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West Coast Expressway Gets Green Light To Accept RM1.15 Bln Loan Facility

KUALA LUMPUR, April 21 (Bernama) -- WCE Holdings Bhd’s 80 per cent-owned subsidiary West Coast Expressway Sdn Bhd (WCE) has received the Malaysian government’s approval to accept a term loan facility of up to RM1.15 billion from Bank Pembangunan Malaysia Bhd.

Widad Acquires Four Parcels Of Land Worth RM31.3 Mln In Nilai

KUALA LUMPUR, April 17 (Bernama) -- Widad Group Bhd’s wholly-owned subsidiary, Widad Development (Nilai) Sdn Bhd, has signed a conditional sale and purchase agreement with Guper Bonded Warehouse Sdn Bhd to acquire four adjacent parcels of freehold industrial land valued at RM31.30 million.

Sunsuria's Unit Signs DRA With Kwasa Land For RM492 Mln Sungai Buloh Residential Project

KUALA LUMPUR, April 17 (Bernama) -- Sunsuria Bhd’s indirect wholly owned subsidiary, Sunsuria Damansara Sdn Bhd (SDSB), has entered into a development rights agreement (DRA) with Kwasa Development (13) Sdn Bhd (KD13), a unit of Kwasa Land Sdn Bhd, for a residential project in Sungai Buloh, Selangor, with an estimated gross development value of RM492 million.

ECRL Project Achieves 81.07 Per Cent Progress For Kota Bharu - Selangor Alignment

PASIR PUTEH, April 17 (Bernama) -- The East Coast Rail Link (ECRL) project is now on track for completion by December 2026, with the entire alignment from Kota Bharu to Selangor recording a work progress of 81.07 per cent as of last month.

Mongolian Mining Completes Redemption Of Notes At 109.27 Pct Of Principal

KUALA LUMPUR, April 16 (Bernama) -- Mongolian Mining Corporation officially completed the redemption of all its outstanding Notes on April 15.

Sapura Energy Secures RM100 Mln Offshore Support Vessel Contracts In Malaysia, Thailand

KUALA LUMPUR, April 16 (Bernama) -- Sapura Energy Bhd’s (SEB) operations and maintenance (O&M) division has been awarded multiple offshore support vessel (OSV) contracts in Malaysia and Thailand, totalling close to RM100 million.

Keyfield Signs MOA With Chinese Firm To Acquire US$20.55 Mln Cable-Laying Barge

KUALA LUMPUR, April 15 (Bernama) -- Keyfield International Bhd’s wholly owned subsidiary Keyfield Ventures (Labuan) Ltd (KVL), has signed a memorandum of agreement (MoA) with China’s Taizhou Sanfu Ship Engineering Co Ltd to acquire a new 98-metre-long Dynamic Positioning 2 (DP2) cable-laying barge.

CMS Plans Second Clinker Line To Double Cement Output

KUCHING, April 12 (Bernama) -- Cahya Mata Cement Sdn Bhd, a wholly-owned subsidiary of Cahya Mata Sarawak Bhd (CMS), is seeking approval from the Sarawak government to commence the development of a new facility, Clinker Line 2, in Mambong, here.

RM1.4 Bln investment Realised By ECERDC In Pahang, Q1 2025

KUANTAN, April 10 (Bernama) -- The East Coast Economic Region Development Council (ECERDC) continues to strengthen economic growth in Pahang by realising RM1.4 billion in investment in the first quarter of this year (1Q 2025).

ASEAN To Re-establish Swap Arrangement To Enhance Financial Safety, Resilience - Joint Statement

By Danni Haizal Danial Donald

KUALA LUMPUR, April 10 (Bernama) -- ASEAN is looking forward to re-establishing the ASEAN Swap Arrangement (ASA) to strengthen the region’s financial safety net and resilience, according to a joint statement from the 12th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM).

Bids For Penang International Airport Terminal Under Package 3 Expected In May 2025

KUALA LUMPUR, April 10 (Bernama) -- Bids for Penang International Airport (PIA) main terminal building  under the Package 3 are expected to open in May 2025 ahead of its scheduled 2027 completion.

ECRL Completes Excavation Of 38 Tunnels Ahead Of Schedule, Marks Key Milestone

KUALA LUMPUR, April 8 (Bernama) -- The East Coast Rail Link (ECRL) project has completed excavation works for 38 tunnels along its rail alignment, following two recent breakthroughs in Selangor earlier this week.