Construction contract awards for 2Q17

Jul 10

Construction sector Maintain overweight: Domestic contract awards to listed contractors in the second quarter of 2017 (2Q17) amounted to RM4.

Prasarana: Phase 2 of MRT project 99% completed

Jun 29

The construction of Phase 2 of the Mass Rapid Transit (MRT) project is 99% completed and will be operational by next month as scheduled, Bernama reported Prasarana Malaysia Bhd president and group chief executive officer Datuk Seri Azmi Abdul Aziz as saying today.

Higher profit margin lifts SHL 4Q earnings, pays 6 sen dividend

Jun 01

KUALA LUMPUR (June 1): Property developer SHL Consolidated Bhd's net profit in the final quarter of its financial year 2017 grew 6%, boosted by higher profit margin registered in its property development and construction business.

Econpile posts record net profit in 3Q, pays 3 sen dividend

May 26

KUALA LUMPUR (May 26): Econpile Holdings Bhd posted a record net profit for the third financial quarter ended March 31, 2017 (3QFY17), on higher billings recorded coupled with increased overall project order book secured.

Construction industry to grow by 8% this year, says CIDB

Apr 11

KUALA LUMPUR (April 11): The Malaysian construction industry is expected to grow by 8% in volume this year, underpinned by ongoing mega infrastructure projects, Construction Industry Development Board (CIDB) said.

Effective property management dependent on attitude of owners

Apr 08

PETALING JAYA (April 8): A community or strata property can only be managed well if the owners and residents share the right attitude about the importance of their role in managing the property, said DN Homeowners Bhd chairman, Andy Khoo.

Gamuda 2Q profit improves; expects a ‘good’ FY2017

Mar 24

KUALA LUMPUR (March 24): Gamuda Bhd, whose share price hit an all-time high yesterday, reported a 4% growth in net profit in its second financial quarter ended Jan 31, 2017 (2QFY2017) to RM166.