PAM launches 2018 building contract
PETALING JAYA (April 12): The Malaysian Institute of Architects (PAM) launched their new PAM Contract 2018 yesterday, the fourth version of the PAM standard form of building contract since it was first introduced in 1969.
Construction of ECRL slightly ahead of schedule
KUALA LUMPUR (April 12): The construction of the high-impact East Coast Rail Link (ECRL) in Kelantan is progressing slightly ahead of schedule according to Malaysia Rail Link Sdn Bhd (MRL), which is optimistic about the economic spin-offs the connection will bring to the region.
East-coast’s GDP expected to rise 1.5% with ECRL
KUALA LUMPUR (April 11): The construction of the high-impact East Coast Rail Link (ECRL) in Kelantan is progressing slightly ahead of schedule, according to Malaysia Rail Link Sdn Bhd (MRL) which is optimistic of the economic spin-offs that the connection will bring to the region.
YFG bags RM55m job to build homes under armed forces housing scheme
KUALA LUMPUR (April 11): YFG Bhd has bagged an RM55 million contract to build 418 units of one-storey houses for the Angkatan Tentera Malaysia Negeri Sembilan housing scheme in Tampin, Negeri Sembilan.
Yong Tai to raise up to RM1b via sukuk
KUALA LUMPUR (April 11): Yong Tai Bhd has established a sukuk or Islamic Medium Term Note Programme of RM1 billion in nominal value to finance its investment activities, capital expenditure and working capital requirements.
Gamuda expected to continue to benefit from infrastructure projects
Gamuda Bhd (April 6, RM5.
Lion Diversified gets RM11.74m compensation for land compulsorily acquired in Kuala Langat
KUALA LUMPUR (April 6): Lion Diversified Holdings Bhd said part of its land in Kuala Langat district in Selangor has been compulsorily acquired by the land office, with a compensation sum of RM11.
Only 30% of ERCL workers will be foreigners, says project owner
KUALA LUMPUR (April 5): Malaysia Rail Link Sdn Bhd (MRL), the owner of the East Coast Rail Line (ECRL) project, says only 30% of the total workers involved in the RM60 billion project will be foreigners from China and other Asian countries, allaying concerns that the project is mostly run by the Chinese.
Batu Tiga, Sungai Rasau toll booths removed
KUALA LUMPUR (April 2): There are now no more toll booths on Batu Tiga and Sungai Risau.
