Vestland bags RM195m earthwork contract for Kota Bharu-Kuala Krai Expressway
Vestland Bhd (KL:VLB) has secured a RM195.35 million contract to undertake earthworks for the Kota Bharu–Kuala Krai Expressway project in Kelantan.
Maxim Global buys land in Subang Jaya for RM95 mil
Maxim Global Bhd (KL:MAXIM) said it is acquiring 5.81 acres of freehold land in Subang Jaya for RM95 million or RM375.25 per sq ft.
Sentoria CEO Loh Yuen Tuck resumes duties after one-month suspension
Sentoria Group Bhd (KL:SNTORIA) announced on Friday that its chief executive officer (CEO) Datuk Loh Yuen Tuck will resume his duties immediately after a one-month suspension, due to alleged misconduct.
Haily bags RM54m residential construction job in Johor
Builder Haily Group Bhd (KL:HAILY) has secured a RM53.72 million contract from Venice View Development Sdn Bhd to build 221 units of two-storey houses, three units of Tenaga Nasional Bhd (TNB) sub-stations and a TNB main switch station in Pulai, Johor.
Land sales lift Crescendo’s net profit to record high of RM289 million in 1QFY2025
Land sales in Pulai, Johor, totaling RM219 million to data centre operators have boosted Crescendo Corp Bhd’s net profit to a record high for the first quarter ended April 30, 2024 (1QFY2025).
MARC downgrades YNH's sukuk to BBIS, with negative outlook
MARC Ratings Bhd has downgraded YNH Property Bhd's (KL:YNHPROP) Islamic Medium-Term Notes Programme (Sukuk Wakalah) to BBIS with a negative outlook in a move that it says reflects heightening concerns over the group's business and financial prospects.
Gamuda's 3Q profit rises 6% to RM235.8m, driven by overseas projects
Gamuda Bhd’s (KL:GAMUDA) net profit rose 5.56% to RM235.8 million for the third quarter ended April 30, 2024 (3QFY2024), from RM223.37 million in the previous year’s corresponding quarter, as it registered higher contribution from overseas projects.
Solarvest, GreenRock to develop 1GW green energy projects in Taiwan, Malaysia
Through this collaboration, GreenRock Energy aims to accelerate its regional expansion by harnessing Solarvest’s expertise in Malaysia and the Southeast Asia market amid heightened demand for RE.
Gamuda's core profit may have risen up to 12% in 3Q — RHB
Gamuda Bhd’s (KL:GAMUDA) core net profit may have risen between 3% and 12% in the third quarter from a year ago, driven by better billings from overseas projects, according to RHB Investment Bank.
IJM unit clinches two building projects worth RM962m
IJM Corp Bhd (KL:IJM) through its wholly owned unit IJM Construction Sdn Bhd has clinched two contracts totalling RM962.3 million.
