News about construction

Siab said as both the group and Taghill are currently involved in the building construction services, the proposed acquisition will enable both companies to leverage their combined strengths and expertise in the construction industry, as well as respective business relationships with various industry stakeholders.

Year-to-date, Vestland has successfully bagged a total of RM667.

We believe that NBES is a very impactful project which will contribute significantly towards expediting BIM adoption and enhance the ease of doing business in construction,” said CIDB chief executive Datuk Ahmad Asri Abdul Hamid in a press statement.

“The overall duration of the project shall be 15 months from July 15, 2023.

Gamuda noted that this RM30 million partnership will see the company collaborating with VTAR to create the Certificate in Digital Manufacturing in Construction programme.

GUH said it agreed to the out-of-court settlement, as continuing the legal dispute is costly and time-consuming.

The entire contract was originally valued at RM90 million and awarded to Cosmo in November 2021.

Other major contracts bagged by the group this year include a RM37.

SunCon said the project is expected to contribute positively to the earnings of the group for the financial year ending Dec 31, 2023 onwards.

It said near-term job flows could be affected by the coming state elections while the highly anticipated the MRT3 project continues to see near-term delays.