Construction may see postponement, cost reduction of projects
Construction sector Downgrade to neutral: The surprise election outcome with Pakatan Harapan (PH) winning the election led to a knee-jerk selldown in construction stocks.
'Listen to the land'
The function of landscaping is beyond just beautifying the environment — it is also to create a sense of place and belonging for the community.
Commitment to the community
A non-strata gated-and-guarded development often looks nice and well-kept when the property developer is maintaining the surroundings.
Positive pre-election newsflow for KL-Singapore HSR, says CIMB IB Research
KUALA LUMPUR (May 4): CIMB IB Research retained its overweight call on the construction sector and said the key sector risks are execution delays and competition from foreign contractors.
Gamuda Land bags FIABCI Gold award for first Vietnam township
PETALING JAYA (May 3): Gamuda Land’s Gamuda City – its first town development in Hanoi, Vietnam – was awarded the World Gold Award for Environmental (Rehabilitation/Conservation) at the FIABCI World Prix d’ Excellence Award 2018 held at the Jumeirah Emirates Towers in Dubai last night.
KL-Singapore HSR works to start by year-end, says MyHSR Corp
KUALA LUMPUR (May 3): “Advanced work” on the Kuala Lumpur-Singapore high speed rail (HSR) is slated to begin by the end of this year following the letters of award for the project delivery partners (PDPs) yesterday, according to MyHSR Corp Sdn Bhd.
MRCB-Gamuda, YTL-TH Properties get LoA for HSR
KUALA LUMPUR (May 3): The consortium of Malaysian Resources Corp Bhd (MRCB) and Gamuda Bhd, and YTL High Speed Rail Sdn Bhd (YTL THP JV) — a joint venture (JV) between Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd and TH Properties Sdn Bhd — have accepted a letter of appointment (LoA) from MyHSR Corp Sdn Bhd, appointing the two consortiums as the project delivery partners (PDPs) for the northern and southern sections of the Kuala Lumpur-Singapore High Speed Rail (KL-S’pore HSR) project.
Gamuda appoints Rashdan Yusof new deputy group managing director
KUALA LUMPUR (April 27): Mohammed Rashdan Yusof has been appointed deputy group managing director (MD) of Gamuda Bhd effective May 1, and will head its property business.
News flow on project awards seen to support construction sector
Construction sector Maintain overweight: The project delivery partner (PDP) contract for the high-speed rail (HSR) Malaysian infrastructure works was split between the YTL Corp-TH Properties and MRCB-Gamuda consortiums.
HSR PDP initial fee contribution seen minimal for MRCB
Malaysian Resources Corp Bhd (April 6, 97.
