Absence of new infrastructure projects a dampener on construction sector, says RHB Research
Meanwhile, the potential reduction in project cost for the MRT3, from RM50.
Meanwhile, the potential reduction in project cost for the MRT3, from RM50.
The most notable jump was recorded by the group’s property development segment, whose revenue leapt 140.
“With a strong pipeline of projects that are rightly designed for the current market conditions and targeting the right buyer segment, we are confident to achieve our sales target of RM 2.
Revenue for the construction segment rose 22.
MM2H consultant, Gary Crestejo: For participants from developed countries, West Malaysia is still a closer match over East Malaysia as the lifestyles of cities like Kuala Lumpur and Penang are more similar to their hometowns, which will be easier to adapt Sunway University economist Dr Yeah Kim Leng said the initiative is laudable as it gives Sabah an edge to attract more MM2H applicants, where a greater number of investors and rich retirees will help to boost the economy.
This brings the full FY2022 DPU to 9.
Prominent tenants are The Body Shop, Muji, L’OCCITANE, Starbucks Coffee, Roche (Malaysia), Accenture Technology Solutions, and Sunway Hotels.
The group's wholly-owned unit, Sunway Construction Sdn Bhd, received the letter of award from Gopeng Bhd's subsidiary GBS Suria Sdn Bhd, said SunCon in a bourse filing.
The proposal comes as the 10-year master lease agreement that commenced on Dec 31, 2012 is set to expire on Dec 30 this year.
The agreement sets out the framework for negotiations and discussions between the parties to establish the detailed terms and conditions about the contractor's performance in design, engineering, procurement, manufacture, supply, construction, erection, testing and commissioning of the electric generation facility.