Eversendai attempting to resume upside movement, says RHB Retail Research
In a trading stocks note on Friday, the research house said the counter is seen moving sideways below the 64 sen resistance.
Ahmad Zaki gets RM152 mil contract to build Port Dickson specialist hospital
The latest contract is Ahmad Zaki's second win from the public works department in 2024.
TA Securities downgrades Gadang to 'sell', cuts target price to 37 sen
In a note on Thursday, the research house said this negative variance was primarily due to higher-than-anticipated project operating costs and tax expenses.
Gadang narrows losses in 4Q on higher construction revenue
For the full year, Gadang returned to the black with a net profit of RM4.
YTL Cement to acquire 81% stake in Singapore firm for RM792 mil for IBS expansion
YTL Cement is buying the stake, comprising 303.
Varia bags subcontract worth RM555m, sending shares to near eight-month high
“This project not only strengthens our order book, but also aligns with our commitment to environmental, social, and governance principles.
Eversendai seals Abu Dhabi-based partner to supply steel beams for Trojena Ski Village project
The outdoor Trojena Ski Village, which is being developed to host the Asian Winter Games in 2029, is part of a series of Saudi state-endorsed construction projects dubbed NEOM.
Ingenieur Gudang reports higher 2Q profit on disposal gain, higher construction revenue
Revenue for the quarter more than doubled to RM12.
Building Industry Presidents’ Council reinforces objection to HRD Corp’s mandatory levy collection
The Building Industry Presidents’ Council had previously written to the Ministry of Human Resources, the Ministry of Works and the Ministry of Housing and Local Government in 2021, objecting to the ruling on the expansion of the Human Resources Development Fund (PSMB) Act 2001 (Act 612), which included the construction industry with effect from March 1, 2021.
Haily Group shares soar to new record high following contract win
Year-to-date, the counter has gained over 91%, tracking a broad 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.
