Sunway fails in bid to take over IJM
KUALA LUMPUR (April 6): Sunway Bhd’s (KL:SUNWAY) bid to take over IJM Corp Bhd (KL:IJM) has failed, after it failed to meet the conditional requirement of securing an over 50% stake in the latter.
PTT Synergy enters RM900,000 monthly lease deal; secures RM31.68 million job in Elmina East, Shah Alam
PETALING JAYA (April 3): PTT Synergy Group Bhd has entered into a long-term warehouse automation and leasing agreement with Mydin Mohamed Holdings Bhd and Sime Darby Property Bhd, marking a strategic expansion into smart logistics infrastructure with recurring income visibility.
Kerjaya Prospek bags RM98.8 mil private hospital contract in Seremban
PETALING JAYA (April 3): Kerjaya Prospek Group Bhd has secured a RM98.
Sunway eyes joint procurement after IJM takeover, says president
KUALA LUMPUR (April 3): Sunway Bhd (KL:SUNWAY) plans to implement joint procurement in construction as part of its short-term strategy within nine months of acquiring IJM Corporation Bhd (KL:IJM).
EP Manufacturing buys Melaka land for RM35 mil to expand vehicle assembly
KUALA LUMPUR (March 31): EP Manufacturing Bhd is acquiring 18.
Works Ministry to conduct impact assessment on rising construction material costs due to West Asia conflict
KUALA LUMPUR (March 31): The Public Works Ministry (KKR) is carrying out a comprehensive assessment to identify suitable mitigation mechanisms following the increase in construction costs due to geopolitical tensions in West Asia.
BIMOffice makes strong LEAP Market debut, eyes digital construction growth
KUALA LUMPUR (March 31): BIMOffice Group Bhd made a strong debut on the LEAP Market of Bursa Malaysia on Monday, opening at 26.
Exsim Hospitality seeks to diversify into construction, procurement businesses
PETALING JAYA (March 27): Exsim Hospitality Bhd is seeking shareholder approval to diversify its existing business to include construction works and centralised procurement activities, according to a circular issued today (March 27).
Binastra Corp's 4Q net profit jumps 70% to RM42m amid higher number of projects
KUALA LUMPUR (March 26): Construction group Binastra Corp Bhd's (KL:BNASTRA) fourth quarter net profit climbed by nearly 70% to RM42.
MBAM calls for urgent support as construction cost pressures escalate
KUALA LUMPUR (March 26): Master Builders Association Malaysia (MBAM) urges the government and private sector to take immediate action as escalating building material, energy and logistics costs squeeze development contractors and threaten project delivery.
