YTL Cement trims 5.95% stake in Malayan Cement, confirms The Edge report
KUALA LUMPUR (Jan 20): Malayan Cement Bhd said its largest shareholder, YTL Cement Bhd, has disposed of 82.
IJM shares slide following anti-graft probe
KUALA LUMPUR (Jan 20): Shares of IJM Corporation Bhd (KL:IJM) fell on Tuesday's opening, a day after the company said officers from the Malaysian Anti-Corruption Commission (MACC) and the Inland Revenue Board (IRB) were present at the company’s office on Monday (Jan 19) to "obtain information as part of their process".
IJM says MACC, IRB officials visited its office to gather info; Azam Baki confirms probe
Sunway, which announced on Jan 12 its intention to acquire IJM, is offering to snap up shares in the latter for cash of 31.
MN Holdings bags data centre substation contracts worth RM123m
KUALA LUMPUR (Jan 16): MN Holdings Bhd (KL:MNHLDG) said it has secured four contracts worth a combined RM122.
Binastra bags largest-ever contract worth RM1.2 bil for Exsim’s JB Causewayz Square project
KUALA LUMPUR (Jan 16): Binastra Corporation Bhd (KL:BNASTRA) has secured its largest contract to date, following the acceptance of two letters of award worth a combined RM1.
After axing affordable housing projects, Vestland lands two new construction jobs worth RM602 mil
KUALA LUMPUR (Jan 16): Vestland Bhd (KL:VLB), which recently terminated three Selangor affordable housing contracts worth about RM551 million, on Friday said it has secured two new construction contracts totalling RM602 million.
Bill on JB-Singapore RTS Link border control to be tabled next month, says Loke
KUALA LUMPUR (Jan 15): A bill to facilitate border control arrangements for the Johor Bahru-Singapore Rapid Transit System (RTS) Link will be tabled in Parliament next month, Transport Minister Anthony Loke Siew Fook (pictured) said.
TRC Synergy clinches RM249 mil construction job in Putrajaya
KUALA LUMPUR (Jan 14): Construction outfit TRC Synergy Bhd (KL:TRC) has secured a RM249 million contract to build new complex buildings in Precint 5, Putrajaya.
Malaysia’s construction sector set for steady growth through 2029, says Linesight
KUALA LUMPUR (Jan 14): Malaysia’s construction industry is expected to expand at an average annual rate of 4% between 2026 and 2029, supported by sustained public and private investment in housing, oil and gas supply chains, and digital infrastructure, according to the latest Construction Market Insights report by Linesight.
Analysts see Sunway’s IJM deal boosting credibility, reducing holding company discount
KUALA LUMPUR (Jan 13): Analysts are generally positive on Sunway Bhd’s (KL:SUNWAY) RM11 billion takeover of IJM Corporation Bhd (KL:IJM), citing earnings growth and diversification into infrastructure, though some question the offer price.
