News about building

In a Bursa Malaysia filing on Tuesday, the group said it has secured the 17 months contract from Schneider Electric France.

LBS Bina's second proposal is to provide incentives for the adoption of the industrialised building system (IBS) precast system for developers that incorporate the system into their housing projects, as this can help reduce construction costs and make housing more accessible.

MBSB told Bursa Malaysia on Monday that 1.

"We remain steadfast in our commitment to driving progressive action and being the leading voice in keeping sustainability at the core of real estate.

After the transfer, MBSB will dispose of its five subsidiaries to Emerald Unity, namely MBSB Development Sdn Bhd, Prudent Legacy Sdn Bhd (in liquidation), MBSB Properties Sdn Bhd, 88 Legacy Sdn Bhd, and Definite Pure Sdn Bhd for RM2 each.

The building and engineering products and services promoted include the industrialised building system (IBS), building information modelling (BIM), formwork system, advanced building materials, equipment and machinery and other related construction technologies.

Kenanga is positive on the aluminum sector due to the stable price of the commodity and demand for cable support systems in the near term, but the same cannot be said for the steel sector amid the sluggish property sector, according to its sector note on Thursday KUALA LUMPUR (Sept 14): Kenanga Research kept its “overweight” call on the building material sector after industry players logged slightly improved earnings for the second quarter of 2023 (2QCY2023).

On the other hand, revenue rose 8.

The usage of IBS in Rumah Idaman Cahaya, similar to other Rumah Idaman projects undertaken by MGB, contributes to its affordability due to reduced dependence on labour, an ability to optimise cost as well as increase and maintain the quality of the units.

MBSB is in the midst of acquiring MIDF via a RM1.