RM1.5bn jobs for WCT
WCT has secured two turnkey projects in Doha, Qatar, and Sabah, worth a combined RM1.5bn.The RM1.4bn Doha project is for the construction, completion and maintenance of a government administrative building while the RM127.8m project in Sabah is to design, build, equipment, commission and maintain the Tuaran Hospital. Both jobs are scheduled to be completed by May 2013. (BT)
Berjaya Corp gets licence for vehicle production
Berjaya Corp has obtained a licence to manufacture passenger and commercial vehicles at a factory to be built in Selangor, but the rights do not cover small cars that the diversified group is more interested in. MITI's licence is for the production of commercial vehicles, hybrid cars, electric cars and luxury passenger vehicles. (BT)
Genting Malaysia teams up with UK's Apollo
Genting Malaysia is teaming up with Britain's Apollo Resorts & Leisure to bid for a casino licence from the London Borough of Newham in the UK. Its indirect wholly-owned subsidiary, Genting Ibico Holdings, has signed a deal with Apollo to set up a joint-venture company, Sevco Ltd. Sevco will obtain a long-term lease or buy 6.4ha in the Docklands area in Newham to develop and operate a leisure entertainment destination if Apollo wins the casino license. (BT)
Contractors for LRT project to be shortlisted next month
Contractors shortlisted for the first phase of the RM7bn of the LRT extension would be announced by early next month said an industry source. The first phase of the extension of package A for both Kelana Jaya and Ampang Lines involved 9.2km and 7.4km of construction length respectively. (StarBiz)
YTL Cement signs S&P with Gopeng for stake in Perak-Hanjoong Simen
YTL Cement announced it entered into a S&P agreement with Gopeng yesterday for the acquisition of a 35.2% interest in Perak-Hanjoong Simen SB for RM200m. Upon completion of the proposed acquisition, the latter will become its wholly-owned subsidiary. (The Malaysian Reserve)
Bintulu Port invited to submit proposal on Samalaju Port
Bintulu Port has been invited by the Sarawak state government to submit a detailed proposal for the development, management and operations of the Samalaju Port. The proposal, if accepted and approved by the state government, would result in the appointment of Bintulu Port of its wholly-owned subsidiary to build, own, operate and manage the new port. (The Malaysian Reserve)
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