Property and Construction
Gamuda Secures RM3.7bn Keelung MRT Contract
Gamuda and MiTAC secured a NTD29.2bn MRT contract, increasing Gamuda's orderbook to RM63.9bn, enhancing its Taiwan infrastructure presence.
Category: Property and Construction
Housing
Survey Finds Waterproofing Failures After DLP Leave Homeowners Paying Thousands
Survey shows waterproofing failures after DLP burden homeowners with repeated repairs and high costs, highlighting need for long‑term solutions.
Property and Construction
MRCB Partners RUA AlHaram AlMakki for RM22.9b Makkah Development
MRCB partners RUA AlHaram AlMakki for RM22.9b Makkah project, integrating transport and mixed-use development under Saudi Vision 2030.
Property and Construction
Gamuda Secures RM2.28b Mortlake Solar Project, Orderbook Momentum Strong
Gamuda secures RM2.28b Mortlake solar project, boosting orderbook momentum; BUY call maintained with TP RM5.60 on strong pipeline.
Company
Inta Bina Secures RM221m Klang Project, Orderbook Momentum Strong
Inta Bina secures RM221m Klang project, boosting orderbook to RM645m; analysts maintain BUY with TP of RM0.79.
Property and Construction
Gamuda: Secures AUD624m NSW Road Upgrade
Gamuda Bhd's joint venture wins a AUD624m contract for road upgrades in Western Sydney, contributing to a RM62.5bn order book.
Property and Construction
Sime Darby Property: A Strong Quarter (SDPR MK, Outperform, TP: RM1.55)
Sime Darby Property’s 2QFY26 net profit soared to RM322.0m, driven by fair value gains and strong project billings.
Property and Construction
Matrix Concepts: Net Profit Within Expectations (MCH MK, Outperform, TP: RM1.40)
Matrix Concepts Holdings reported RM60.2m profit in FY27's first quarter, driven by improved property sales and land sales.
Stocks and Markets
Kelington Group: Laying the groundwork for 2027
Kelington's 1H26 earnings are promising, with a record order book indicating strong future performance and visibility through 2027.
Stocks and Markets
GDB Holdings Bhd: Results Within Expectations
GDB Holdings posts RM34.6m 1HFY26 profit, orderbook RM1.0bn; BUY call maintained with TP RM0.60 on strong tenderbook and diversification.
Property and Construction
S P Setia Posts Resilient Q2 FY2026 Results, Strengthens Industrial Portfolio
S P Setia posts RM864m Q2 sales, expands industrial portfolio in Penang, maintains resilience with reduced borrowings and stable gearing.
Property and Construction
OIB Expands Sustainable Affordable Housing Portfolio
OIB launches Gardens Idaman in Selangor, adding 616 affordable homes while integrating GreenRE-certified sustainable design features into its housing portfolio.
Analyst Report
Sunway REIT: Steady Performance (SREIT MK, Neutral, TP: RM2.35
Sunway REIT’s (SREIT) 2QFY26 realised net profit came in at RM106.5m (+10.3% YoY, -2.3% QoQ) which was slightly ahead of our estimates but largely…
Analyst Report
Kerjaya Prospek: Secures RM223m Building Contract in Johor (KPG MK, Outperform, TP: RM3.30)
Kerjaya Prospek Group (KPGB), through its wholly-owned subsidiary Kerjaya Prospek (M) Sdn Bhd, has accepted a RM223m fixed lump sum contract from Sunway Majestic…
Business News
Gamuda Expands Data Centre Portfolio With RM1.71bn Contract
Gamuda has been awarded a RM1.71bn contract to construct a single-storey hyperscale data centre (DC) in Port Dickson, Negeri Sembilan, for a US-based multinational…
Business News
Gamuda Secures RM1.71 Billion Follow-On Port Dickson Data Centre Contract
Gamuda won a RM1.71 billion hyperscale data centre contract in Port Dickson, lifting its order book to RM54 billion and reinforcing earnings growth prospects…