Ahmad Zaki swings to RM49.7m pre-tax loss in 18-month FPE 2025
PETALING JAYA (May 1): Ahmad Zaki Resources Bhd (AZRB) posted a loss before tax (LBT) of RM49.
ICW Borneo returns to Kota Kinabalu with focus on sustainability and digitalisation
PETALING JAYA (May 1): The International Construction Week (ICW) Borneo is returning for its second edition on May 12 and 13 in Kota Kinabalu, Sabah, with a technical site visit on May 13.
Pesona Metro posts strongest year on record as property arm delivers full-year earnings punch, eyes RM500m in new construction contracts for FY2026
PETALING JAYA (May 1): Construction and property group Pesona Metro Holdings Bhd has delivered its strongest financial performance in recent years, with group revenue surging 38% to RM705.
Ekovest abandons RM310m RTS Link land deal after more than two years of negotiations
PETALING JAYA (April 28): Ekovest Bhd has called off its proposed RM310 million acquisition of four parcels of land along the Johor Bahru (JB)–Singapore Rapid Transit System (RTS) Link alignment, after the binding term sheets lapsed on their final extension deadline on Monday — more than two and a half years after the deal was first announced.
PRG's construction arm takes 12 Picasso Residence units to partially recover RM37 mil debt
PETALING JAYA (April 24): PRG Holdings Bhd's construction subsidiary has agreed to accept 12 condominium units at Picasso Residence along Jalan Jelatek, Kuala Lumpur, as partial settlement of a RM37.
Wawasan Dengkil wins RM22.7 mil PKNS contract to build 56 single-storey homes in Sepang
PETALING JAYA (April 23): ACE Market-listed Wawasan Dengkil Holdings Bhd has secured a RM22.
IJM Corp aims to list construction business by 2027, says Kenanga
KUALA LUMPUR (April 23): Fresh from staving off a takeover, IJM Corporation Bhd (KL:IJM) is now aiming to list its mainstay construction business before the end of 2027.
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.
