Chuan Huat inks MoU to supply building materials worth RM200m
“The MoU is to establish the principal supplier for the building materials for the construction of a mixed development known as Residensi Bandar Razak (RC Residences).”
JAG buys land in Klang for RM14.4m
The purchase, from Hwee Seng & Co Sdn Bhd, will be financed through a combination of internally-generated funds, fundraising exercise and bank borrowings, the group said.
Crescendo buys land in Johor for RM13m
To develop apartments for rent by Crescendo International College students.
IJM Corp bracing for challenging FY19, says CEO
Speaking on the group's outlook at the launch of Pantai Sentral Interchange, its chief executive officer (CEO) and managing director Datuk Soam Heng Choon said "this is time for consolidation", as the construction sector is facing slowdown due to fewer jobs from the government and the property market softens.
JAKS anticipates ‘very significant’ profit growth in next two years
JAKS expects the growth as it recognises construction earnings from the engineering, procurement and construction (EPC) contract for its coal-fired thermal independent power plant project in Vietnam.
Titijaya to launch projects worth RM838m in FY19, eyeing RM500m sales
Planned launches comprise the Phase 1 of Damaisuria @ Subang, which carries an estimated GDV of RM180 million, Phase 2 of 3rdNvenue @ Embassy Row, which has an estimated GDV of RM338 million and Phase 1 of Riveria City @ KL Sentral, worth RM320 million.
Ekovest confident of staying profitable with RM3b outstanding orders
The group is now eyeing a slice of the record RM11.91 billion budget the Sarawak state government is planning to spend, the bulk or some RM9.07 billion of it for development.
Setiawangsa-Pantai Expressway on track to be completed by 1Q20
The project, also known as the Duta-Ulu Kelang Expressway (DUKE) Phase-3 project, is currently 50% complete, and the group is committed to complete the project as scheduled.
Tropicana to roll out new launches worth over RM430m
“These comprise the second phase of commercial shoplots at Tropicana Aman in Kota Kemuning; the fourth landed residential phase at Tropicana Heights, Kajang; and a new commercial phase at Tropicana Metropark, all expected to contribute positively to the group’s earnings for the coming years,” it said in a statement yesterday.
MBSB 3Q profit rises 21% on lower impairment allowances
MBSB said its gross loans and financing for 3QFY18 declined 0.6% year-on-year, mainly due to the proposed sale of personal financing, property financing and mortgages in 4QFY17 that amounted to RM1.51 billion.
