TRC Synergy clinches RM249 mil construction job in Putrajaya
Construction outfit TRC Synergy Bhd (KL:TRC) has secured a RM249 million contract to build new complex buildings in Precint 5, Putrajaya.
Construction outfit TRC Synergy Bhd (KL:TRC) has secured a RM249 million contract to build new complex buildings in Precint 5, Putrajaya.
Malaysian real estate investment trusts (M-REITs) are expected to remain supported into 2026 by lower interest rates and catalysts from the Visit Malaysia 2026 (VM2026) tourism campaign, said Hong Leong Investment Bank (HLIB).
Malaysia’s construction industry is expected to expand at an average annual rate of 4% between 2026 and 2029, supported by sustained public and private investment in housing, oil and gas supply chains, and digital infrastructure, according to the latest Construction Market Insights report by Linesight.
The 25th International Architecture, Interior Design and Building Exhibition (Archidex 2026) aims to surpass total business transactions of RM1.4 billion generated in 2025, and expects around 40,000 visitors.
Shares of Sunway Bhd (KL:SUNWAY) and IJM Corporation Bhd (KL:IJM) ended Tuesday on a mixed note as investors weighed Sunway's proposed RM11 billion cash-and-share takeover of IJM against the group’s upcoming healthcare listing.
Kumpulan Jetson Bhd (KL:JETSON) is disposing of its entire equity interest in GRP Sdn Bhd, an indirect wholly owned subsidiary, for a total consideration of RM14.8 million, as part of a portfolio rationalisation exercise.
Sarawak-based oil palm planter Rimbunan Sawit Bhd (KL:RSAWIT) is disposing of a 1,504-hectare parcel of plantation land in Miri for RM28 million, cash, as it moves to exit the remote estate that has been weighing on its operating efficiency and profitability.
Selangor Dredging Bhd (KL:SDRED) is acquiring a freehold commercial land in Petaling Jaya for RM63 million to expand its land bank, with the site earmarked for a proposed development carrying an estimated gross development value (GDV) of RM507 million.
Sunway Bhd (KL:SUNWAY) said on Thursday that its unit has proposed a sukuk wakalah programme of up to RM10 billion to fund working capital and refinancing of borrowings.
Scheduled for Feb 7 and 8, the tour will focus on the theme “Future Culture” and is open to the public.