RHB Investment Bank Research has maintained its 'buy' rating for Gamuda Bhd (KL:GAMUDA) at RM5.58, with a higher target price of RM6.55 (from RM6.30), and said it is upbeat on the prospects Ho Chi Minh City (HCMC) has for Gamuda’s property arm.

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.

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.

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 Sdn Bhd on Thursday awarded AEON Mall Mean Chey in Phnom Penh, Cambodia, with Gold certification under the non-residential category.

The Madani Government has made several press statements and announcements during the past year and more recurrently in recent months regarding its intention to introduce a new law aimed at facilitating the urban renewal, redevelopment, rejuvenation and regeneration of certain identified private properties in the urban areas, namely Kuala Lumpur, Johor Bahru and Penang.

UEM Group Bhd, through its township and property arm, UEM Sunrise Bhd signed an MoU with ITRAMAS Corp and China Machinery Engineering Corp (CMEC) to developing a Renewable Energy RE) Industrial Park, measuring 40-acres in Gerbang Nusajaya, Iskandar Puteri, Johor.

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.

Shares of Mitrajaya Holdings Bhd (KL:MITRA) rose to their highest in more than eight months, after the builder and property developer announced that it has secured a contract worth RM174.3 million.

Mitrajaya Holdings Bhd (KL:MITRA) has clinched a contract worth RM174.3 million to build a hospital in Shah Alam, Selangor.