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New contract wins, impending mega project job rollouts put HSS Engineers in buoyant mood


New contract wins, impending mega project job rollouts put HSS Engineers in buoyant mood
10 Jun 2021 / 22:53 H.
HSS Engineers’ overseas projects include feasibility study and assistance for the development and management of highways in India. – HSS Engineers website
PETALING JAYA:
Engineering and project management consultant HSS Engineers Bhd is buoyant about its prospects in the current year on the back of new contract wins and anticipated rollout of new contracts for ongoing mega infrastructure projects in the second half of the year.
The group is tendering for RM437 million worth of infrastructure projects in rail, road, and water sectors. The projects in the tender book are engineering services (RM265 million), project management (RM162 million), and building information modeling services (RM10 million). ....

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Jacobs Secures Consultant Role on Malaysia-Singapore Rapid Transit System


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DALLAS, May 5, 2021 /PRNewswire/  Jacobs (NYSE:J) was selected by RTS Operations Sdn Bhd to deliver systems consultancy services to help shape the future of rapid transit between Malaysia and Singapore and redefine the travel experience of tens of thousands of passengers who make the trip between the two cities across the strait on a daily basis.
As systems consultant, Jacobs will leverage leading digital design, compliance and risk management, and asset management tools to deliver consultancy services for the design, manufacturing, delivery, testing and commissioning of all systems for a new 2.5-mile (4-kilometer) light rail line – the Johor Bahru to Singapore Rapid Transit System (RTS) Link ....

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Stronger pipeline to boost deal flow


Ample liquidity, continued fiscal spending, favourable monetary policies are expected to spur the capital market activity.
But much of these also hinges on the economic recovery amid the Covid-19 pandemic.
Maybank Investment Bank CEO Fad’l Mohamed told StarBiz (pic below) that the ongoing Covid-19 pandemic over the past 12 months has shown the resilience of Malaysia’s capital markets, which would continue to remain broad and deep enough to support capital raising activities.
He expects investment banking activity this year to improve after the pandemic delayed key pipeline deals last year.
“With the recovery in global equity markets, we expect the key pipeline deals to continue growing as clients look for opportunities to raise equity capital. ....

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