News about construction

KTISB will pay for the complex construction and, in return get the 65 acres as payment.

Sunway Construction retains the discretion to postpone or defer the project, or any portion of it, by up to six months.

This marks IJM Construction’s fourth data centre project in Johor.

The contract, awarded by CI Medini Sdn Bhd, will be carried out in two phases, said the company in a bourse filing.

Revenue could hit a new record high of nearly RM800 million this year from working on Metrohub 4 in Klang, Logistics Hub Plot B in Shah Alam, and KL International Hospital in Bukit Jalil out of total jobs on hand worth RM1.

As at end-March, Inta Bina’s unbilled order book stood at RM1.

Ongoing dispute surrounding a 300m stretch of land legally acquired by the government is preventing full connection of the highway.

There would be a slew of contract awards in the next six- to 12 months, and positive headlines from the upcoming Budget 2026 to be tabled in Parliament in October, the research house noted.

The group said its securities will be traded and quoted under the new name, with stock codes remaining unchanged, according to its filing with Bursa Malaysia.

Forbes Asia specifically highlighted that the renewable energy, electric vehicle and data centre companies had benefited from the boost in momentum in their industries.