Econpile bags RM101m job for SoHo project in KL
“The project is expected to contribute positively to the revenue and earnings of the company from the financial year ending June 30, 2024 onwards.
Kimlun secures two construction contracts worth RM140.22m in Johor
The group will also undertake the construction of 148 linked houses and accompanying ancillary structures, with an anticipated completion date of April 1, 2025.
Sunsuria unit gets RM120m boost with OCBC Bank credit facility
It is worth noting that the provision of financial assistance is a related party transaction as Sunsuria KL Sdn Bhd (SKLSB) owns 16% equity interest in BHPDSB and Suez Capital Sdn Bhd (Suez) owns another 29.
Keck Seng (Malaysia) to wind down and liquidate Tanjong Puteri Golf Resort
“TPGR has been operating under very difficult and challenging market conditions characterised by declining number of golfers, ageing assets, increased maintenance expenses and the severe repercussions of Covid-19.
Hektar REIT to install 13 EV charging stations across six malls
The installation initiative stems from a collaboration between Hektar Asset Management Sdn Bhd, manager of Hektar REIT, and GMA Resources.
MRCB Land’s Tujuh Residences apartment in Kwasa Damansara now open for preview
Tujuh Residences will be a 29-storey apartment tower, comprising 573 units.
Maybank IB expects Gamuda’s core net profit to hit RM1b mark in FY2025
In a note on Monday, the research house said Gamuda’s FY2023 CNP grew 7% year-on-year, another record high, as contributions from overseas engineering and construction (E&C) jobs offset earnings foregone post the sale of its tolled highways in October 2022.
UEM Sunrise issues RM350 mil in Islamic medium-term notes
The property developer issued the new IMTNs in two tranches: a RM200 million first tranche with a five-year tenure and a RM150 million second tranche with a seven-year tenure.
Sunway ceases to be substantial shareholder of IJM
Sunway said its wholly-owned subsidiary Fortuna Gembira Enterpris Sdn Bhd ceased to be a substantial shareholder of IJM after selling 2.
