News about construction

KUALA LUMPUR (May 26): UEM Sunrise Bhd chief executive officer Sufian Abdullah said on Thursday that the hike in construction cost is not eroding the group's profitability for the financial year ended Dec 31, 2022 (FY22).

KUALA LUMPUR (May 26): Sunway Construction Group Bhd’s (SunCon) net profit for the first quarter ended March 31, 2022 (1QFY22) jumped 70.

KUALA LUMPUR (May 25): Malaysia Pacific Corporation Bhd (MPCB) and Real Trend Development Sdn Bhd (RTDSB) have signed a Memorandum of Understanding (MoU) to jointly develop Johor Affordable Housing scheme, or Rumah Mampu Milik Johor (RMMJ), under the state's housing policy with a gross development value of RM85.

KUALA LUMPUR (May 23): Tun Razak Exchange’s (TRX) infrastructure is now 99 per cent completed, with the remaining one per cent nearing completion, master developer of the financial district TRX City Sdn Bhd said.

KUALA LUMPUR (May 11): Construction outfit Nestcon Bhd has received a letter of award (LoA) for a job worth RM85 million to design and build an integrated offsite scheduled wastes recovery facility in Kerteh, Terengganu.

KUALA LUMPUR (May 11): The Building Material Cost Index (BCI) without steel bars and with steel bars has increased for all building categories between 0.

KUALA LUMPUR (May 11): The value of construction work done in the first quarter (Q1) of 2022 contracted 6.

KUALA LUMPUR (May 6): ES Ceramic Technology Bhd, a maker of hand formers for rubber glove producers, has proposed to acquire Evermix Concrete Sdn Bhd for RM83 million in a bid to diversify into the manufacturing and trading of construction materials.

KUALA LUMPUR (April 28): Foo Ming Li, executive chairman of Top Builders Capital Bhd, formerly Ikhmas Jaya Group Bhd, has been redesignated as group chief executive officer of the piling and engineering group.

KUALA LUMPUR (April 21): Integrated construction engineering group Vizione Holdings Bhd, in a joint venture with Permata Rebana Sdn Bhd, has bagged an RM654 million project from Pertubuhan Keselamatan Sosial (Perkeso) to build Phase 1 of the latter’s national robotics and cybernetics rehabilitation centre in Bandar Meru Raya, Perak.