News about construction

KUALA LUMPUR (March 19): Bursa Malaysia’s construction index, which tracks share prices of builders listed on the exchange, settled down 13.

KUALA LUMPUR (March 17): Kumpulan Jetson Bhd has been awarded a RM78.

KUALA LUMPUR (March 14): Tan Chong Motor Holdings Bhd has teamed up with An Tam Construction and Trading Co Ltd (Antaco Vietnam) to jointly carry out construction project activities in Indochina.

KUALA LUMPUR (March 13): Construction stocks fell sharply this morning as investor sentiment turned negative on the local bourse amid views that there would be less infrastructure spending this year, compounded further by the global equity rout.

KUALA LUMPUR (March 11): Eversendai Corp Bhd has secured RM490.

KUALA LUMPUR (March 11): Kejuruteraan Asastera Bhd (KAB) has secured a contract worth RM28.

KUALA LUMPUR (March 10): IJM Corp Bhd has won a RM530 million contract for the construction of The Exchange TRX’s residential component in Tun Razak Exchange (TRX).

KUALA LUMPUR (March 9): Hong Leong Investment Bank Bhd (HLIB) has lowered its target price on IJM Corp Bhd to RM1.

KUALA LUMPUR (March 5): The recent political developments that led to the change in government have dimmed the bright spots for the construction sector, said CGS-CIMB Research, given concerns over the implementation of new infrastructure projects that have been planned by the preceding government under Tun Dr Mahathir Mohamad.

KUALA LUMPUR (March 2): Central Global Bhd said today its 51%-owned subsidiary has secured a contract from Simbol Era Sdn Bhd worth RM42.