Category: News

Zelan Gets Letter Of Intent From Mudajaya For Rm300m Civil Works Zelan Gets Letter Of Intent From Mudajaya For Rm300m Civil WorksBursa  Zelan Berhad (“Zelan”) has, on 27 October 2011, received a Letter of Intent from Mudajaya Corporation Berhad (“Mudajaya”), who is a member of the Consortium comprising Alstom, Mudajaya and Eversendai (“Consortium”), whereby Mudajaya […]

Zelan Shifts Focus To Jobs In Malaysia Zelan Shifts Focus To Jobs In MalaysiaBusiness Times  Zelan Bhd , faced with cost overruns in overseas projects, has shifted its focus to local jobs with concessions such as the Gombak Integrated Transport Terminal (GITT), director Datuk Hasni Harun said. “We’ve learnt our lessons concerning overseas projects. So […]

Zelan Looks For Steady Concession Income Zelan Looks For Steady Concession IncomeThe Star  Company expects income stream of RM900mil over 25 years from GITT KUALA LUMPUR: Engineering and construction group Zelan Bhd will focus on projects with concessions, such as the Gombak Integrated Transport Terminal (GITT) project, as the company looks for a steady income […]

Zelan To Focus On Gombak Project Zelan To Focus On Gombak ProjectBernama  ENGINEERING and construction group Zelan Bhd will focus on the Gombak Integrated Transport Terminal (GITT) project, which is expected to provide an income stream of RM900 million over 25 years. “The offer has been given by the government and we are in the […]

Zelan, Partner To Build Terminal Zelan, Partner To Build TerminalBusiness Times  ZELAN Bhd said its partnership with Landasan Kapital (M) Sdn Bhd has won a deal to build the integrated transport terminal at Gombak, Selangor. The company said the project is subject to further negotiations and the concession agreement to be signed later. “Details of […]

ZELAN EYEING MORE PENGERANG PROJECTS ZELAN EYEING MORE PENGERANG PROJECTSThe Malaysian Reserve Kavithah Rakwan, Friday 15th May 2015 Zelan Bhd is eyeing more construction projects locally and is participating in some Pergerang, Johor tenders as it seeks to turnaround the company in terms of improving its operating profit and retained earnings. “They have been dishing out […]

ZELAN TO RECEIVE RM104.7M FROM MEENA HOLDINGS THIS WEEK ZELAN TO RECEIVE RM104.7M FROM MEENA HOLDINGS THIS WEEKThe Edge Financial Daily Home Business, 2nd September 2014 KUALA LUMPUR: Zelan Bhd is set to receive the 121.64 million dirhams (RM104.7 million) owed by Meena Holdings LLC this week, after two rounds of delay, according to sources. The […]

WRITEBACK ON COSTS BOOSTS ZELAN EARNINGS WRITEBACK ON COSTS BOOSTS ZELAN EARNINGSThe Star Online Business News – 22nd August 2014 KUALA LUMPUR: Zelan Bhd posted net profit of RM12.57mil in the first quarter ended June 30, 2014, an increase of 60% from RM7.85mil a year ago, boosted by the writeback on costs. It said on Friday […]

ZELAN GAINING MOMENTUM ZELAN GAINING MOMENTUMThe Star Online Business News, 16th August 2014 Zelan Bhd has been a hot stock in recent times. With investors willing to take a bet on the company’s prospects, the engineering, construction and property group has seen its stock shoot up 68% to 42 sen from just three months ago, outperforming […]

PETRONAS ON TRACK IN PENGERANG PETRONAS ON TRACK IN PENGERANGThe Star Online Business News, 11th August 2014 KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) is moving on a steady course forward for its colossal project, the Pengerang Integrated Complex (PIC) in Johor, with the recent award of 11 major contracts. The contracts were part of PIC’s critical […]