Liew Kok Wing succeeds Chung Soo Kiong as Sunway Construction group MD on April 1
KUALA LUMPUR (March 25): Sunway Construction Group Bhd (SunCon) has appointed Liew Kok Wing as group managing director (MD) beginning April 1.
Widad to leverage SANY’s IBS tech for RM40b Langkawi project
KUALA LUMPUR (March 23): Construction and integrated facilities management firm Widad Business Group Sdn Bhd (WBG) said Wednesday (March 23) it is considering a partnership with China-based construction machinery manufacturers SANY Group to leverage the latter’s industrialised building system (IBS) technology for its Langkasuka mega-project — a RM40 billion mixed-use complex in Langkawi.
Eastland Equity proposes asset acquisition, capital reduction, diversification to improve financial position
KUALA LUMPUR (March 21): Eastland Equity Bhd is planning to acquire 92 commercial units at Bandar Tun Razak Business Park in Jengka, Pahang, as well as undertake a capital reduction exercise and business diversification, to improve its financial position.
Lebtech inks MoU with Oman-based sustainability firm to provide sustainable solutions to climate-conscious clients
KUALA LUMPUR (March 21): Construction firm Lebtech Bhd has entered into a memorandum of understanding (MoU) with sustainability firm Sustainable Investments Oman LLC (SIO) to provide sustainable solutions to climate-conscious organisations and people in Oman and Malaysia.
Chin Hin Group emerges as single largest shareholder in Ajiya with 24.68% stake
KUALA LUMPUR (March 18): Chin Hin Group Bhd has emerged as the single largest shareholder of building materials manufacturer Ajiya Bhd with a 24.
Rehda: Developers face balancing act in pricing properties as construction costs expected to spike 19%
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.
TCS awarded RM255m mixed-use development construction job
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.
Kerjaya sees better prospects ahead, expects FY22 revenue to return to pre-pandemic levels
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.
SunCon 4QFY21 net profit doubles on better performance of construction segment, declares four sen dividend
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.
Kerjaya Prospek bags its largest ever construction contract worth RM710.1m
KUALA LUMPUR (Feb 22): Kerjaya Prospek Group Bhd has bagged its largest ever construction contract worth RM710.
