News about infrastructure

KUALA LUMPUR (Aug 23): Hock Seng Lee Bhd’s (HSL) net profit for the second quarter ended June 30, 2017 (2QFY17) fell 21% year-on-year (y-o-y) to RM9.

Ikhmas Jaya Group Bhd (June 29, 72.

KUALA LUMPUR (June 7): Malaysian Resources Corp Bhd (MRCB) has submitted construction bids worth RM6 billion as part of its exercise to replenish its orderbook for financial year ending Dec 31, 2017 (FY17),  its executive director Mohd Imran Mohamad Salim said.

KUALA LUMPUR (May 26): Econpile Holdings Bhd posted a record net profit for the third financial quarter ended March 31, 2017 (3QFY17), on higher billings recorded coupled with increased overall project order book secured.

KUALA LUMPUR (April 21): The government will be inviting companies to bid for a billion ringgit worth of jobs for the Kuala Lumpur-Klang Bus Rapid Transit (BRT) project, as well as Phase 2 of the Klang Valley Double Track (KVDT) project, said Transport Minister Datuk Seri Liow Tiong Lai (pic).

AS connectivity and infrastructure improve and the rental gap between Kuala Lumpur’s central business district (CBD) and city fringe narrows, more companies may move into or relocate to the CBD.

DUE to the overall weak ringgit and uncertain economic landscape, the property market in Malaysia will continue to be very challenging, says Foo Gee Jen, managing director of property consultancy CBRE|WTW.

KELANA JAYA (Nov 2): Budget 2017 may seem favourable to the construction sector as many infrastructure projects have been announced, but Master Builders Association Malaysia immediate past president Datuk Matthew Tee said the  effect may be limited as only a few big players will be awarded the jobs.

KUALA LUMPUR (Oct 21): The construction sector is expected to expand 8.

GLOBAL infrastructure investment and development firm United World Infrastructure (UWI) has been an integral part of Medini’s development.