News about construction

KUALA LUMPUR (May 26): UEM Sunrise Bhd chief executive officer Sufian Abdullah said on Thursday that the hike in construction cost is not eroding the group's profitability for the financial year ended Dec 31, 2022 (FY22).

KUALA LUMPUR (May 26): Sunway Construction Group Bhd’s (SunCon) net profit for the first quarter ended March 31, 2022 (1QFY22) jumped 70.

KUALA LUMPUR (May 11): Construction outfit Nestcon Bhd has received a letter of award (LoA) for a job worth RM85 million to design and build an integrated offsite scheduled wastes recovery facility in Kerteh, Terengganu.

KUALA LUMPUR (May 6): ES Ceramic Technology Bhd, a maker of hand formers for rubber glove producers, has proposed to acquire Evermix Concrete Sdn Bhd for RM83 million in a bid to diversify into the manufacturing and trading of construction materials.

KUALA LUMPUR (April 28): Foo Ming Li, executive chairman of Top Builders Capital Bhd, formerly Ikhmas Jaya Group Bhd, has been redesignated as group chief executive officer of the piling and engineering group.

KUALA LUMPUR (April 21): Integrated construction engineering group Vizione Holdings Bhd, in a joint venture with Permata Rebana Sdn Bhd, has bagged an RM654 million project from Pertubuhan Keselamatan Sosial (Perkeso) to build Phase 1 of the latter’s national robotics and cybernetics rehabilitation centre in Bandar Meru Raya, Perak.

KUALA LUMPUR (April 18): The Master Builders Association Malaysia (MBAM) has expressed their concern about high building material prices and called on the Malaysian government to alleviate the price pressures contractors face.

KUALA LUMPUR (April 18): Econpile Holdings Bhd has received a letter of award for a RM23 million contract to undertake foundation and basement works for an industrial building in Petaling Jaya, Selangor.

KUALA LUMPUR (April 11): Jentayu Sustainables Bhd (formerly known as Ipmuda Bhd) has proposed to sell a parcel of leasehold redevelopment industrial land with warehouses and offices in Petaling Jaya for RM19.

KUALA LUMPUR (April 8): TDM Bhd has signed a heads of agreement (HoA) for the proposed construction and leasing of a specialist hospital building in Bandar Baru Tunjong, Kota Bharu, Kelantan.