News about construction

PETALING JAYA (June 6): Infraharta Holdings Bhd's efforts to enforce an adjudication award and costs totalling RM4.

PETALING JAYA (May 29): YTL Corp Bhd recorded higher revenue for the third quarter ended March 31, 2026 (3QFY2026), supported by stronger contributions from its property, construction and selected infrastructure-related operations, although overall earnings were weighed down by softer performance in several other business segments.

KUALA LUMPUR (May 29): IJM Corp Bhd closed its financial year ended March 31, 2026 (FY2026) with higher revenue and a stronger construction and industry pipeline, even as sizeable non‑cash items dragged its fourth‑quarter bottom line into the red.

PETALING JAYA (May 27): JAKS Resources Bhd started its financial year ending Dec 31, 2026 with higher contributions from its Vietnam power joint venture (JV) cushioning weaker results from property investment and construction-related activities.

PETALING JAYA (May 27): LBS Bina Group Bhd opened its financial year ending Dec 31, 2026 with a steady first quarter, supported by its Klang Valley township projects and a sharper turnaround in construction and trading.

PETALING JAYA (May 27): Sunway Bhd’s first quarter was led by a sharp rebound in property development and resilient construction earnings, with other divisions adding breadth beneath a one-off boost from the listing of its healthcare arm.

PETALING JAYA (May 26): Cahya Mata Sarawak Bhd posted higher revenue and profit before tax for its first quarter ended March 31, driven by stronger infrastructure activity in Sarawak, which boosted its cement and construction materials businesses, alongside higher property development contributions supported by construction progress on the RM550 million Borneo Convention Centre Kuching 2 (BCCK2) contract.

KUALA LUMPUR (May 22): Kerjaya Prospek Group Bhd (KL:KERJAYA) remains unfazed by a tougher construction environment and rising building material costs following the Middle East conflict, saying it is well-positioned to navigate the volatility due to its experience and disciplined pricing strategy.

KUALA LUMPUR (May 21): Kerjaya Prospek Group Bhd (KL:KERJAYA) reported a 24% rise in first-quarter net profit from a year earlier as higher property sales offset lower construction billings.

PETALING JAYA (May 20): The Housing and Local Government Ministry (KPKT) has announced the continuation and expansion of the Rahmah Cement Scheme under the 13th Malaysia Plan (RMK13), offering subsidised cement at up to 31.