TRC Synergy clinches RM249 mil construction job in Putrajaya
KUALA LUMPUR (Jan 14): Construction outfit TRC Synergy Bhd (KL:TRC) has secured a RM249 million contract to build new complex buildings in Precint 5, Putrajaya.
KUALA LUMPUR (Jan 14): Construction outfit TRC Synergy Bhd (KL:TRC) has secured a RM249 million contract to build new complex buildings in Precint 5, Putrajaya.
KUALA LUMPUR (Jan 14): Malaysia’s construction industry is expected to expand at an average annual rate of 4% between 2026 and 2029, supported by sustained public and private investment in housing, oil and gas supply chains, and digital infrastructure, according to the latest Construction Market Insights report by Linesight.
KUALA LUMPUR (Jan 13): Analysts are generally positive on Sunway Bhd’s (KL:SUNWAY) RM11 billion takeover of IJM Corporation Bhd (KL:IJM), citing earnings growth and diversification into infrastructure, though some question the offer price.
KUALA LUMPUR (Jan 12): Building costs rose in December 2025, driven by higher cement and sand prices, data from the Department of Statistics Malaysia (DOSM) showed.
Prime Minister Datuk Seri Anwar Ibrahim, who is also finance minister, said the move would be considered should price hikes by industry players continue to exert pressure on development costs and the cost of living.
The private sector remains a key driver for the non-residential category specifically within data centre (DC) job flows, which grew by 6% to reach RM159.
“His track record includes driving sales growth, strengthening customer relationships and improving operational efficiency.
The construction group said the contract was awarded to its wholly owned subsidiary Trans Resources Corp Sdn Bhd.
The firm, CNECC Engineering (Malaysia) Sdn Bhd (CEMSB), is engaged in building construction and project management, with its ultimate parent company being China Nuclear Industry HuaXing Construction Company Ltd.
In a filing with Bursa Malaysia, the engineering and construction services provider said the contracts were awarded by Permas Jaya Sdn Bhd, Melia Spring Sdn Bhd and CJ Developments Sdn Bhd.