News about construction

As of the end of March, Econpile had 19 ongoing projects with an order book of about RM400 million.

The house estimated Kerjaya Prospek’s outstanding order book to be at RM4.

Wawasan Dengkil mainly provides earthworks and civil engineering services.

Euro Saga Sdn Bhd awarded the contract to Vestland’s wholly owned subsidiary Vestland Resources Sdn Bhd, covering site clearance, demolition, earthworks, drainage, pavement, and road furniture works.

RHB IB in a note on Friday advised investors to "buy on weakness", adding that the current "hesitant" sentiment presented an opportunity to accumulate stocks with robust fundamentals.

The company, which is principally engaged in the designing and manufacturing of plastic extrusions, polyvinyl chloride (PVC) compounding, processing of PVC coils and trading of industrial consumables, said it had secured shareholder approval in an extraordinary general meeting.

The three residential apartment blocks will comprise a total of 794 free-cost residential units, along with a facility floor, swimming pool, eight floors of podium car park, a guard house, and a Tenaga Nasional Bhd 11kV main switching station.

Meanwhile, apart from overcapacity, Misif has identified low green technology adoption and limited access to quality scrap as among issues that the industry is facing.

Nevertheless, Lim said the local steel industry is still challenging as it is grappling with overcapacity issues, which led to low capacity utilisation at an average of 39.

The elected deputy president was Kenneth Liew Kiam Woon of LFE Engineering Sdn Bhd.