KUALA LUMPUR (Nov 6): Gadang Holdings Bhd said it intends to participate in the open tender process for the three Pan Borneo Sabah packages — worth RM925 million — to be awarded next year, besides having submitted bids for some RM1 billion worth of construction jobs.
KUALA LUMPUR (Oct 21): KKB Engineering Bhd has bagged two water supply contracts as well as piping supply orders worth a cumulative RM60.
KUALA LUMPUR: Advancecon Holdings Bhd has bagged two contracts worth a combined value of RM50.
KUALA LUMPUR (Jan 8): Sapura Energy Bhd has been awarded four new contracts and one extension with a combined value of RM760 million.
KUALA LUMPUR (Jan 3): In light of the slowdown in contracts awarded in the local construction scene, Malaysian contractors are expected to bid for more jobs in Singapore, according to Hong Leong Investment Bank (HLIB) Research.
PETALING JAYA (May 31): The government will review, renegotiate or postpone “high-value” projects that are cumulatively worth RM10 billion, said Finance Minister Lim Guan Eng (pictured).
KUALA LUMPUR (May 31): The RM40 billion third mass rapid transit project (MRT3) is “dead in its track” and the downturn in rail contracts has been set in motion, with up to RM100.
PETALING JAYA (Aug 15): The Kuala Lumpur Regional Centre for Arbitration (KLRCA) has launched a suite of Standard Form of Contracts (SFC) which is suitable for all building construction projects in Malaysia.
SOME proposed amendments to the Stamp Act 1949, which seek to impose stricter requirements on the stamping of contracts, have caused a stir among property developers who worry that the amendments will push up their cost of doing business.
A signature serves as a universally recognised symbol of proof of agreement.
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