Construction stocks on Bursa have room to grow as current valuations unjustified, say analysts
According to RHB, the sector recorded a high amount of RM159 billion of work done in CY2024, a 20% year-on-year increase.
Nestcon to diversify into property development as it jointly undertakes apartment job in PJ
The company is seeking its shareholders’ approval for the proposed business diversification, as the property development is expected to contribute at least 25% to its net profits and net assets in the future.
UEM Edgenta secures RM40.4m traffic management contract from chairman-linked company
Under the contract, EPB is to provide traffic management plan and control services for sections one and two of the Kuala Lumpur-Karak Highway for four years, starting Monday until March 2, 2029.
Inta Bina clinches RM181m mixed development construction contract
The contract, awarded by Eco Sanctuary Sdn Bhd, covers phases one to four of the proposed Seruma Integrated Development at Eco Santuari, according to a bourse filing.
Lim Seong Hai launches ACE Market IPO prospectus, seeks to raise up to RM168m
The IPO, priced at 88 sen per share, comprises 132 million new shares and an offer for sale of 59 million existing shares, according to the prospectus released on Friday.
Kerjaya Prospek records 21% jump in 4Q net profit, declares three sen dividend
On the property development segment, Kerjaya said development projects have contributed positively to the group's results.
MRCB wins RM2.47b LRT3 reinstatement project, sees earnings contract in FY2024
The scope of work includes the construction of five reinstated stations along the LRT3 line, the construction of two electric vehicle bus depots in Shah Alam and Johan Setia, the supply of light rail vehicles as well as construction-related infrastructure and system works.
ICW and BuildXpo 2025 aims to unite industry leaders, strengthen regional ties
CIDB Malaysia chairman Yusuf Abd Wahab said that the ICW and BuildXpo 2025 will unite industry leaders to explore cutting-edge solutions and strengthen regional ties while expanding opportunities for Malaysian construction firms to compete and thrive in global and emerging markets.
Citaglobal’s 4Q net profit soars, declares one sen dividend
As of Dec 31, the group's outstanding order book was RM1.
Works Ministry awards RM848m contracts for roads, bridges in five states
All projects will integrate Building Information Modeling as part of the National Construction Policy 2030, aimed at improving efficiency, asset management, and cost control.
