Pasukhas accepts increase in contract value for construction project in Penang
To undertake concrete substructure works for the head building of the Dexcom Malaysia Factory 3 project in Penang has been increased to RM12.
SunCon receives Johor Bahru-Singapore RTS contract worth RM604.86 mil
On March 23, SunCon announced to Bursa Malaysia that its wholly-owned subsidiary Sunway Construction Sdn Bhd had signed the Letter of Acceptance in respect for the proposed construction and completion of Package 1B and Package 5 for the RTS project.
Gamuda's 2Q profit climbs 9.8% as overseas earnings surge; first half earnings hit all-time high on highway sale gain
Gamuda is expecting its performance this year to be driven by property sales, a pick up in work progress of the Sydney Metro West-Western Tunnelling Package, the Coffs Harbour Bypass and the M1 Motorway Extension projects in Australia, following the sale of its highway assets to Amanat Lebuhraya Rakyat.
Foreign worker employment quota approvals halted until further notice
"Approvals for foreign worker quotas so far are expected to meet foreign labour needs by industry, including in critical sectors.
Advancecon’s former deputy CEO goes to court to nullify his removal from office
The originating summons also named Advancecon group chief executive officer (CEO) Datuk Phum Ang Kia as a defendant, Advancecon said.
Fajarbaru secures RM311m construction contract from WCT
The main building works consist of three blocks of residential condominium towers comprising 341 units, together with four levels of basement car park and three levels of podium facilities.
Absence of new infrastructure projects a dampener on construction sector, says RHB Research
Meanwhile, the potential reduction in project cost for the MRT3, from RM50.
MBAM and CECCM sign MOU to resolve contractual disputes via mediation
En added that on adjudication alone, fees worth hundreds of millions have been paid by disputing parties since its inception and this does not include legal expenses incurred at various courts and arbitration.
Revised Budget 2023: MBAM urges govt to commence MRT3 project to revive construction sector
“The MRT project is currently already at an advanced stage and should be implemented soonest.
SunCon's 4Q net profit falls nearly 30% y-o-y on lower contribution from construction segment
Revenue for the construction segment rose 22.
