Pestech denies unit's insolvency, says problem lies with Gemas-JB project’s cash flow
Pestech added that during this two-year extension period, PTech received no loss or expense payments for the contract prolongation.
GUH Holdings reaches out-of-court settlement with JAKS joint venture
GUH said it agreed to the out-of-court settlement, as continuing the legal dispute is costly and time-consuming.
LFE’s wholly owned unit to take over main building works of Damansara project from 51%-owned Cosmo
The entire contract was originally valued at RM90 million and awarded to Cosmo in November 2021.
Haily clinches RM53m residential construction project in Johor Bahru
Other major contracts bagged by the group this year include a RM37.
SunCon receives RM253m refurbishment contract from Sunway REIT
SunCon said the project is expected to contribute positively to the earnings of the group for the financial year ending Dec 31, 2023 onwards.
90% respondents say ESG considerations shape corporate real estate strategies – Knight Frank survey
More than 50% of respondents are taking tangible steps towards ESG integration, either by establishing ESG plans or net-zero carbon targets.
The REAL deal: Social housing in danger of becoming slums
A home is not just a brick-and-mortar product that offers shelter.
Upcoming state polls could impact near-term construction job flows, says HLIB
It said near-term job flows could be affected by the coming state elections while the highly anticipated the MRT3 project continues to see near-term delays.
MK Land says it has valid grounds to set aside Crest Builder’s arbitration award
The dispute started when Saujana claimed that CBSB, which it employed as a main contractor for a project in 2011, failed to complete the job.
Outcome of MM2H review to be known in two months
Tourism, Arts and Culture Minister Datuk Seri Tiong King Sing said it would take one or two months to obtain approval from the various ministries before the latest conditions on MM2H applicants could be finalised.
