TRC Synergy Bhd (KL:TRC) has secured a RM550.8 million contract from SRS Consortium Sdn Bhd for works related to the Penang Light Rail Transit (LRT) Mutiara Line project.

Gamuda Bhd (KL:GAMUDA) posted a 5% increase in net profit for the first quarter ended Oct 31, 2025 (1QFY2026), supported by stronger contributions from domestic construction projects and property developments in Vietnam.

MUI Properties Bhd (KL:MUIPROP) is acquiring eight parcels of freehold land in Ijok, Selangor, for RM605 million to rebuild its development pipeline following its recent land sale in Negeri Sembilan.

Sime Darby Property Bhd (KL:SIMEPROP) bagged the top gong at The Edge Malaysia Top Property Developers Awards (TPDA) 2025, repeating last year’s achievement.

The tender process for the package is currently in the final stage of technical and financial evaluation.

Gamuda Land, the property arm of Gamuda Bhd (KL:GAMUDA), has acquired a site at 14 Marshgate Lane in Stratford, London, for a purpose-built student accommodation (PBSA) project with an estimated gross development value of RM600 million.

Kota Kemuning, a well-established township in Shah Alam, Selangor, has continued to see stable growth in its property market despite its history as a flood-prone area.

MRT Corp, as the project owner and implementer, requested a review of the design and technical details before finalising the tender outcome.

The Master Builders Association Malaysia (MBAM) officially launches its new building, Bangunan Persatuan Kontraktor Binaan Malaysia, located along Persiaran Harmoni, Putra Heights in Selangor on Friday.

Malaysia Rapid Transit Corp Sdn Bhd (MRT Corp) has launched a series of tenders and expressions of interest (EOI) for the Penang Light Rail Transit (LRT) Mutiara Line, inviting bids from qualified local and international contractors as the project enters its implementation phase.