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.
Rehda: More govt incentives needed to encourage affordable housing projects
PETALING JAYA (Sept 20): Government incentives are important in encouraging developers to work together in providing more affordable homes to property buyers, said the Real Estate and Housing Developers’ Association Malaysia (Rehda) president Datuk Seri FD Iskandar Mohamed Mansor.
‘Election projects’ may further inflate govt debt
KUALA LUMPUR (Aug 29): An expected rise in large infrastructure projects and affordable housing ahead of the general election is likely to further raise the government’s already-huge contingent liabilities, said RAM Rating Services Bhd.
Econpile hits fresh all-time high as FY17 net profit rises 20%
KUALA LUMPUR (Aug 24): Econpile Holdings Bhd’s share price hit a fresh all-time high yesterday, after it announced a 20% rise in net profit for the financial year ended June 30, 2017 (FY17).
Hock Seng Lee 2Q profit down on lower construction income
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.
MRCB submits RM6 bil worth of construction tenders to replenish FY17 orderbook
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.