HSL good proxy for booming construction sector in Sabah, Sarawak
Hock Seng Lee Bhd (March 6, RM1.
Hock Seng Lee Bhd (March 6, RM1.
KUALA LUMPUR (March 7): KKB Engineering Bhd has bagged two contracts worth RM100.
KUALA LUMPUR (Feb 24): Sarawak-based property developer Ibraco Bhd's net profit in the fourth quarter ended Dec 31, 2016 (4QFY2016) dropped 80% to RM3.
KUALA LUMPUR (Feb 24): The property prices in East Malaysia is expected to drop in the third quarter or fourth quarter of 2017 if the slowdown in the market persists, said property valuer and estate agency Taylor Hobbs principal consultant Liaw Lam Thye.
SHAH ALAM (Feb 20): Premier lifestyle developer Eco World Development Group Bhd (EcoWorld) is optimistic about the overall property market this year, which it expects to improve, partly anchored by factors that include low interest environment and positive buying sentiment.
KUALA LUMPUR (Feb 13): Shopping malls in Malaysia currently operate in an environment of high operating costs amid lower consumer spending, according to a latest survey by the Malaysia Shopping Malls Association (PPK).
KUALA LUMPUR (Feb 13): Sarawak-based engineering and construction group Hock Seng Lee Bhd (HSL) is all out to cater to the rising demand for affordable housing in the state’s major urban centres, especially Kuching.
KUALA LUMPUR (Jan 23): Sarawak-based property developer Ibraco Bhd, known for its range of upscale residential and commercial property projects, is recalibrating its product portfolio to include more affordable housing.
Construction sector Maintain overweight: According to Construction Industry Development Board statistics, industry contract awards fell 28% quarter-on-quarter (q-o-q) to RM22.