State science, innovation and information technology, communications, high technology and human resources committee chairman Datuk Norsabrina Mohd Noor said studies conducted by the state indicate that the airport, estimated to cost RM1.6 billion, should be full-fledged to cater to the growth in the Kulim Hi-tech Park.
LBS Bina Group Bhd's share acquisition of ML Global Bhd could see its earnings increase moderately by 5% to 6% beginning from the second or third quarter of financial year 2016 with the full consolidation of the latter's account, according to a research report.
Gaining control of ML Global would help pave way for LBS Bina to spread its wing in infrastructure building.
The PTMP, which involves a 20km link connecting Gurney Drive and Bayan Lepas, besides a light-rail transit system between Komtar and Bayan Lepas, is at the detailed environmental impact assessment stage.
Pelaburan Hartanah Bhd (PHB) continues to be on the lookout for suitable properties for possible injection into Amanah Hartanah Bumiputera (AHB) and to further increase its fund size, said its group managing director and chief executive officer Datuk Kamalul Arifin Othman.
S P Setia Bhd has confirmed its acting president and chief executive officer Datuk Khor Chap Jen as executive president and CEO, Datuk Wong Tuck Wai as deputy president and chief operating officer, and Choy Kay Yew as chief financial officer, effective April 1.
Malaysian Resources Corp Bhd (MRCB)’s Penang Sky Cab, a 4.8km cable car system first mooted by the state government in March last year to connect mainland Penang in Butterworth and Jelutong in Penang Island, is expected to begin construction in the first quarter of 2018 (1Q2018).
Sunway Construction Group Bhd (SunCon)'s subsidiary has been awarded a RM1.21 billion project by Mass Rapid Transit Corp Sdn Bhd (MRT Corp) to build a viaduct guideway and other associated works for the MRT Sungai Buloh-Serdang-Putrajaya Line (SSP Line).
Property developer Glomac Bhd said it plans to roll out RM627 million new launches in the second half of the financial year ending April 30, 2016 (2HFY16), where four out of the five planned projects are in the affordable landed residential segment.
In a bourse filing, SIB said it has received a notification for the compulsory acquisition of the land, measuring 1.35ha, in Sungai Buloh, Petaling district.
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