News about construction

KUALA LUMPUR (March 19): Binastra Corp Bhd (KL:BNASTRA) is in a favourable position to secure subsequent phases of its recent Subang Sentral contract win, potentially adding RM600 million to RM700 million to its order book due to its position as the main contractor, according to analysts.

KUALA LUMPUR (March 18): Crest Builder Holdings Bhd (KL:CRESBLD) has secured two construction contracts worth a combined RM513 million, lifting its outstanding order book to a record RM2 billion.

KUALA LUMPUR (March 18): Binastra Corporation Bhd (KL:BNASTRA) has been appointed to complete construction of Subang Sentral for RM316 million and revive the long-stalled project in Subang Jaya.

KUALA LUMPUR (March 18): Binastra Corporation Bhd (KL:BNASTRA) is poised to close its financial year 2026 with a "bang", according to RHB Research, who is projecting a sharp 60% to 100% jump in its upcoming fourth-quarter earnings, driven by its strong RM7 billion order book.

KUALA LUMPUR (March 17): Malaysia has appointed eight local and foreign banks to manage East Coast Rail Link’s renminbi loan exposure as the project nears completion.

KUALA LUMPUR (March 17): Advancecon Holdings Bhd (KL:ADVCON) has appointed former inspector general of police (IGP) Tan Sri Razarudin Husain @ Abd Rasid as its new independent, non-executive chairman, with immediate effect.

KUALA LUMPUR (March 17): Malaysia’s flagship East Coast Rail Link (ECRL), a major rail project designed to connect the country’s less-developed east coast states with the Klang Valley economic hub, entered into its testing and commissioning phase following the completion of track construction and key system installations.

KUALA LUMPUR (March 17): Adnex Group Bhd (KL:ADNEX), an interior fit-out firm, said trade uncertainties due to the ongoing geopolitical tensions in the Middle East have not had a significant impact on the company’s operations or the broader industry so far.

KUALA LUMPUR (March 17): Aneka Jaringan Holdings Bhd, a basement and foundation construction specialist, has bagged two letters of awards with a combined value of RM95.

KUALA LUMPUR (March 16): Inta Bina Group Bhd (KL:INTA) has secured a RM49 million contract to build factory buildings in Malaysia Vision Valley 2.