News about construction

The project is expected to commence on February 24, with completion on September 25.

The approval from Bursa Malaysia comes at a time when “we are ready to take advantage of the vast development opportunities in Malaysia’s construction industry especially in Sarawak”, the construction firm said in a statement.

KSSC is a one-stop manufacturer and trader for a wide range of stainless steel industrial hardware including tubes, pipes, sheets, flat bar, fasteners and marine hardware such as polypropylene ropes and propellers.

The petition, filed by Sunrise Model on July 17, 2024, stemmed from a RM1.

Data centre-related contracts account for about 15% of IJM’s RM6 billion outstanding order book SHAH ALAM (Feb 13): Data centre jobs in Malaysia appear intact despite the US’ attempt to curb exports of advanced chips thanks to strong demand for digital infrastructure, said IJM Corporation Bhd (KL:IJM).

Binastra said this contract represents its first accomplishment for the new financial year ending Jan 31, 2026 (FY2026).

The business will provide IJM Corp with recurring income once operations commence in the first quarter of 2027, said its chief executive officer Datuk Lee Chun Fai.

Additionally, SCIB is seeking a court order to compel Awana to discharge SCIB as the corporate guarantor for the loan facility within 30 days from the date of judgment.

The contract is deemed a related-party transaction as Casa Inspirasi is an indirect subsidiary of LBS Bina, while LBS Bina's group executive chairman and largest shareholder Tan Sri Lim Hock San is also MGB’s group executive chairman.

The contract was awarded to its wholly owned unit Kitacon Sdn Bhd by Sime Darby Property (BBR3 Asset 1) Sdn Bhd, a wholly owned subsidiary of Sime Darby Property Bhd (KL:SIMEPROP).