YTL Cement to acquire 81% stake in Singapore firm for RM792 mil for IBS expansion
YTL Cement is buying the stake, comprising 303.
Axis REIT's NPI up 12.9%, declares 2.25 sen income distribution
Revenue for the quarter ended June 30, 2024, rose 11.
Varia bags subcontract worth RM555m, sending shares to near eight-month high
“This project not only strengthens our order book, but also aligns with our commitment to environmental, social, and governance principles.
JCorp’s FY2023 profit up 9% to RM2.4b on revenue of RM6.2b
JCorp said it was capitalising on the growing data centre and renewable energy sectors in Johor, actively pursuing opportunities across the value chain through its subsidiary, JLand Group.
Grand Central Enterprises gets delisting proposal, exit offer at 46 sen per share
The upcoming performance and earnings visibility would remain “tough moving forward,” they said, adding that the delisting would also cut costs and savings would be ploughed back into refurbishment of the hotels.
Eversendai seals Abu Dhabi-based partner to supply steel beams for Trojena Ski Village project
The outdoor Trojena Ski Village, which is being developed to host the Asian Winter Games in 2029, is part of a series of Saudi state-endorsed construction projects dubbed NEOM.
Ingenieur Gudang reports higher 2Q profit on disposal gain, higher construction revenue
Revenue for the quarter more than doubled to RM12.
Trading of securities in Grand Central Enterprises to be halted next Monday, pending announcement
The group is principally engaged in hotels and service apartments, the provision of limousine services and hotel management.
Building Industry Presidents’ Council reinforces objection to HRD Corp’s mandatory levy collection
The Building Industry Presidents’ Council had previously written to the Ministry of Human Resources, the Ministry of Works and the Ministry of Housing and Local Government in 2021, objecting to the ruling on the expansion of the Human Resources Development Fund (PSMB) Act 2001 (Act 612), which included the construction industry with effect from March 1, 2021.
Haily Group shares soar to new record high following contract win
Year-to-date, the counter has gained over 91%, tracking a broad rally in the construction sector largely fuelled by optimism about the government's rollout of major infrastructure projects and contract awards in the private sector.
