<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Nov 21): Zecon Bhd has widened its net loss to RM3.1 million in the first quarter ended Sept 30, 2014, from net loss of RM213,000 in the previous corresponding quarter.</p></div>

<div class=newsTextDataWrapInner><p>The bigger loss was largely due to additional costs affecting some of its projects, said the construction firm in a filing with Bursa Malaysia.</p></div>

<div class=newsTextDataWrapInner><p>Zecon’s revenue declined 16.9% to RM23.98 million from RM28.86 million a year ago on lower percentage of revenue recognition, as most of its projects are in their initial stages of implementation.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>On prospects, Zecon sees significant boost in revenue from a deal, should it materialised, for Perumahan Rakyat 1 Malaysia, which the group is currently finalising.</p></div>

<div class=newsTextDataWrapInner><p>The group will also continue to focus on the implementation of current construction projects.</p></div>

<div class=newsTextDataWrapInner><p>Zecon was untraded at 2.43 pm today. It was last traded yesterday with a closing price of 98.5 sen, giving it a market capitalisation of RM117.3 million.</p></div>

<div class=newsTextDataWrapInner><p>&nbsp;</p></div>


KUALA LUMPUR (Nov 21): Zecon Bhd has widened its net loss to RM3.1 million in the first quarter ended Sept 30, 2014, from net loss of RM213,000 in the previous corresponding quarter.

The bigger loss was largely due to additional costs affecting some of its projects, said the constructio...

Zecon widens 1Q loss to RM3.1m on higher project cost

KUALA LUMPUR (April 18): Former Umno youth exco Wan Muhammad Azri Wan Deris, better known as Papagomo, submitted a representation to drop the charge against him for allegedly making seditious remarks linking the government to pro-Israel and pro-Western countries last year.

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<p>Alphabet-owned Google&nbsp;is laying off an unspecified number of employees, a company spokesperson said on Wednesday, marking the latest cuts at the technology giant as it cracks down on costs.</p>


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<p>Bursa Malaysia turned mixed at the midday break on Thursday with the key index ending the morning session in positive territory, in tandem with regional markets, said a dealer.&nbsp;</p>


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<p>The concessionaire of the Petaling Jaya Dispersal Link (PJD Link) highway believes the project remains viable and will continue to pursue its realisation.&nbsp;</p>
