Ingenieur Gudang reports higher 2Q profit on disposal gain, higher construction revenue
Revenue for the quarter more than doubled to RM12.
Revenue for the quarter more than doubled to RM12.
The plots, measuring 152ha, are located in Sentul City, in the Bogor Regency of the West Java Province in Jakarta, according to GENP's bourse filing on Friday.
The group is principally engaged in hotels and service apartments, the provision of limousine services and hotel management.
The Building Industry Presidents’ Council had previously written to the Ministry of Human Resources, the Ministry of Works and the Ministry of Housing and Local Government in 2021, objecting to the ruling on the expansion of the Human Resources Development Fund (PSMB) Act 2001 (Act 612), which included the construction industry with effect from March 1, 2021.
CEO Datuk Choong Kai Wai: “Our purpose to build great communities has driven us for the past 50 years and will remain at the core of everything we do.
Year-to-date, the counter has gained over 91%, tracking a broad rally in the construction sector largely fuelled by optimism about the government's rollout of major infrastructure projects and contract awards in the private sector.
At its current market capitalisation, Gamuda is already the 21st largest company on Bursa Malaysia, making it poised to be a potential FBM KLCI constituent.
Haily said its wholly-owned subsidiary, Haily Construction Sdn Bhd, has accepted a letter of award issued by Razin Architects Sdn Bhd on behalf of Kews Senibong Sdn Bhd, according to a bourse filing on Thursday.
The property, located within Subang Jaya in USJ1, boasts a 12-storey purpose-built building fitted for educational purposes, held under a freehold tenure.