News about construction

The development will comprise production facilities, office space, a two-storey car park, a mechanical and electrical room, a rooftop canteen and other ancillary facilities.

The property development segment reported a revenue of RM380.

The wholly owned unit, Kerjaya Prospek (M) Sdn Bhd, received and accepted the letter of award from Pixel Valley, which is fully owned by Kerjaya Prospek Property Bhd (KPPB), in which certain directors and shareholders hold direct and indirect interest.

The JC ruled there was a lack of good faith in the filing of the JM and that there was no reasonable plan of rehabilitation of Maju Holdings to restructure.

Under the agreement, VC is granted the right to develop the land, with the project encompassing office and commercial spaces.

This is Crest Builder’s fourth contract to date from ParkCity Group.

The strong quarterly performance also boosted its nine-month results to a record high, with net profit more than doubling to RM243.

The company said the contract, awarded to its wholly-owned subsidiary Pekat E & LP Sdn Bhd, covers the construction, testing, commissioning and operational setup of earthing and lightning protection systems across multiple areas, including data halls, mechanical and electrical yards, and the offshore development centre hub.

With the latest jobs win, Haily’s cumulative secured contracts for the year is estimated to have risen to RM345.

It brings the group’s total contract wins year-to-date to approximately RM810.