Posts Tagged ‘Light Rail Transit Line 3’

Analysts mixed on IJM’s LRT3 termination

IJM is currently consulting with its advisors and will seek appropriate legal redress under the LRT3 contract
By NG MIN SHEN / Pic By BLOOMBERG THE ...

IJM gets termination notice for LRT3 contract

The termination is due to the project being remodelled from a PDP model to a fixed price contract model, according to firm
by SHAZNI ONG / pic by TMR ...
LRT3

Ikhmas Jaya bags LRT3 project

By TMR / Pic By MUHD AMIN NAHARUL
Ikhmas Jaya Group Bhd’s wholly owned subsidiary, Ikhmas Jaya Sdn Bhd (IJSB), has secured a sub-contract worth RM405 ...

Gabungan AQRS’ 1Q19 earnings dip

By SULHI KHALID / Pic By TMR File
Gabungan AQRS Bhd’s net profit for the first quarter ended March 31, 2019 (1Q19) declined by 34% year-on-year (YoY) ...

121 infrastructure projects to proceed

by BERNAMA / pic by ISMAIL CHE RUS
A TOTAL of 121 infrastructure projects valued at RM13.93 billion nationwide offered through direct negotiations and ...

LRT3 sets base for restart of other mega projects

Other projects that have been shelved include the Malaysia-Singapore HSR, ECRL and 2 gas pipelines
By ALIFAH ZAINUDDIN / Pic By MUHD ...

Mixed reaction for LRT3-related counters

By SHAZNI ONG / Pic By MUHD AMIN NAHARUL
SHARE prices of companies that are linked to the Light Rail Transit Line 3 (LRT3) project reported mixed ...

Construction sector hit by lack of large scale jobs

By NG MIN SHEN
The construction sector lacks catalysts in view of the reduced infrastructure spending by the government following major cost cuts in ...

George Kent’s 3Q earnings hit 
by LRT3 renegotiation

The fall in profit is partly due to decline in profit at its engineering division which mainly depends on its construction activities
By FARA AISYAH / ...

Foreign selling narrowed to RM531.8m for 3rd week

By SHAHEERA AZNAM SHAH / Pic By MUHD AMIN NAHARUL
Foreigners continue to dump Malaysian equity, but the pace of exit has ebbed to a nine-week low of ...
LRT3

LRT3 rationalisation sufficient to meet demand

By MARK RAO / Pic By TMR
Prasarana Malaysia Bhd’s initial specifications for the Light Rail Transit Line 3 (LRT3) exceeded the actual requirements and ...

George Kent’s share rises 30% on resumed LRT3 project

The PDP’s share price rose to RM1.29, the biggest day gain in over 14 years
By SHAHEERA AZNAM SHAH / Pic By TMR File Investor confidence ...