Gamuda posts better y-o-y and q-o-q net profit in 4QFY21, lifted by stronger construction and property earnings
KUALA LUMPUR (Sept 29): Gamuda Bhd posted a net profit of RM214.
Gamuda falls into the red on one-off impairment
KUALA LUMPUR (Sept 26): Gamuda Bhd has fallen into the red with a net loss of RM17.
Time to shift to new building methods, says PAM president
PETALING JAYA (Sept 16): The Covid-19 pandemic may have hit the construction sector but it also opened up a new avenue for the industry players to rethink the conventional construction process and start to embrace Industrialised Building System (IBS) and Modular Integrated Construction (MiC), said Malaysian Institute of Architects (PAM) president Datuk Ezumi Harzani Ismail.
MGB bags piling and building works worth RM215m
KUALA LUMPUR (July 16): Industrialised Building System (IBS) precast manufacturer MGB Bhd (formerly known as ML Global Bhd) has secured an RM215 million contract from its major shareholder LBS Bina Group Bhd's subsidiary to deliver the piling and building works for a housing development project in Kuala Selangor.
CIDB allocates RM70m for programmes to enhance construction industry
KUALA LUMPUR (July 11): The Construction Industry Development Board (CIDB) has allocated a total of RM70 million to implement several strategic programmes aimed at boosting the capacity and capability of construction industry players who were affected by the movement control order (MCO).
Some construction players bid below cost to survive — Gamuda
KUALA LUMPUR (Dec 6): It is no secret that the Malaysian construction market has slowed down markedly since the 14th general election in May last year, but the situation is so dire that certain contractors are putting in below cost bids just to keep their staff employed.
China-based Jiangsu Provincial Construction Group to build affordable homes in Malaysia
KUALA LUMPUR (Nov 23): China-based construction firm Jiangsu Provincial Construction Group Co Ltd (JPC) is working with a local company and a co-operative to construct up to a million affordable homes in Malaysia, The Star reported today.
MGB delivers IBS-built homes half a year earlier
PETALING JAYA (Oct 22): Industrialised Building System (IBS) precast manufacturer MGB Bhd has successfully delivered IBS-built homes in LBS Alam Perdana, a township development in Puncak Alam, Selangor by LBS Bina Group Bhd, half a year earlier than scheduled.
Moving forward with the Industrialised Building System
The Industrialised Building System (IBS) has proven to be safer, quicker, more cost-effective and yields more consistent construction quality compared with conventional means.
S P Setia receives award for highest IBS score in Malaysia
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.
