Data Center Projects Likely to Drive Malaysian Construction Sector in 2H

Dow Jones

Jul 15

0055 GMT - Malaysia's construction activity is expected to remain strong in 2H, driven by data center projects, with several major contracts likely to be awarded in coming months, Hong Leong IB analyst Brian Chin says in a note. He also expects a recovery in residential construction as developers resume new launches, while public infrastructure projects, including the Penang light rail transit and major water supply schemes, are expected to support contract flows. The sector's valuations have also become more attractive following a sector-wide selloff triggered by the Iran war, he adds. Hong Leong maintains an overweight rating on Malaysian construction sector, pegging Sunway Construction and IJM Corp. as top picks.(yingxian.wong@wsj.com)

(END) Dow Jones Newswires

July 14, 2026 20:55 ET (00:55 GMT)

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He also expects a recovery in residential construction as developers resume new launches, while public infrastructure projects, including the Penang light rail transit and major water supply schemes, are expected to support contract flows. The sector's valuations have also become more attractive following a sector-wide selloff triggered by the Iran war, he adds. <a href=\"https://laohu8.com/S/HLFBF\">Hong Leong</a> maintains an overweight rating on Malaysian construction sector, pegging Sunway Construction and IJM Corp. as top picks.(yingxian.wong@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 14, 2026 20:55 ET (00:55 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Data Center Projects Likely to Drive Malaysian Construction Sector in 2H</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nData Center Projects Likely to Drive Malaysian Construction Sector in 2H\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-07-15 08:55</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0055 GMT - Malaysia's construction activity is expected to remain strong in 2H, driven by data center projects, with several major contracts likely to be awarded in coming months, <a href=\"https://laohu8.com/S/HLFAF\">Hong Leong</a> IB analyst Brian Chin says in a note. He also expects a recovery in residential construction as developers resume new launches, while public infrastructure projects, including the Penang light rail transit and major water supply schemes, are expected to support contract flows. The sector's valuations have also become more attractive following a sector-wide selloff triggered by the Iran war, he adds. <a href=\"https://laohu8.com/S/HLFBF\">Hong Leong</a> maintains an overweight rating on Malaysian construction sector, pegging Sunway Construction and IJM Corp. as top picks.(yingxian.wong@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 14, 2026 20:55 ET (00:55 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DTCR","symbol_name":"Global X Data Center & Digital Infrastructure ETF","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2651480970","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2651480970","pubTimestamp":1784076900,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0055 GMT - Malaysia's construction activity is expected to remain strong in 2H, driven by data center projects, with several major contracts likely to be awarded in coming months, Hong Leong IB analyst Brian Chin says in a note. He also expects a recovery in residential construction as developers resume new launches, while public infrastructure projects, including the Penang light rail transit and major water supply schemes, are expected to support contract flows. The sector's valuations have also become more attractive following a sector-wide selloff triggered by the Iran war, he adds. Hong Leong maintains an overweight rating on Malaysian construction sector, pegging Sunway Construction and IJM Corp. as top picks. Dow Jones NewswiresJuly 14, 2026 20:55 ET Copyright  2026 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"DTCR":"Global X Data Center & Digital Infrastructure ETF","LYY.SI":"中云集团","BLOK":"Amplify Transformational Data Sharing ETF","BK6051":"信息科技咨询与其它服务"},"translate_title":"数据中心项目可能在下半年推动马来西亚建筑业发展","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DTCR":1.5,"BLOK":1.5,"LYY.SI":1.5},"content_text":"0055 GMT - Malaysia's construction activity is expected to remain strong in 2H, driven by data center projects, with several major contracts likely to be awarded in coming months, Hong Leong IB analyst Brian Chin says in a note. He also expects a recovery in residential construction as developers resume new launches, while public infrastructure projects, including the Penang light rail transit and major water supply schemes, are expected to support contract flows. The sector's valuations have also become more attractive following a sector-wide selloff triggered by the Iran war, he adds. Hong Leong maintains an overweight rating on Malaysian construction sector, pegging Sunway Construction and IJM Corp. as top picks.(yingxian.wong@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 14, 2026 20:55 ET (00:55 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}