News about construction

KUALA LUMPUR (Aug 22): From normal workers to top officials, those involved in the East Coast Rail Link (ECRL) are still in shock over the scrapping of the mega project.

Sunway Construction Group Bhd (Aug 17, RM1.

KUALA LUMPUR (August 17): Sunway Construction Group Bhd (SunCon) posted a flat net profit of RM35.

PETALING JAYA (Aug 14): The Sales and Services Tax (SST) which will take effect next month will not be applied to building materials – namely bricks, cement and sand – and construction services, a move that Finance Minister Lim Guan Eng said will hopefully address property affordability issues hindering home ownership in Malaysia.

PETALING JAYA (Aug 12): Finance Minister Lim Guan Eng has announced that building materials and construction services will be exempt from the Sales and Services Tax (SST) which will come into force in September.

KUALA LUMPUR (July 30): Construction and property development player Ho Hup Construction Co Bhd is expecting profit growth to accelerate in the financial year ending Dec 31, 2019 (FY19), given better earnings visibility from its RM1.

KUALA LUMPUR (July 27): Sunway Construction Group Bhd (SunCon) said today it has won the bid for the lease of a piece of land in Singapore from the island state's Building and Construction Authority.

Gadang Holdings Bhd (July 26, 76.

KUALA LUMPUR (July 26): Shares in Vizione Holdings Bhd rose 3.

PETALING JAYA (July 23): China Communications Construction (ECRL) Sdn Bhd (CCC-ECRL) has confirmed that it is rationalising its staff count following the suspension of the East Coast Rail Link (ECRL), without stating the number of employees cut.