News about construction

KUALA LUMPUR (Jan 26): Advancecon Holdings Bhd has bagged a RM60.

PETALING JAYA (Jan 18): Uncertainties are looming over the nation’s construction sector as political instability, meshed with the movement control order (MCO) implementation, are dampening the speed of the sector’s recovery, but analysts are seeing some silver linings backed by Budget 2021’s infrastructure allocation.

KUALA LUMPUR (Jan 18): Hong Leong Investment Bank (HLIB) Research has initiated coverage of GDB Holdings Bhd at 98.

KUALA LUMPUR (Jan 16): Bamboo flooring manufacturer Kanger International Bhd has diversified into the construction business by signing six deals totalling RM495.

KUALA LUMPUR (Jan 4): The government's move to replace the cancelled Kuala Lumpur-Singapore High Speed Rail project (KL-Singapore HSR) with the Kuala Lumpur-Johor Baru HSR (KL-JB HSR) will still be positive for the construction sector, say analysts.

SINGAPORE (Nov 30): Aspen Group Holdings has reported profit before tax of RM74.

KUALA LUMPUR (Nov 26): Glomac Bhd’s net profit surged 62.

KUALA LUMPUR (Nov 20): Sunway Construction Group Bhd’s net profit for the third quarter ended Sept 30, 2020 (3QFY20) fell 28.

PETALING JAYA (Nov 14): The Building Industry Presidents’ Council (BIPC) has stated that it welcomes the enforcement of the Temporary Measures for Reducing the Impact of Coronavirus Disease 2019 (Covid-19) Act 2020 [Covid-19 Act].

KUALA LUMPUR (Nov 11): Construction companies are set to benefit greatly from the projects and expenditure outlined in Budget 2021, with the Mass Rapid Transit 3 (MRT3) and the Kuala Lumpur-Singapore High-Speed Rail (HSR) viewed as being big opportunities.