Advancecon 30%-owned unit secures RM32m contract in Kuching
In a filing with Bursa Malaysia, Advancecon said the 12-month contract was offered by Yayasan Sarawak, with work commencing after the possession of the site.
Inta Bina bags RM79.8 mil contract for housing scheme in Beranang
The project, which will include the construction of two power substations, will start on Jan 5 and be completed in 20 months, according to Inta Bina's bourse filing on Thursday (Dec 30).
Malton in talks to sell Pavilion Bukit Jalil Mall to Pavilion REIT
In a bourse filing, Malton said MTrustee Bhd, acting as the trustee of Pavilion REIT, has accepted an invitation from its subsidiary Regal Path Sdn Bhd to commence discussion for the potential sale of the mall.
Advancecon bags RM33.2m contract in Perak
According to a statement, Advancecon's group chief executive officer Phum Ang Kia has been able to expand its business to include quarry operations in its model, despite the impact of Covid-19 on the construction and infrastructure sectors for the past year.
HLIB: Construction-sector earnings to double in 2022 on higher productivity, margins
In a sector outlook on Wednesday (Dec 22), HLIB Research said job awards could recover, driven by both the private and public sectors.
Sunway Property records sales of RM553 million for Always with You 2021 campaign
According to a statement on Wednesday (Dec 22), this brings Sunway Property closer to its sales target of RM2.2 billion, which is the revised sales target for this year. Its sales target was revised after surpassing its initial sales target of RM1.6 billion in the first half of the year.
MPI buys land for new plant in China for RM15m
Under the agreement, the company will acquire a 66,667-sq-m (16.47-acre) land with a usage term of 50 years at a cost of around 22.4 million yuan (RM14.81 million) to build its new plant.
Berjaya Food to acquire two commercial units in Berjaya Times Square for RM15.67
In a filing with Bursa Malaysia on Wednesday, Berjaya Food said its wholly-owned subsidiary Berjaya Starbucks Coffee Company Sdn Bhd (BStarbucks) has entered two separate sale and purchase agreements with Berjaya Times Square Sdn Bhd (BTS), a wholly-owned subsidiary of Berjaya Assets Bhd for the proposed acquisition of the units located on Level 10, Berjaya Times Square in Jalan Imbi, Kuala Lumpur.
Gamuda 1Q net profit down 29% q-o-q to RM152 mil; declares six sen dividend
Gamuda’s quarterly revenue also decreased by 15.74% to RM747.11 million from RM886.67 million in the immediate preceding quarter.
IOI Properties Group opens Palm Garden Hotel in IOI Resort City
According to a statement on Tuesday (Dec 21), the opening of the hotel marks the brand debut of Marriott Bonvoy’s Tribute portfolio in Malaysia.
