NCT Group tops out Grand Ion Majestic in Genting Highlands
With a gross development value of RM1.6 billion, GIM features three towers with a total of 1,885 serviced apartments and hotel rooms, as well as a retail space of 17,800 sq ft.
Grand Central Enterprises gets delisting proposal, exit offer at 46 sen per share
The offer price represents a premium of 28% from the last closing price.
Eversendai seals Abu Dhabi-based partner to supply steel beams for Trojena Ski Village project
Eversendai Corp Bhd (KL:SENDAI) has teamed up with a unit of Abu Dhabi-based Emirates Steel Arkan Group (ESA), for the development of the Trojena Ski Village project in Saudi Arabia.
Genting Plantations’ Jakarta land acquisition raises net debt — Kenanga
Genting Plantations Bhd’s (KL:GENP) recent acquisition of land in Bogor, Greater Jakarta, will increase its estimated end-FY2025 net debt of RM1.23 billion (22% net gearing) to RM1.58 billion (29% net gearing), which remains manageable.
Ingenieur Gudang reports higher 2Q profit on disposal gain, higher construction revenue
Construction company Ingenieur Gudang Bhd (KL:INGENIEU) reported a net profit of RM6.48 million for the second quarter of its financial year 2024 (2QFY2024), driven by gains from asset disposals and higher construction revenue.
Genting Plantations buys two Indonesian plots for RM593m for property development
Genting Plantations Bhd (KL:GENP), in which Genting Bhd (KL:GENTING) owns a 55.4% stake, is planning to buy two plots of land in Indonesia for RM593 million, for property development.
Trading of securities in Grand Central Enterprises to be halted next Monday, pending announcement
Trading of securities in Grand Central Enterprises Bhd (KL:GCE) will be suspended on Monday (July 22) from 9am to 5pm, pending the release of a material announcement.
Building Industry Presidents’ Council reinforces objection to HRD Corp’s mandatory levy collection
The Building Industry Presidents’ Council (BIPC) chaired by president Jeffrey Chiang Choong Luin has reinforced its objection towards the mandatory Human Resource Development Corp’s (HRD Corp) mandatory levy collection for the building industry, following the recent allegations of fund misappropriations.
Haily Group shares soar to new record high following contract win
Shares in Haily Group Bhd (KL:HAILY) surged on Friday to a new all-time high since the construction company's listing three years ago, after announcing a contract win.
Gamuda climbs to new peak, driven by A$1.6b job win in Australia and optimism in construction sector
Shares in Gamuda Bhd (KL:GAMUDA) surged to a new record high on Thursday, boosted by news that its joint venture (JV) in Australia secured a contract worth A$1.6 billion (RM5 billion) and renewed interest in construction stocks on Bursa Malaysia.
