Serious attention needed to prevent retaining wall failures (again)
To address this issue, it is crucial to delve into the key factors contributing to retaining wall failures and emphasise the importance of regular maintenance and inspections.
New PN17 entrant Zelan terminates CEO’s contract
“The company has decided to terminate the CEO’s contract of employment by giving him three month's salary in lieu of the required notice as per his contract,” said Zelan in a bourse filing on Thursday (June 15).
RHB IB upgrades construction sector to 'overweight'
It noted that as Mass Rapid Transit 3 (MRT3) contract rollout could likely take a longer time — sometime in late 4Q2023 or early 1Q2024 — contractors may fill in the temporary void of local infrastructure jobs by focusing on industrial ones.
RHB upgrades Gamuda to ‘buy’ with higher TP of RM4.95
RHB Investment in a note on Friday (June 9) said that about 88% of Gamuda’s outstanding order book is from overseas, thus warranting its upgrade, implying a 20% upside and circa 3% FY2024 (Jul) yield.
Bina Puri said restraining order sought due to lacklustre construction activities
The implication of the MCO also meant that the group was unable to progress projects, but it continued to incur certain fixed costs such as rental costs, staffing, and borrowing costs that reflected into a weak financial performance the last couple of years, said the group.
Southern Score Builders plans partnership to develop robotic construction technologies in Malaysia
"The execution of the MOU marks the beginning of a collaboration between the parties to integrate automation and robotics into the design, manufacturing and construction processes of industrialised building systems in Malaysia.
Citaglobal claims alleged outstanding payment from IJM Corp for expressway project work
IJM Construction has allegedly refused, failed and/or neglected to pay the outstanding sum despite Citaglobal Land completing its contractual obligations, said Citaglobal.
Top Builders plans to release outstanding quarterly report next week
"The management team is in the midst of finalising the outstanding quarterly reports, targeting to release them by the first week of June 2023," Top Builders said in a bourse filing.
Top Builders share trade suspension continues; fails to submit quarterly report
The piling and engineering firm also faces delisting if it fails to issue its outstanding financial statements within six months, according to its filing on Thursday (June 1).
Econpile bags project worth US$9.5m in Cambodia
In a bourse filing on Wednesday (May 31), Econpile said its unit Global Piling Solutions Co Ltd secured the contract for Odom Living Co Ltd for the Odom development at Norodom Boulevard, Sangkat Tonle Bassac, Phnom Penh.
