News about construction

KUALA LUMPUR (Dec 11): SkyWorld Development Group has established its first RM1 billion Islamic bond or sukuk scheme to finance the property developer's projects.

SHAH ALAM (Dec 7): Local contractors may face cost pressures from a tightening supply chain in the years to come, according to Gamuda Bhd group managing director Datuk Lin Yun Ling.

KUALA LUMPUR (Dec 5): IJM Corp Bhd announced today its wholly-owned IJM Construction Sdn Bhd has entered into a pre-bid agreement with three companies to participate in the tender for the Kuala Lumpur-Singapore High Speed Rail (HSR) project.

KUALA LUMPUR (Nov 27): Steel and construction firm Eversendai Corp Bhd, which is looking to expand its operational presence in the UK and Australian markets, is anticipating “positive” results in its upcoming third quarter financials, that is due to be released this week.

Sunway Construction Group Bhd (Nov 21, RM2.

KUALA LUMPUR (Nov 21): Apparel retailer Voir Holdings Bhd, which is turning to construction to diversify its earnings by taking up a stake in Consortium Zenith Construction Sdn Bhd, the special purpose vehicle (SPV) that is executing the RM6.

KUALA LUMPUR (Nov 20): Sunway Construction Group Bhd (SunCon), the country's largest pure-play construction group, saw its net profit rise 11.

PETALING JAYA (Nov 21): Perbadanan PR1MA Malaysia (PR1MA) has clarified that not all of the 141,161 PR1MA housing units that are currently under various stages of construction are open for sale.

KUALA LUMPUR (Nov 15): Bina Puri Holdings Bhd is confident of securing RM1 billion of construction and infrastructure jobs in the next six to nine months, as it embarks on initiatives to continuously replenish its orderbook, said its group executive director Datuk Matthew Tee.

KUALA LUMPUR (Nov 14): Sunway Construction Group Bhd (SunCon) said its joint venture (JV) with Taisei Corp of Japan has bagged a RM139.