Wednesday, May 4, 2016
KUALA LUMPUR (May 4): Kimlun Corp Bhd has won a construction contract worth RM165.82 million to build affordable apartments in Selangor.
In a bourse filing yesterday, the construction outfit said its wholly-owned subsidiary — Kimlun Sdn Bhd — had accepted the letter of award from Hillcrest Gardens Sdn Bhd for the construction of five blocks of Rumah Selangorku affordable apartments in Mukim Petaling, Selangor.
The job is expected to be completed by April 2019.
Kimlun said the project is expected to contribute positively to its earnings and net assets for the financial years during the contracted period.
According to Hillcrest Gardens’ website, its core business activity is property development, and its principal shareholders are the Armed Forces Fund Board and the Kuok Group.
The property developer has completed two township developments before this, namely the 600-acre (243ha) Taman Puchong Utama in Puchong, Selangor; and the 523-acre Seri Gombak in Batu Caves, Selangor.
Sunday, March 13, 2016
Thursday, February 4, 2016
Wednesday, January 13, 2016
Maju Expressway (MEX) has announced that it began operations at the Seri Kembangan interchange (Exit 2004) yesterday, January 13. Toll payment is via Electronic Toll Collection (ETC) using Touch ‘n Go cards and SmartTAGs.
The toll rates are RM2.20 for Class 1 vehicles (with two axles and three or four wheels, except taxis and buses), RM4.40 for Class 2 vehicles (with two axles and six wheels, except buses) and RM6.60 for Class 3 vehicles (with three axles or more, except buses).
The rate for Class 4 vehicles (taxis) is RM1.10, while that for Class 5 vehicles (buses) is RM2.20.
The Seri Kembangan interchange provides access from MEX to Seri Kembangan, Serdang, Puchong and Universiti Putra Malaysia (UPM).