News about construction

KUALA LUMPUR (March 15): Real Estate and Housing Developers’ Association (Rehda) deputy president Datuk N K Tong said the latest survey conducted by the association showed that some developers expect housing prices to rise on the back of anticipation of increased construction costs.

KUALA LUMPUR (March 2): Construction firm TCS Group Holdings Bhd has bagged a RM255 million contract from Remedy Power Sdn Bhd to construct the foundation and main building works of a mixed-use development project in Taman Desa, Kuala Lumpur.

KUALA LUMPUR (Mar 1): Construction outfit Kerjaya Prospek Group Bhd aims to restore its revenue to pre-pandemic levels in the current financial year ending Dec 31, 2022 (FY22), according to its non-executive chairman Datuk Tee Eng Ho.

KUALA LUMPUR (Feb 24): Sunway Construction Group Bhd's (SunCon) net profit for the fourth quarter ended Dec 31, 2021 (4QFY21) more than doubled to RM64.

KUALA LUMPUR (Feb 22): Kerjaya Prospek Group Bhd has bagged its largest ever construction contract worth RM710.

KUALA LUMPUR (Feb 14): Cahya Mata Sarawak Bhd (CMS) said its wholly-owned subsidiary, CMS Cement Industries Sdn Bhd, will raise its price of cement by an average of 10% subject to product types and location.

KUALA LUMPUR (Jan 25): Building contractor Haily Group Bhd has won a RM41.

KUALA LUMPUR (Jan 24): The Federation of Malaysian Manufacturers (FMM) has called for the government to shelve the recently proposed amendments to Prevention and Control of Infectious Diseases Act 1988, otherwise known as Act 342, indefinitely and move away from what it called "extreme and threatening measures" of big fines and jail terms.

KUALA LUMPUR (Jan 20): Nestcon Bhd has been awarded a fixed lump sum turnkey construction job worth RM188.

KUALA LUMPUR (Dec 23): Hong Leong Investment Bank (HLIB) Research forecast construction-sector earnings to double in 2022, driven by higher productivity and margins.