Auditors raise doubts over Eversendai’s ability to continue as a going concern
Messrs Baker Tilly Monteiro Heng PLT highlighted that the group incurred a net loss of RM366.
YKGI Holdings seeks to diversify into construction, property development
ADSB has secured RM17 million of orders for its construction business, and submitted tender applications and quotations for construction works amounting to RM6.
Mulpha International’s Australian unit secures A$160m green syndicated construction facility
The purpose of the facility is to finance the construction of Stage 1 of Norwest Quarter, a mixed use residential apartment development in Norwest, Australia, said the group in a bourse filing on Tuesday (May 2).
Zelan slips into PN17 status after external auditors express disclaimer of opinion
“The company is in the midst of formulating a plan to regularise its financial condition.
Aneka Jaringan bags RM30.28 mil piling contract in Bandar Melaka
In a Bursa Malaysia filing on Wednesday (April 26), Aneka Jaringan said its wholly owned subsidiary Aneka Jaringan Sdn Bhd has accepted a letter of award from Reliacon Sdn Bhd on behalf of Parkland Avenue Sdn Bhd.
Advancecon secures RM86 mil construction job for PKNS's Sierra Alam project
The 24-month job involves earthworks, major infrastructure and other related works, according to Advancecon's bourse filing on Thursday KUALA LUMPUR (April 11): Earthworks and civil engineering service provider Advancecon Holdings Bhd has bagged an RM86 million construction contract from Perbadanan Kemajuan Negeri Selangor (PKNS) for Phase 1 of its Sierra Alam development in Section U10, Shah Alam, Selangor.
Bina Puri’s rights issue undersubscribed by 6.63%
The corporate exercise was announced in June 2022 and the rights issue was on the basis of two rights shares for every three existing Bina Puri shares.
Bintai Kinden believes it has good grounds of defence against Axbena’s RM28m claim for liquidated damages
JMI is being sued by Axbena Sdn Bhd for not completing a RM10.
MBSB Bank to offer special financing for MRT and RTS contractors
The bank said the financing programme is aimed at assisting Grade G1 to G7 category contractors registered under the Construction Industry Development Board (CIDB), which are involved in MRT projects, to increase their competitiveness in the open market.
YTL Cement inks MOU with CREAM to support country’s transition to sustainable construction
CIDB’s Ahmad Asri said that the growing global population also demands consideration of how buildings are constructed, the materials used to create them, and the expected efficiency of the finished buildings.
