Ho Hup's property development unit applies for judicial management
Ho Hup Construction Company Bhd (KL:HOHUP) said its 52%-owned unit Golden Wave Sdn Bhd (GWSB) has applied with the High Court to be placed under judicial management.
Phillip Capital raises target price for Kerjaya Prospek to RM2, sees stronger y-o-y net profit growth in 1Q2024
Phillip Capital has maintained its “buy” rating on Kerjaya Prospek Group Bhd at RM1.80 with a higher target price (TP) of RM2 (from RM1.93) and said it expects Kerjaya’s 1Q2024 net profit to come in stronger year-on-year, but flat quarter-on-quarter.
CIDB collaborates with ACE Greencemt to study sustainable construction material
The Construction Research Institute of Malaysia (CREAM), a research institute by the Construction Industry Development Board of Malaysia (CIDB), has entered into a collaboration with fly ash supplier ACE Greencemt Sdn Bhd through a memorandum of agreement (MOA) to conduct a study, specifically on fly ash, to promote green concrete for a sustainable construction industry.
Pansar secures RM30m contract to manage museum building in Kuching
Pansar Bhd (KL:PANSAR) has secured a RM30.1 million contract to undertake facilities management and maintenance for the Borneo Cultures Museum and annex building at the Sarawak Museum Complex in Kuching.
AirAsia MOVE partners with The Commune Mall to offer exclusive deals to mall patrons
AirAsia MOVE, the travel super-app by Capital A Bhd (KL:CAPITALA), has inked a memorandum of understanding with The Commune Mall to offer exclusive discounts spanning flights, hotels and rides deals to patrons of the mall.
Econpile to ride on construction upcycle, says HLIB
Hong Leong Investment Bank (HLIB) Research said the anticipated rebound in construction activities, particularly in railway projects, is expected to generate more contract opportunities for companies like Econpile Holdings Bhd (KL:ECONBHD).
GreenRE awards AEON Mall Mean Chey with Gold certification, inks MOU with Cambodia Green Building Council
GreenRE Sdn Bhd on Thursday awarded AEON Mall Mean Chey in Phnom Penh, Cambodia, with Gold certification under the non-residential category.
Thong Guan teams up with Kedah agency to develop RM200m GDV property project
Plastic packaging manufacturer Thong Guan Industries Bhd (KL:TGUAN) is teaming up with the Kedah State Development Corporation (PKNK) to jointly develop 221 units of shop and office lots with an estimated gross development value (GDV) of RM200 million.
S P Setia soars to near six-year high as analysts bet on extended rally
Shares of S P Setia Bhd (KL:SPSETIA) soared to their highest in nearly six years after the property developer reported a 39% year-on-year gain in net profit for the first quarter of the year.
IJM, partner secure eight central London sites for development
IJM Land Bhd, the property arm of construction giant IJM Corporation Bhd (IJM Corp)(KL:IJM), said on Thursday that it has secured eight central London sites for development with its partner Network Rail Property.
