Saturday, 28 March 2015

Malaysia daily - Sapura down, SP setia up



  •  Sapura Resources net profit down 13.7% to RM4.41m TM, NTPSB to develop flagship tech park in Iskandar Malaysia Gamuda’s pre-tax profit rises to RM229.8m due to ongoing construction projects, substantial unbilled sales of the property division and steady earnings from the water and expressway concession divisions (Source: Bernama)
  •  Econpile order book hits RM500m with IOI Rio City job- The contract is part of the IOI Rio City integrated development in Bandar Puteri Puchong which has an estimated GDV of RM6bn over 72 acres.(Source: Star Biz)
  •  TRC Synergy bags RM53.93m housing project- The contract was for the proposed construction and completion of the remaining and rectification works for 50 three-storey semi-detached houses, 10 double-storey semi-detached houses and associated works in Putrajaya. (Source: Bernama)
  •  SP Setia expects sales to pick up in 2H- The company derives 60% of its sales from the domestic market, has been hit by softening demand, as local buyers kept to the sidelines ahead of the implementation of the goods and services tax on April 1 amid worries about the health of the economy. 
  • Malakoff says no delays in Tanjung Bin power plant project


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