Construction stocks slip further as investors continue to cut exposure to M'sian data centre plays
The Bursa Malaysia Construction Index, which tracks 50 stocks in the sector, fell to a fresh three-month low of 263.
Construction to see another decent year after record domestic contracts in 2024 — HLIB
Looking ahead, HLIB expects further sectoral growth in 2025, with major projects such as the RM8.
Construction stocks extend decline sharply as SunCon falls over 10%
The Bursa Malaysia Construction Index, which tracks 50 stocks in the sector, was down to its lowest in more than three months.
Bintai Kinden gets approval for regularisation plan, confident measures will help exit PN17
Bintai fell into the PN17 status after its external auditors flagged the company’s ability to stay as a going concern — an accounting parlance that casts doubt on an organisation’s resources and income to stay afloat — in the financial statements for the financial year ended March 2023.
AZRB redesignates MD Wan Zakariah as executive vice-chairman after over three years of vacancy
“The board is confident in Wan Zakariah’s ability to fulfill this role, given his extensive experience and leadership as the group managing director,” the company said.
Gamuda in the running for second, third Penang LRT work packages, say analysts
Gamuda is on track to reach the RM40 billion to RM45 billion target by the end of 2025, the research house noted.
Gamuda gets first package worth over RM8 bil of Penang LRT project
Once the notice to proceed is issued, Gamuda will have six years to complete the contract.
Ho Hup gets another winding-up petition over alleged outstanding payment
The latest winding-up petition was filed by Negeri Sembilan Cement Industries Sdn Bhd (NSCI) against Ho Hup and its 90%-owned subsidiary, Tru-Mix Concrete Sdn Bhd.
Gamuda share price could trade over RM8 if market value catches up with orderbook — CGS
That means Gamuda should be valued at RM8.
