MRCB profit holds steady at RM73.2m PBT as new project wins offset 27% revenue drop from LRT3 taper
PETALING JAYA (April 21): Malaysian Resources Corp Bhd (MRCB) recorded a group revenue of RM1.
Zelan's proposed scheme of arrangement receives 100% creditor approval at court-convened meeting
KUALA LUMPUR (April 21): Zelan Bhd — an engineering and construction conglomerate with a track record spanning power plants, ports, airports and high-rise buildings across Malaysia and the Middle East — said it had secured unanimous creditor approval for its proposed scheme of arrangement, with 100% in value of creditors present and voting at a court-convened meeting approving the scheme.
Mudajaya wins appeal, court raises compensation to RM72.2 mil in fund misappropriation case
KUALA LUMPUR (April 20): Mudajaya Group Bhd (KL:MUDAJYA) has secured a favourable ruling from the Court of Appeal in its fund misappropriation case against former employee Michael Chua Khian Keng, with compensation increased to RM72.
SGX-listed InnoTek commits RM16 mil to new Melaka facility to strengthen Southeast Asia presence
KUALA LUMPUR (April 17): SGX Mainboard-listed InnoTek Ltd has committed S$5 million (RM15.
SunCon bags RM1.75 bil contract to build hyperscale data centre in Bandar Serendah, Selangor
PETALING JAYA (April 17): Sunway Construction Group Bhd (SunCon) has secured a RM1.
Gamuda bags RM1.72 bil contract to build hyperscale data centre in Port Dickson
PETALING JAYA (April 17): Gamuda Bhd's wholly-owned subsidiary Gamuda Engineering Sdn Bhd (GESB) has been awarded a RM1.
Gadang sinks into the red in 3Q as construction and property divisions record lower revenue
KUALA LUMPUR (April 17): Gadang Holdings Bhd (KL:GADANG) has posted a net loss of RM10.
MGB wins RM35m contract to build residential villas in Saudi Arabia
KUALA LUMPUR (April 16): Construction firm MGB Bhd (KL:MGB) has bagged a RM34.
Tuju Setia bags RM359 mil Sime Darby Property contract for Ara Damansara residences
PETALING JAYA (April 15): Tuju Setia Bhd (Tuju Setia) has secured a RM359.
CIDB, DOSM assess impact of rising building costs amid West Asia conflict
PUTRAJAYA (April 15): The Construction Industry Development Board (CIDB) is collaborating with the Department of Statistics Malaysia (DOSM) to assess the actual impact of rising building material costs following the West Asia conflict on the local construction sector, said Deputy Works Minister Datuk Seri Dr Ahmad Maslan.
