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Business

Baru: No decision yet on changing highway’s model

PETALING JAYA: No definitive decision has been made yet to ditch the project delivery partner (PDP) model for the Pan Borneo Highway in favour to turnkey contractor model, says Works Minister Baru Bian.

Metro News

Boost for IBS construction method

PROPERTY developer LBS Bina Group Bhd will be able to build up to 4,000 affordable properties a year following the commissioning of its RM40mil industrialised building system (IBS) precast concrete plant in Nilai.

Construction

MRCB stepping up game in construction industry with MBS

KUALA LUMPUR: Malaysian Resources Corporation Bhd (MRCB) is stepping up the game in the construction industry by eyeing to introduce the country’s first volumetric building system by year end.

Nation

Govt to use IBS tech for affordable homes

NILAI: The use of industrial building system (IBS) technology in all public affordable housing projects will not only help meet the government’s target to build a million such homes in the next decade but will reduce its dependency on foreign workers.

Nation

Zuraida: All affordable housing to be built using IBS system by 2024

NILAI: All government affordable housing projects would be built using industrialised building system (IBS) technology by 2024, says Housing and Local Government Minister Zuraida Kamaruddin.

Metro News

Affordable housing project gets digital IBS treatment

THE Idaman Residensi apartments, a digital Industrialised Building System (IBS) project under the Rumah Selangorku initiative in Selangor Cyber Valley, was recently launched by Mentri Besar Amirudin Shari.

Business

Kimlun pots net profit of RM61m in FY18

KUALA LUMPUR: Kimlun Resources Bhd posted lower net profit of RM61.14mil for its financial year ended Dec 31, 2018 but it remained positive for 2019 as its order book was expected to support its performance.

Business

YKGI expanding to Peninsular Malaysia

KUCHING: YKGI Holdings Bhd, which owns manufacturing facilities in Sarawak and Sabah which produce metal roofing products, is expanding to Peninsular Malaysia.

Metro News

Optimising use of land

THE Selangor government plans to inject new life into old housing areas through an urban redevelopment programme.

Business

SCIB provides up to RM11mil for impairment

But company says it will unlikely affect its operating cash flow