KUALA LUMPUR (July 5): Chin Hin Group Property Bhd (CHGP) is planning to acquire a 65% equity interest in construction firm Kayangan Kemas Sdn Bhd for RM37.
KUALA LUMPUR (March 5): The recent political developments that led to the change in government have dimmed the bright spots for the construction sector, said CGS-CIMB Research, given concerns over the implementation of new infrastructure projects that have been planned by the preceding government under Tun Dr Mahathir Mohamad.
KUALA LUMPUR (Feb 18): The Construction Industry Development Board (CIDB) has started its investigation on a 37-storey condominium building under construction in Taman Desa, Jalan Klang Lama that partially collapsed last Friday (Feb 14), with the findings expected to be released in a month’s time.
KUALA LUMPUR (Sept 3): Setia Precast Sdn Bhd, a wholly-owned subsidiary of S P Setia Bhd, today received the highest-in-the-country Industrialised Building System (IBS) score of 93.
KUALA LUMPUR (Aug 6): The Construction Industry Development Board (CIDB) Malaysia hopes there will be allocation under Budget 2020 for incentives to encourage the construction industry to adopt Building Information Modelling (BIM).
KUALA LUMPUR (Oct 25): The Malaysian Institute of Property and Facility Managers (MIPFM) will be speaking with the Housing and Local Government Ministry about the possibility of setting up a separate board to register property, facility and strata managers.
KUALA LUMPUR (Sept 28): Construction costs of homes are expected to fall by 3% to 5% owing to the Sales and Service Tax (SST) exemption on basic construction materials, The Star daily reported Construction Industry Development Board (CIDB) chief executive Datuk Ahmad Asri Abdul Hamid saying today.
KUALA LUMPUR (April 23): The Construction Industry Development Board (CIDB) today led a delegation of Malaysian construction-related companies to explore opportunities in development projects in the UK owned by Malaysian developers.
KUALA LUMPUR (Nov 20): Sunway Construction Group Bhd (SunCon), the country's largest pure-play construction group, saw its net profit rise 11.