Gamuda's core profit may have risen up to 12% in 3Q — RHB
Gamuda's core net profit could come in between RM230 million and RM250 million for the third quarter ended March 31, 2024 (3QFY2024), the research house said in an earnings preview note.
GDB climbs over two-year high after contract win
The construction firm announced that its wholly owned subsidiary, Grand Dynamic Builders Sdn Bhd (GDBSB), had accepted a letter of award for the construction of Plot B of a logistics hub from Strategic Sonata Sdn Bhd.
IJM unit clinches two building projects worth RM962m
This strong project portfolio has strengthened IJM Construction's order book to RM7 billion, comprising high-profile private and public sector projects in building construction and civil engineering, ensuring near-term earnings visibility, said IJM.
GDB bags RM866 mil contract from PNB-backed company for Shah Alam logistics hub
As the main contractor, GDB has to design, build and maintain the five-storey ramp-up warehouse, complete with offices, amenities, and supporting facilities.
Binastra's 1QFY2025 net profit breaks record high, driven by construction division
The group has 17 ongoing construction projects, with an outstanding order book of approximately RM1.
Binastra secures RM332m construction job in Kota Kinabalu
As of Jan 31 this year, Binastra had 15 ongoing construction projects, with an outstanding order book of RM1.
Nestcon bags two construction projects in Klang Valley worth RM166 mil
As of March 31, Nestcon had recorded an unbilled order book of RM1.
Builders group appeals to expand diesel subsidy to cover construction vehicles
The cutting of blanket diesel subsidies has increased the cost of construction materials like quarry products and ready-mix concrete, indirectly affecting the industry, as the majority of construction contracts are fixed-price lump sums, said MBAM and PKBM in a joint statement on Thursday.
Bursa reprimands Top Builders, fines eight directors over late issuance of annual report, quarterly reports
Top Builders had failed to issue its annual report including audited financial statements for the financial year ended June 30, 2022 (FY2022), by the deadline of Oct 31, 2022, said Bursa Securities in a statement on Friday.
Nestcon bags RM37.7 mil construction job in Selangor
The construction outfit stated that its wholly-owned subsidiary, Nestcon Infra Sdn Bhd, has accepted a letter of award (LOA) from property developer Seriemas Development Sdn Bhd to undertake the construction and completion of earthworks, soil improvement, and associated works for package 4-2 of the proposed development.
