Malaysia’s national grid can take on more RE, says Irena chief
However, investment for the grid of the future must be committed now to ensure continuity through the energy transition.
However, investment for the grid of the future must be committed now to ensure continuity through the energy transition.
With a gross development value of RM128 million, Sunway Dora comprises 156 condominium units and 22 commercial shops.
The property in question in the long-standing dispute that started in the 1960s covers 263.72 acres.
Gamuda's wholly owned Gamuda Land (Labuan) Ltd holds a 75% stake in VB II, while Castleforge’s wholly-owned partnership entity Athelstan Ltd owns the remaining 25%.
Hong Leong Investment Bank (HLIB) Research has maintained its “Buy” rating on Gamuda Bhd at RM4.14 with an unchanged target price (TP) of RM4.88 and said Gamuda reported 1HFY23 core PATAMI of RM385.0 million, slightly above house and consensus expectations at 52%/55% respectively.
Pasukhas Group Bhd said the value of the contract the group won last year to undertake concrete substructure works for the head building of the Dexcom Malaysia Factory 3 project in Penang has been increased to RM12.7 million from RM7.08 million.
Chin Hin Group Property Bhd has emerged as a substantial shareholder of NCT Alliance Bhd, after subscribing to 75.41 million shares in the latter via private placement.
Sunway Construction Group Bhd has been awarded a contract for the construction of station and viaducts for the Johor Bahru–Singapore Rapid Transit System (RTS) for RM604.86 million.
Gamuda Bhd posted a net profit of RM194.62 million for its second quarter ended Jan 31, 2023 (2QFY2023), up 9.88% from RM177.13 million in 2QFY2022, as stronger construction and property earnings filled in the void of its highway earnings following the divestments of its four highways last year.