Ewein buying land in Butterworth to develop workers’ dormitory
Ewein Bhd is acquiring a vacant piece of industrial land in Butterworth for RM25.84 million to develop a workers’ dormitory in a related party transaction.
Glomac’s 3Q net profit surges on higher property development revenue
Glomac Bhd’s net profit jumped by over 800% to RM3.81 million for its third quarter ended Jan 31, 2024 (3QFY2024), from RM419,000 a year earlier, driven by higher revenue from its property development and property investment business.
Avaland tops out Aetas Damansara at Persiaran Tropicana
The development is targeted for vacant possession (VP) in 1Q2025, which is about six months ahead of schedule from its initial expected completion date in 2Q2025.
Scientex 2Q net profit climbs 33% as billings rise, new launches help
Net profit for the three months ended Jan 31, 2024, rose to RM141.01 million from RM106.29 million a year earlier.
Analysts keep 'overweight' on construction sector, favours key players in Pan Borneo project, flood mitigation
CIMB Securities Sdn Bhd said that tender activities for Phase 1B of Sabah Pan Borneo Highway seem to be picking up with the award of several new contracts.
Binastra posts record profit as construction segment continues to drive earnings
Revenue more than doubled to RM155.37 million from RM73.78 million in 4QFY2023.
TCS bags RM140.2m buildings works projects in Selangor
The contract period will be 19 months, commencing from March 2024 with the expected completion by October 2025.
At least RM350m in property sales expected at Mapex Selangor 2024 — Rehda
Real Estate and Housing Developers Association (Rehda) Selangor, which aims to make homeownership accessible for all homebuyers in Klang Valley, expects at least RM350 million in sales at the upcoming Malaysian Property Expo (Mapex) Selangor 2024.
WORQ launches eighth co-working outlet at Sunway Putra Mall with 100% occupancy
Co-working and flex space provider WORQ launched its eighth outlet at Sunway Putra Mall in Kuala Lumpur on Monday. The outlet has achieved 100% occupancy since its opening in January this year.
EcoFirst alleges conspiracy in award of now-terminated contract to Kerjaya Prospek
EcoFirst Consolidated Bhd is alleging that its former directors had conspired with Kerjaya Prospek Group Bhd in the award of a RM404.35 million residential development project in June last year, which was subsequently terminated in November.
