News about construction

IJM declared a single-tier second interim dividend of five sen and a special dividend of one sen, to be paid on July 19.

The group said its subsidiary Fajarbaru Builder Sdn Bhd had landed the contract for additional works to redevelop military facilities at the Royal Malaysian Air Force base in Butterworth.

At the noon break on Tuesday, Southern Score shares had gained 0.

Kerjaya Prospek said the contract will commence on July 1 and be completed within 40 months.

Gamuda’s established regional presence, track record, and the current growth in DC investment position the group well for further opportunities, according to Hong Leong Investment Bank (HLIB) Research.

The land is described as a freehold industrial land that is “strategically” located between Sydney and the future Western Sydney Airport.

Following the acquisition — made through his private investment vehicle Ukay One Sdn Bhd — Liew has a direct holding of 2.

On its part, Pintaras said its outstanding construction orderbook worth about RM316 million will help the company “navigate through the next few challenging months” while noting “an upturn in construction activities”.

“The group is optimistic of registering a positive growth in FY2024 supported by our strong existing outstanding order book” totalling RM6.

He stressed that the foreign labour quota for the Chinese company for the ECRL project has previously been approved and is only being extended to ensure the “high-impact” project, which Saifuddin said is close to 70% completion, faces no difficulties.