UEM Edgenta names Shaiful Zahrin Subhan as its new chief
Shaiful succeeds Syahrunizam Samsudin, who resigned at the end of August to take the helm of independent power producer Malakoff Corp Bhd.
MBAM hails govt’s SST response as step forward for industry
Effective July 1, 2025, the measures include a one-year exemption for non-reviewable contracts, separation of taxable service and non-taxable material components in mixed contracts, and exemption for residential portions in mixed developments.
EcoFirst's 1Q profit soars over 11 times; plans project adjustments to counter SST impact
The improved earnings were attributed to accelerated progress billing for the KL 48 project, as well as lower administration expenses and finance costs.
Penang LRT rolling stock contractor to be appointed by year-end, says Loke
An open tender for the second main civil works package (CMC2)—which covers the alignment from Macallum to Penang Sentral, including a bridge across the Penang Strait—will be launched soon.
MGB bags RM118.5m contract for affordable apartments
The job involves building the superstructure for a 45-storey apartment block, a seven-storey car park and amenities floors, and a guardhouse.
IJM Corp could win another contract from Elmina data centre project, analysts flag
Last Friday, the construction company announced that it has secured a RM1.
Builders say crackdown on overloaded lorries could delay projects across country
In a joint statement, Master Builders Association Malaysia (MBAM), Persatuan Kontraktor Bumiputra Malaysia (PKBM) and Persatuan Kontraktor India Malaysia (PKIM) said the sudden enforcement, introduced without a transition period, risks paralysing the construction sector.
Ho Hup’s Low family ceases to be substantial shareholder
This came after the Low family vehicle, Low Chee Group Sdn Bhd, disposed of its entire 22.
Sime Darby Property awards RM1.26b contract to IJM for hyperscale data centre at Elmina Business Park
The contract award marks the main construction phase for the hyperscale data centre, which Sime Darby Property previously secured through a long-term build-and-lease agreement announced in December 2024 with Pearl Computing Malaysia Sdn Bhd.
Mudajaya secures promised properties as payment from disputed KL project
The properties comprised 25 units of residential apartments, 5 units of commercial shops, 142 units of offices, 284 units of carpark and 99 units of motorcycle parking spaces.
