Browsing: Malaysia

Sunway Construction Group Bhd submits IPO application

KUALA LUMPUR: Sunway Construction Group Bhd (SCG), a wholly-owned subsidiary of Sunway Bhd, has submitted an application to be listed on the main market of Bursa Securities, Sunway said in a filing with Bursa Malaysia. The


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KL: Muhibbah Engineering (M) Bhd secures US$32mil for construction facilities in Pengerang, Johor

KUALA LUMPUR: Muhibbah Engineering (M) Bhd has secured a US$32mil (RM116mil) contract to design and build temporary construction facilities in Pengerang, Johor. Muhibbah said on Wednesday it bagged the contract from Tecnicas Reunidas, S.A. Group for


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Malaysia: Sg Buloh-Kajang MRT line reaches 58.5% completion

The construction of the 51-kilometre mass rapid transit (MRT) Sungai Buloh-Kajang Line has reached progress rate of 58.5% as at Dec 31, 2014 and this will be maintained as the project moves towards ‘system works’ phase.


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WCT Holdings aims to secure RM2bil worth of contracts  in 2015

PETALING JAYA: WCT Holdings Bhd aims to secure RM2bil worth of local and foreign property development jobs this year, said executive director, Wong Yik Kae. He said of the total, the domestic market would contribute RM1bil


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MELAKA: The Melaka Customary Land Development Corporation (Pertam) has entered into joint-venture (JV) agreements with five companies to undertake five different development projects worth RM337mil. Melaka chief minister, Datuk Seri Idris Haron, said the five projects


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Malaysia’s construction sector to see recovery

CIMB Research sees recovery in construction sector, Gamuda top pick KUALA LUMPUR: CIMB Equities Research expects investor sentiment in Malaysia’s construction sector to likely gradually recover. “We like Gamuda (our top big-cap pick) for its exposure


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Malaysia submits proposal for Nepal’s new airport

Malaysia has submitted a proposal to undertake the construction of a new international airport in Nepal. The Prime Minister’s Special Envoy to South Asia Datuk Seri Dr S Samy Vellu said the Malaysian parties are still


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VINCI wins a further high-rise building construction contract in Malaysia

VINCI wins a further high-rise building construction contract in Malaysia, 125,000 m2 of housing and retail development with a value of €70 million. The Second contract on the island of Borneo for VINCI Construction Grands Projets


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Salcon, Loh & Loh bag RM470mil Langat sewage contract

KUALA LUMPUR: Salcon Bhd announced that its subsidiary, Salcon Engineering Bhd, and Loh & Loh Construction Sdn Bhd have jointly won a RM470mil contract from MMC Corp Bhd to build the Langat Centralised Sewage Treatment Plant.


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Malaysia Q3 construction sector grew 10.7% to RM25.3bil

KUALA LUMPUR: The construction sector in Malaysia grew 10.7% to RM25.3bil in the third quarter this year. This is compared to the same quarter in 2013, and 0.5% compared to the preceding quarter, according to the


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