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The government has decided not to raise toll rates for 10 major highway concessions nationwide in 2026, with the federal government set to fork out another RM591.56 million in compensation to concessionaires.
Taliworks Corp Bhd's profitability is expected to continue to be mainly driven by the water treatment and supply, and toll highway segments, despite these segments seeing a decline for the third quarter of this year (3Q25).
Taliworks Corp Bhd’s (KL:TALIWRK) net profit for the third quarter ended Sept 30, 2025 (3QFY2025) surged 85.6% year-on-year (y-o-y) to RM45.02 million, supported by a substantial one-off gain from its associate and improved segmental performance.
KUALA LUMPUR: Taliworks Corp Bhd’s net profit surged 85.5 per cent to RM45.02 million for the third quarter ended Sept 30, 2025 from RM24.25 million a year ago, even as revenue declined.
SIX groups have submitted bids for a contract to develop Malaysia’s multibillion-ringgit multi-lane free flow (MLFF) toll collection system, according to sources familiar with the matter. It is understood that the Ministry of Works recently issued a request for proposal (RFP), with the submission...
KUALA LUMPUR: Taliworks Corp Bhd’s net profit slipped 20.8 per cent to RM13.45 million in the second quarter ended June 30, 2025 (Q2 2025), from RM16.99 million in Q2 2024 due to a higher share of losses from its associates SWMEH.
Taliworks Corp Bhd’s (KL:TALIWRK) second-quarter net profit fell 20.85% year-on-year (y-o-y), mainly dragged by a higher share of losses from its associate, SWM Environment Holdings Sdn Bhd (SWMEH), despite recording higher revenue.
PETALING JAYA: Water infrastructure-related stocks stand to gain from the government's revision of water tariff rates for nearly all of Peninsular Malaysia and Labuan, as higher revenue enables upgrades to ageing infrastructure.
Optimism ran high when Jelawang Capital entered the venture capital scene in October 2024, pledging to disburse RM1 billion over three years to grow the industry in Malaysia. Investors were excited as they would have a shot at securing a piece of the pie through a fair and transparent process.
KUALA LUMPUR (July 29): The Works Ministry said on Tuesday that it is impractical and unrealistic for the federal government to abolish highway tolls altogether.
TUNKU Ali Redhauddin Tuanku Muhriz (pictured) is understood to be in talks to acquire a 10% stake in Cement Industries of Malaysia Bhd (CIMA), sources familiar with the matter tell The Edge.
It is understood that UEM Group Bhd, which wholly owns CIMA, has been in negotiations with the 4...