Kim Hin announces trading suspension pending announcement
Kim Hin has been in the red since the financial year ended Dec 31, 2018.
Kim Hin has been in the red since the financial year ended Dec 31, 2018.
Tengku Sulaiman, 69, was appointed as executive chairman in February 2003, before being re-designated as non-executive chairman in March 2005.
“We expect the group’s performance to catch up in the final quarter, which has historically been its strongest.
The scope includes the design and build of underpinning and structural strengthening works, and the demolition and reconstruction of a ramp and associated works.
The group's domestic operations have gained significant momentum, with orders now contributing 41% of the overall RM35 billion construction order book, up from 28% last year.
The project, located at Lot 104295, Jalan Tiara in Taman Mutiara Bukit Jalil, was awarded by Sunway Flora Sdn Bhd.
In a filing with Bursa Malaysia on Thursday, the civil engineering group said its wholly owned subsidiary, Advancecon Infra Sdn Bhd, is seeking RM15.
The research firm, which noted that the sector had just reported a set of steady results for the first quarter, is expecting the pace of job awards to gather momentum ahead of the 13th Malaysia Plan that is set to be tabled in July.
The research firm said order book visibility is also improving, supported by the gradual roll-out of big-ticket public projects and the potential award of up to six large-scale data centre facilities, each estimated to be worth around RM2 billion, over the next two to three quarters.
REHDA Institute and GreenRE will be investing RM100,000 to sponsor key students and academics from over 10 Malaysian universities to nurture a new generation of leaders in sustainability and green development.