Engtex 1Q earnings slump 45% on absence of disposal gain
KUALA LUMPUR (May 25): Engtex Group Bhd's net profit for the first quarter ended March 31, 2018 (1QFY18) dropped 44.
Econpile 3Q net profit rises 7.3% on higher revenue
KUALA LUMPUR (May 24): Econpile Holdings Bhd has registered a 7.
Negative sentiments to continue to bog down construction sector, says CIMB Research
KUALA LUMPUR (May 23): The negative sentiments surrounding the impending review of billion ringgit worth of mega-infrastructure projects, some of which are at risk of being scrapped, is expected to bog down the construction sector during the first 100 days of the new Pakatan Harapan-led government’s reform agenda, according to CIMB Investment Bank Bhd Research.
Gadang expects FY18 to end on weaker note as 3Q profit slips
KUALA LUMPUR (April 24): Gadang Holdings Bhd expects its current financial year ending May 31, 2018, to end on a weaker note from the previous year, due to what it termed "sluggish market condition" of the property sector.
AIIB considering financing KL-Singapore HSR
KUALA LUMPUR (April 19): The Asian Infrastructure Investment Bank (AIIB) has expressed its interest in financing the Kuala Lumpur-Singapore High Speed Rail (HSR), among other infrastructure projects in Malaysia, according to the Embassy of China.
WCT 4Q net profit soars near 17 times, pays three sen dividend
KUALA LUMPUR (Feb 27): WCT Holdings Bhd’s net profit soared nearly 17 times to RM59.
Ekovest completes elevated U-turn at Jalan Cheras
PETALING JAYA (Dec 26): Ekovest Bhd has completed the elevated U-turn at its EkoCheras mixed-use development along Jalan Cheras, Kuala Lumpur.
Bina Puri confident of securing RM1b jobs in next 6-9 mths, set to expand presence in green energy
KUALA LUMPUR (Nov 15): Bina Puri Holdings Bhd is confident of securing RM1 billion of construction and infrastructure jobs in the next six to nine months, as it embarks on initiatives to continuously replenish its orderbook, said its group executive director Datuk Matthew Tee.
Budget 2018 highlights
Here are the Budget 2018 highlights for infrastructure, housing and construction: Infrastructure: The MRT 3 or Circle Line's completion to be brought forward to 2025 — previous estimated completion was 2027.
