Record year forecast for construction sector despite property slowdown
Construction sector Maintain overweight: The final leg of Vision 2020.
Construction sector Maintain overweight: The final leg of Vision 2020.
KUALA LUMPUR (Jan 10): The property and construction industries will see strong earnings but slow growth in 2016, said Chinese Metaphysics consultant Dato Joey Yap (pictured).
KUALA LUMPUR (Dec 31): Ho Hup Construction Co Bhd has gained entry into the granite quarrying business, via the acquisition of a company with quarrying rights, for RM2 million cash.
KUALA LUMPUR (Dec 29): 1Malaysia Development Bhd (1MDB) is near to sealing an agreement with a prospective partner to sell 60% of its shares in Bandar Malaysia Sdn Bhd before the year ends.
KUALA LUMPUR (Dec 21): There is no foreseeable short-term impact on the construction sector from the depreciation of the ringgit as most construction materials such as cement and steel are manufactured in Malaysia, the national builders group said.
KUALA LUMPUR (Dec 15): Bina Darulaman Bhd (BDB) plans to develop a 46.
Cement sector Maintain neutral: The sector is expected to witness a stagnant growth especially in the supply of premix cement and ordinary Portland cement.
Following the success of The Zest @ Kinrara 9, which won The Edge Malaysia-PEPS Value Creation Excellence Award in 2013, developer Trinity Group Sdn Bhd has come up with another winning project in Z Residence, which earned a merit award in the residential category.