Malaysia's construction activity rises for fifth straight quarter; but seen slowing in 2Q2023
“The increment (in 2Q2023 construction value) was supported by double-digit growth in the civil engineering sub-sector, which grew by 10.
“The increment (in 2Q2023 construction value) was supported by double-digit growth in the civil engineering sub-sector, which grew by 10.
The contract is for all the works under a project known as Jalan Kampung Medong/Lebrasau/Kampung Klid, Daerah Dalat, Bahagian Mukah, under a sub-contract agreement with Tokoh Ilham Sdn Bhd.
In a note on Thursday (July 27), the research house said IGB REIT recorded core net profit of RM177.
Liew said the roadmap will include policies and pathways to assist the iron and steel sector to commence the transition towards reducing its carbon footprint.
The REIT announced an interim income distribution of 3.
Titijaya Land ’s primary business is property development, which has been the group’s key revenue contributor for the financial year ended June 30, 2022, contributing RM274.
The project will feature a 40-storey apartment building with 422 units, a multi-story carpark, two TNB substations, a multipurpose hall, a guardhouse, a management office, a kindergarten, a mortuary management room and an open area.
RHB’s Loong Kok Wen said she expects its investment properties to drive earnings slightly in the coming quarters, premised on higher occupancy rates.
“Malaysia offers a diverse and vibrant pool of talents and we want to be a part of elevating the arts and culture scene,” said Datuk Zaini Yusoff, executive vice-president of S P Setia.
The metrics include the total renewable energy in MWh generated by all solar photovoltaic systems in the REIT’s properties, and the weighted average building energy intensity measured in kWh per square metre of the building’s gross floor area per year.