Bursa approves Perak Corp’s regularisation plan to lift PN17 status
The regularisation plan, outlined by Perak Corp in February last year, consist of a capital reduction, a joint development project, RM89.
Iconic Group opens Marriott-branded hotel in Penang ahead of Visit Malaysia 2026
KUALA LUMPUR (Jan 19): Iconic Penang Sdn Bhd has officially opened the Iconic Marjorie Penang, a Tribute Portfolio Hotel by Marriott International, in a move to capture increased tourist arrivals ahead of the Visit Malaysia 2026 campaign.
MN Holdings bags data centre substation contracts worth RM123m
KUALA LUMPUR (Jan 16): MN Holdings Bhd (KL:MNHLDG) said it has secured four contracts worth a combined RM122.
Binastra bags largest-ever contract worth RM1.2 bil for Exsim’s JB Causewayz Square project
KUALA LUMPUR (Jan 16): Binastra Corporation Bhd (KL:BNASTRA) has secured its largest contract to date, following the acceptance of two letters of award worth a combined RM1.
After axing affordable housing projects, Vestland lands two new construction jobs worth RM602 mil
KUALA LUMPUR (Jan 16): Vestland Bhd (KL:VLB), which recently terminated three Selangor affordable housing contracts worth about RM551 million, on Friday said it has secured two new construction contracts totalling RM602 million.
HLIB sees robust construction job flows this year
KUALA LUMPUR (Jan 16): The construction sector is expected to see robust job flows in 2026, amid healthy contract flows anchored by infrastructure projects and sustained data centre roll-outs, according to Hong Leong Investment Bank Bhd (HLIB).
TRC Synergy clinches RM249 mil construction job in Putrajaya
KUALA LUMPUR (Jan 14): Construction outfit TRC Synergy Bhd (KL:TRC) has secured a RM249 million contract to build new complex buildings in Precint 5, Putrajaya.
Penang residential project Jesselton Courtyard to launch for sale in Singapore, prices from RM2.96 mil
SINGAPORE (Jan 14): Jesselton Courtyard, a freehold residential development in Penang will be launched for sale to Singapore buyers at an event hosted by Savills Singapore during the weekend of Jan 17 and 18.
Malaysia’s construction sector set for steady growth through 2029, says Linesight
KUALA LUMPUR (Jan 14): Malaysia’s construction industry is expected to expand at an average annual rate of 4% between 2026 and 2029, supported by sustained public and private investment in housing, oil and gas supply chains, and digital infrastructure, according to the latest Construction Market Insights report by Linesight.
Analysts see Sunway’s IJM deal boosting credibility, reducing holding company discount
KUALA LUMPUR (Jan 13): Analysts are generally positive on Sunway Bhd’s (KL:SUNWAY) RM11 billion takeover of IJM Corporation Bhd (KL:IJM), citing earnings growth and diversification into infrastructure, though some question the offer price.
