Ekovest enters strategic collaboration with CREC, posts 44% jump in 1Q profit
KUALA LUMPUR (Nov 27): Ekovest Bhd, whose first quarter net profit jumped 44% on-year, says today it has entered into a "multi-angle, broad-based strategic collaboration" with China's state-owned conglomerate, China Railway Group Ltd (CREC), that aims to explore new ventures and projects like the construction and development of infrastructure in Malaysia and the Asia Pacific.