Construction sector on track for best year since 2016 — RHB
According to RHB in a note, the sector recorded RM183.
Binastra wins RM328m building contract for Bukit Jalil serviced apartment
The company said the contract will commence on Dec 9, 2024, and construction works are to be completed within 42 months.
Encorp fires CEO after internal probe linked to MACC charge
According to an MACC source, the suspects were being investigated for irregularities in construction and mining projects valued at about RM80 million.
Jeffrey Cheah, private vehicle offload 100m shares in Sunway for RM485m
Cheah now holds a combined 54.
CapitaLand Malaysia Trust acquires automated logistics property for RM180m
This acquisition brings CLMT’s portfolio to 11 properties, increasing the proportion of logistics and industrial assets to 6% from 3% of its total portfolio under management.
MRT Corp begins tender process for Penang LRT contractor
In a tender notice on Monday, MRT Corp said it is seeking to appoint turnkey contractors for the engineering, procurement, construction, commissioning and maintenance of the Penang LRT project.
Sabah-based IBS system maker Colform gets Bursa nod for ACE Market listing
Managing director Kang Ket Hung said that the ACE Market listing not only signifies a new chapter for Colform, but also aligns with its vision to become a leading steel solutions provider across Malaysia.
Citaglobal firms up collaboration to develop eco-friendly industrial park, proposes one-for-five bonus warrants
The industrial park is estimated to have a gross development value (GDV) of between RM321 million and RM397 million, according to Citaglobal.
NCT Alliance’s 3Q net profit down 36% on land cost adjustment
The decrease in its profit before tax to RM4.
Penang Development Corp rejects RM818m bid by IJM-led consortium to develop Batu Kawan Industrial Park — report
“It was also RM179 million higher than a previously cancelled direct deal.
