KUALA LUMPUR: Ehailing companies have suggested ride-sharing or carpooling as a means to improve first and last-mile connectivity with the Klang Valley’s public rail system, says Anthony Loke.
Government pulls the plug on MRT3 rail project paultan.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from paultan.org Daily Mail and Mail on Sunday newspapers.
The Government is determined to find solutions to the sudden surge in construction costs as a result of the Russia-Ukraine conflict as it is affecting house prices, said Prime Minister Datuk Seri Ismail Sabri Yaakob
KUALA LUMPUR (April 14): Sarawak-based Sarawak Consolidated Industries Bhd (SCIB), whose largest shareholder is Datuk Dr Mohd Abdul Karim Abdullah, the billionaire behind Serba Dinamik Holdings Bhd, is acquiring a loss-making construction firm in Seri Kembangan, Selangor for RM4.98 million to explore business expansion plans in Peninsular Malaysia.
In a bourse filing, SCIB said the group inked a conditional share sale agreement with three individuals Noorazylawati Abdul Bakar, Mohd Khairil Mohd Hatta and Ibrahim Mohd Noor to acquire Kencana Precast Concrete Sdn Bhd (KPCSB). It will settle the purchase via a combination of internal funds and/or bank borrowings.
SCIB said the purchase price was arrived at after taking into consideration the market value of a parcel of land owned by KPCSB, which was appraised to be worth RM5 million (about RM47 per square foot), based on a valuer s report in mid-2019. No other details of the plot were provided.