Construction stocks on Bursa have room to grow as current valuations unjustified, say analysts
According to RHB, the sector recorded a high amount of RM159 billion of work done in CY2024, a 20% year-on-year increase.
EcoWorld sells industrial land in Johor for RM119m to Chinese company
The land is located at Eco Business Park II in Senai, Iskandar Malaysia.
Paramount Corp to continue monetising RM750m in non-core assets to boost returns
“There’s a lot of effort going into monetising the three campuses, the hotel and the office.
Paramount eyes RM400m land deals in 2025
“But we are now re-studying whether we could do a whole redevelopment.
Nestcon to diversify into property development as it jointly undertakes apartment job in PJ
The company is seeking its shareholders’ approval for the proposed business diversification, as the property development is expected to contribute at least 25% to its net profits and net assets in the future.
WCT gets nod from SC for Paradigm REIT listing
The initial property portfolio includes the Bukit Tinggi Shopping Centre, which will be acquired from Gemilang Waras Sdn Bhd, a wholly-owned unit of WCT, for RM680 million, with RM350 million settled in units and RM330 million in cash.
UEM Edgenta secures RM40.4m traffic management contract from chairman-linked company
Under the contract, EPB is to provide traffic management plan and control services for sections one and two of the Kuala Lumpur-Karak Highway for four years, starting Monday until March 2, 2029.
Matrix Concepts partners X Park to launch extreme sports park in Kluang
X Park Bandar Seri Impian will feature a range of extreme sports and leisure activities, including a go-kart track, ATV rides, a golf driving range, badminton and pickleball courts, rock climbing, archery, cafés and pro shops.
Inta Bina clinches RM181m mixed development construction contract
The contract, awarded by Eco Sanctuary Sdn Bhd, covers phases one to four of the proposed Seruma Integrated Development at Eco Santuari, according to a bourse filing.
Lim Seong Hai launches ACE Market IPO prospectus, seeks to raise up to RM168m
The IPO, priced at 88 sen per share, comprises 132 million new shares and an offer for sale of 59 million existing shares, according to the prospectus released on Friday.
