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Tuesday, October 18, 2011

FAJAR, PICORP

Fajarbaru unit and partner get contract worth RM166.43m
Fajarbaru Builder Group Bhd’s subsidiary and its partner have landed a RM166.43 million contract to build and maintain the first phase of a medical suite and its infrastructure at Jalan Ampang, Kuala Lumpur.

Progressive Impact buys Shah Alam property for RM40m
Progressive Impact Corp Bhd is buying a piece of industrial land in Shah Alam for RM40 million in a move to expand its operations.

“PICORP estimates that it would need additional office and warehouse space to facilitate the expansion of its operations. Its current premises do not have sufficient office and warehouse space to meet with the anticipated expansion requirements.

“The proposed acquisition would allow the PICORP Group to secure immediate additional physical space for its operations to expand,” it said.

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