Construction
22 stories · All topics →
Bursa Malaysia Pulls Back as Investors Shift Focus to Smaller-Cap Stocks
The benchmark FBM KLCI index dipped on September 18 as market activity pivoted toward technology and construction counters.
PTT Synergy Bags RM83 Million Contract for Bandar Bukit Raja Development
The construction firm will handle critical earthworks for Sime Darby Property’s latest business park expansion in Klang.
Citaglobal Secures RM82 Million Contract for Lembah Pantai Student Housing
The construction firm will lead the design and completion of a new residential college at the Institut Pendidikan Guru Kampus Bahasa Melayu.
Vestland Secures RM410 Million Contract for Kuala Lumpur Commercial Towers
The construction firm will oversee superstructure works for a major high-rise development on Jalan Ampang.
Paragon Globe Secures RM45 Million Johor Data Centre Earthworks Contract
The construction firm will handle site preparation and retaining walls for a new data centre development in the southern state.
RHB Investment Bank Forecasts RM83 Billion Development Allocation for Budget 2027
Analysts expect a robust development expenditure target for the upcoming federal budget to drive infrastructure connectivity and economic growth.
East Malaysia Faces Construction Cost Pressure Amid Mixed National Price Trends
While steel prices trended downward, rising costs for sand and cement in East Malaysia pose new challenges for the local construction sector.
RAM Ratings Affirms Sunway Berhad’s Robust Financial Standing with AA1 Credit Rating
The rating agency cites Sunway’s diversified business model and strong earnings visibility as key factors behind the high-tier credit assignment.
Kerjaya Prospek Target Price Lifted After Securing Maiden Data Centre Contract
RHB Research raises target price for the construction group following a record-breaking RM858 million data centre win in Johor.
Kerjaya Prospek Secures RM858 Million Contract for Johor Data Centre
The construction firm marks its entry into the data centre sector with a major mechanical, electrical, and plumbing project in Iskandar Puteri.
Bursa Malaysia Holds Steady As Market Eyes BNM Policy Rate Decision
Local equities see modest gains at midday as investors anticipate the central bank’s upcoming stance on interest rates.
MRCB Faces Earnings Headwinds As Analysts Cut Rating Amid Recovery Delays
Hong Leong Investment Bank has downgraded Malaysian Resources Corporation Bhd following a significant quarterly loss and a sluggish outlook for project contributions.
IJM Corp Sees Share Price Boost Following Strong Data Centre Construction Gains
Analysts have upgraded their targets for IJM Corp as the construction giant reaps the rewards of Malaysia’s booming data centre development sector.
Cahya Mata Sarawak Price Target Cut Amid Commercialisation Delays
MBSB Research lowers its target price for the infrastructure giant as phosphate project setbacks overshadow cement sector gains.
IJM Construction secures RM1 billion in high-tech manufacturing facility contracts
The construction giant will deliver two fast-track projects focused on the semiconductor and medical technology sectors.
Geohan Corp Wins RM37 Million Contract for KL High-Rise Residential Project
The specialist contractor has been appointed by Chin Hin to lead earthworks and sub-structure construction for a new Kuala Lumpur serviced apartment development.
Bintai Kinden Secures PLUS Tender for 103-Acre Melaka Development Project
The engineering firm will lead the development of two plots of land in Ayer Keroh following a successful tender bid.
Gamuda Boosts Scholarship Fund to RM39 Million as Regional Footprint Grows
The construction group is scaling its talent development programme to meet rising demand for engineering and leadership expertise.
Gamuda Secures RM2 Billion in New Contracts, Boosting Earnings Outlook
Major investment banks maintain positive ratings for Gamuda Bhd following a significant expansion of the company’s unbilled order book.
ETA Group Wins RM13 Million Rawang Industrial Construction Projects
ETA Group Bhd’s subsidiary has signed two agreements to build industrial factory and warehouse facilities in Selangor.
Kerjaya Prospek Secures RM223 Million Contract, Boosting Yearly Wins
The construction firm has reached RM2.37 billion in new contracts for the year after securing a major building project from Sunway Majestic.
West River Secures RM22.56 Million Electrical Subcontract in Johor Data Centre
The subsidiary of West River Bhd will undertake electrical works for a new consumer landing station located in the SILC Industrial Area.
