PETALING JAYA: Tanco Holdings Bhd, through its 79%-owned subsidiary Midports Holdings Sdn Bhd, today signed a memorandum of understanding (MoU) with C...
Signing the MoU are Midports Holdings executive director Datuk Wira Chuah Lim Leng and CCCC Dredging vice-president Huang Daojin. Standing, from left, are Tanco Builders Sdn Bhd managing director Eugene Choo Ewe Chuen, Tan, Liu and CCCC Dredging international business division executive general manager Li Feng.
This development is further to the joint venture agreement announced on Feb 27, 2024, between Midports and Menteri Besar Negeri Sembilan on undertaking reclamation works necessary for the project. Its parent company, CCCC, is listed in Hong Kong and Shanghai. The company’s profitability and value-creation capabilities are among the leading global players. In 2023, China Communications Construction ranked 63th in Fortune 500 and was among the top three in the ENR ranking of the 250 largest international contractors. The company boasts a market capitalisation of about RM80 billion.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How Google and Apple are protecting smartphones against theftKUALA LUMPUR: Stocks to watch today include Maxis Bhd, ITMAX System Bhd, PIE Industrial Bhd, Malayan Flour Mills Bhd (MFM), PPB Group Bhd, Epicon Bhd, NationGate Holdings Bhd and GIIB Holdings Bhd.
Read more »
Villager dies after fight with friend in Kota BeludKUALA LUMPUR: The Jakel Group is venturing into the data centre business by partnering PiDC Holdings Bhd via a 40% investment in Pi Data Centre Sdn Bhd (PiDC).
Read more »
Thailand offers 60-day visa-free entry for Malaysian travellersKUALA LUMPUR: The Jakel Group is venturing into the data centre business by partnering PiDC Holdings Bhd via a 40% investment in Pi Data Centre Sdn Bhd (PiDC).
Read more »
What’s behind the controversy of MAHB’s Khazanah-EPF takeover, and what does Israel have to do with it?KUALA LUMPUR, May 24 — Malaysia Airports Holdings Bhd confirmed last week a takeover offer from a consortium led by its major shareholders Khazanah Nasional Bhd and the Employees...
Read more »
Anwar honours Prof Toshihiko Izutsu for global impact on academia, philosophyKUALA LUMPUR: Gamuda Bhd’s wholly owned subsidiary, Gamuda Engineering Sdn Bhd has secured a RM928.6mil contract from Pearl Computing Malaysia Sdn Bhd.
Read more »
Prosecution objects to Muhyiddin's application to stay Sessions Court proceedingsKUALA LUMPUR: Gamuda Bhd’s wholly owned subsidiary, Gamuda Engineering Sdn Bhd has secured a RM928.6mil contract from Pearl Computing Malaysia Sdn Bhd.
Read more »