News by M

Tadmax targets return to the black this year

Property and power company Tadmax Resources Bhd is confident of a turnaround this year, backed by earnings contribution from its RM1 billion gross development value Mizumi Residences project in Kepong.

16 May, 2017

Ministry has achieved 70% of RUMAWIP target

Some 70% of the 80,000 units of Rumah Mampu Milik Wilayah Persekutuan, or RUMAWIP, targeted to be built in the Federal Territories (FT) have been or are being developed as of May 2017.

16 May, 2017

Mega rail projects on the cards for construction sector

We have identified four mega rail projects that will be rolled out over the next two to three years. These include the East Coast Rail Link (ECRL), Kuala Lumpur-Singapore High-Speed Rail (HSR), Gemas-Johor Bahru electrified double-tracking (EDT) project and mass rapid transit 3 (MRT3) Circle Line. Collectively, these mega rail projects will have a total cost of RM171 billion.

16 May, 2017

IWCity resumes uptrend in active trade

Iskandar Waterfront City Bhd shares resumed their uptrend in active trade this morning after a frenzy of buying interest in the stock in afternoon trading session pushed up its share price by 29.9%, or 49 sen, yesterday.

16 May, 2017

IWCity's share price rises 23.8%

Shares in Iskandar Waterfront City Bhd (IWCity) gained as much as 39 sen or 23.8% to RM2.03 in afternoon trading after it was reported that the government may allow the IWH-CREC consortium back in Bandar Malaysia.

15 May, 2017
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