Ekovest-Samling JV bags RM2.1 bil Pan Borneo Highway job
Ekovest said its wholly-owned subsidiary Ekovest Construction Sdn Bhd has entered into a JV and shareholders agreement with Samling Resources for the proposed project.
Bandar Malaysia construction jobs could hit RM50 bil
Overall, the site covers a total area of 486 acres (196.7ha), which is almost five times the size of the Kuala Lumpur City Centre’s site including the surrounding park.
RHB strategy for 2017: What will hold this retail REIT steady amid a dismal outlook?
RHB is maintaining its “buy” call on Frasers Centrepoint Trust (FCT) with a target price of $2.22 despite foreseeing a challenging retail outlook for 2017, as the research house is confident in the REIT’s management as well as suburban mall portfolio.
CapitaLand in alleged lease dispute with UK art gallery
Franses Gallery, a London-based UK art gallery, says it is currently in the midst of a “bitter [court] dispute” with CapitaLand over a new 15-year lease of purpose-built premises within the Singapore-listed property developer’s Ascott-branded Cavendish Hotel.
Vivocom wins jobs worth RM71.3 mil
The project will be completed within 15 months from the date of commencement.
Looking ahead into a lacklustre property sector
The House Price Index (HPI) grew by 5.3% year-on-year (y-o-y) to 235.4 in the second quarter of calendar year 2016 (2Q16), which is significantly lower than the five-year average growth of 9.3%.
Less job awards but better construction earnings expected
The construction sector is expected to remain a bright spot amid the less-than-rosy prospects of the wider domestic and global economies — which are facing a multitude of uncertainties…
