Noteworthy:
When: June 2023
Advancecon Holdings Bhd has secured RM21.19 million in subcontract work from China Communications Construction (ECRL) Sdn Bhd (CCC-ECRL).
Malaysia Airports Holdings Bhd (MAHB) has announced that a consortium consisting of ALSTOM Transport Systems (Malaysia) Sdn Bhd, IJM Construction Sdn Bhd (IJMC) and Pestech Technology Sdn Bhd will be completing the aerotrain replacement project.
Sarawak Consolidated Industries Bhd (SCIB) is in talks with the Sarawak state government over a potential land acquisition, the company said in response to an unusual market activity (UMA) query issued on Wednesday, after its shares hit limit down for the second consecutive day.
Stocks associated with businessman Datuk Dr Yu Kuan Chon continued to endure selling pressure, with both Rapid Synergy Bhd and YNH Property Bhd hitting limit down once again shortly after Wednesday's trading began.
The latest RM111.8 million property construction job win by Kerjaya Prospek Group Bhd from sister company Kerjaya Prospek Property Bhd (KPPROP) is within its anticipated contract replenishment of RM1.5 billion to RM1.6 billion this year, analysts said.
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Shares of Sarawak Consolidated Industries Bhd (SCIB) plunged 30 sen or 35.93% in Wednesday's morning session, hitting limit down for the second consecutive day, erasing all gains in the last three months.
Chin Hin Group Property Bhd (CHGP) is acquiring six parcels of land in Melaka for RM41.94 million, cash, to develop a residential project with an expected gross development value of RM1.01 billion.
Builder Kanger International Bhd has cancelled a March 2021 proposal to award a RM478 million contract to Vegetta Champion Sdn Bhd to carry out the construction of the foundation and main building works of a serviced apartment project in Genting Highlands, Pahang.
BLD Plantation Bhd has acquired two properties in Bintulu, Sarawak, for RM24 million for its business expansion.
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