News about construction

KUALA LUMPUR (March 20): Luster Industries Bhd has proposed to undertake the diversification of its business to include property development and construction.

KUALA LUMPUR (March 19): Lafarge Malaysia Bhd will be supplying RM270 million worth of cement for all eight packages of work for the East Coast Rail Link (ECRL) project.

Gamuda Bhd (March 15, RM5) Maintain buy with a target price (TP) of RM5.

KUALA LUMPUR (March 15): T7 Global Bhd has entered into a new memorandum of understanding (MoU) with Terengganu state-linked corporation Eastern Pacific Industrial Corp Bhd (Epic) and CMC Engineering Sdn Bhd, a wholly-owned bumiputera company, to form a consortium to undertake the construction of the RM60 billion East Coast Rail Line (ECRL) project’s Terengganu parcel.

KUALA LUMPUR (March 13): Ho Hup Construction Co Bhd has signed a joint venture (JV) pact to undertake a mixed development project in Kuantan, Pahang.

KUALA LUMPUR (March 13): Ekovest Bhd has bagged a RM99.

PETALING JAYA (March 10): Mammoth Empire Holdings Sdn Bhd (MEH) has decided to divide its 64-acre parcel earmarked for Empire City Damansara 2 (ECD2) along the Damansara-Puchong Highway here into smaller plots to be sold, developed in joint ventures or both, said its group executive director Datuk Danny Cheah.

KUALA LUMPUR (March 5): Malaysia Rail Link Sdn Bhd (MRL) says that the RM55 billion East Coast Rail Link (ECRL) is making remarkable progress since its launch in just 13 months given the excellent cooperation between both state and federal agencies.

JAKS Resources Bhd (March 1, RM1.

KUALA LUMPUR (March 1): Vivocom International Holdings Bhd shares fell as much as one sen or 11% to eight sen after the construction company said fourth quarter net loss stood at RM2.