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GEORGE TOWN: The value of construction jobs to be given out in the country in 2017 is projected to be around RM200bil, compared to RM229bil in 2016.
KUALA LUMPUR: The Construction Industry Development Board (CIDB) has asked the Government to reduce taxes for construction machinery for the industrialised building system (IBS) projects to between 0% and 5% in Budget 2018.
KUALA LUMPUR: Construction company Vizione Holdings Bhd will acquire an entire equity stake in Wira Syukur (M) Sdn Bhd (WSSB) for RM280mil. The company today obtained the green light at its EGM today to pursue with the proposed acquisition.
PETALING JAYA: Property development company Titijaya Land Bhd’s subsidiary, Aman Kemensah Sdn Bhd has been awarded the High Qlassic Achievement Awards 2017 for its Embun @ Aman Kemensah project.
PUTRAJAYA: The construction industry should be prepared to adopt the industrialised building system (IBS) within three years before it is made mandatory, said Deputy Prime Minister, Datuk Seri Dr Ahmad Zahid Hamidi.
KUALA LUMPUR: CIMB Equities Research is overweight on the construction sector and picks Gamuda as a major proxy for new rail contracts for rail contract in the secone half of 2017 with potentially RM10bil worth of job wins per annum over the next three years.
KUALA LUMPUR: JF Apex Research expects Yinson, Petronas Chemicals, Sunsuria and Willowglen to be among the stocks to watch on Thursday after their corporate announcements.