PN17 company Zelan fills CEO post after one year
Mohd Ariff has over 18 years of experience in key positions of internal audit, accounts and reporting, and business planning and budgeting in the oil and energy industry.
Kitacon bags RM111.23 mil contract to build factories in Klang
In a filing with the bourse, the construction firm said that its wholly-owned subsidiary, Kitacon Sdn Bhd, had accepted a Letter of Award from Sime Darby Property (Bukit Raja) Sdn Bhd for the proposed work.
Mitrajaya wins RM152m construction contract
The contract involves construction of Phase 2A of Kedah Science and Technology Park in Bukit Kayu Hitam.
Infineon to invest additional RM30b to expand Kulim facility
The plant located in Kulim High Tech Park is slated to be the largest 200-millimetre front-end manufacturing site for Infineon, focusing on automotive, green industrial power and power, and sensor systems.
Jati Tinggi bags RM33.8m EPCC sub-contract from Gamuda unit
This is the fourth contract win for Jati Tinggi which made its debut on the ACE Market of Bursa Malaysia last December.
Ireka ordered to pay RM6.53m plus costs to RHB Bank over subsidiary's payment default
"Following several discussions with the bank, the company is currently in the midst of negotiation with the bank to honour the court order," Ireka added.
Builders, developers deep in red after months of data centre-driven frenzy
Technology stocks on Bursa Malaysia have plummeted since Friday amid concerns over disappointing earnings of their global counterparts and design troubles of chips powering artificial intelligence.
Intraday short-selling of WCT suspended as shares hit one-month low
Still, WCT has had a great rally so far in 2024, as its stock price more than doubled at the end of last year, tracking a rally in the construction sector, largely fuelled by optimism about the government’s rollout of major infrastructure projects and contract awards in the private sector KUALA LUMPUR (Aug 5): Shares of construction and property group WCT Holdings Bhd (KL:WCT) plunged to their lowest in one month, after the stock exchange suspended intraday short-selling activities of the stock on Monday morning.
Binastra wins RM160m office construction job in Damansara Perdana
The construction firm said the contract, secured via its wholly owned Binastra Builders Sdn Bhd, covers demolition and construction of main building works comprising four floors of offices (560 units), as well as two basement levels.
Mitrajaya bags RM37.91m construction job in KL
Mitrajaya, which is involved in construction and property development, had been loss-making for three consecutive quarters, before turning around in the first quarter ended March 31, 2024 (1QFY2024) with a net profit of RM262,000.
