Pesona’s job flow momentum appears to be picking up
Pesona Metro Holdings Bhd announced that it has been awarded a RM216.4 million contract from Gaya Kuasa Sdn Bhd for an affordable housing job in Bukit Jalil.
WCT’s job wins exceed expectations
In the near term, WCT is hopeful of securing a building job within the Tun Razak Exchange area.
S P Setia earnings prospects expected to remain intact
Moving forward, the focus is to ramp up local sales with launches in the group flagship townships.
SunCon’s order book surges to all-time high of RM6.7b
SunCon was awarded a RM74.8 million subcontract from Ahmad Zaki Sdn Bhd for works at the Bukit Bintang City Centre.
Gradual recovery expected for property sector
More land-banking exercises are expected going forward.
Sime Darby FY17 results beat expectations
RM140 million earnings contribution from the Battersea project.
Sunway continues expanding land bank
Sunway Bhd has entered into a joint venture agreement with Huatland Development Sdn Bhd with a 55% stake to form a JV company.
Purchase of Sunway Clio a positive for Sunway REIT
The proposed acquisition of the property is expected to be completed by the fourth quarter of 2017.
IGB REIT occupancy rate remains close to 100%
Renewals of leases expiring in 2017 for both Mid Valley Megamall and The Gardens Mall are largely completed with a healthy reversion of a mid-single digit.
Gamuda aims to add RM10 bil to order book over next two years
Key jobs eyed include the East Coast Rail Link (ECRL), MRT3, high-speed rail linking Kuala Lumpur to Singapore, and Pan Borneo Highway in Sabah.
