According to a bourse filing, the purchase was made through its wholly-owned subsidiary, GUH eBattery Sdn Bhd, from vendor Rich Court Estate Sdn Bhd. KUALA LUMPUR (March 28): Electronic circuit board maker and property company GUH Holdings Bhd (KL:GUH) has announced its acquisition of 27.22 hectares of land in Semenyih for RM71.76 million. According to…
Read MoreKUALA LUMPUR (March 27): With the proposed Urban Renewal Act (URA) set to be tabled in June, an expert has said the building age threshold should be higher than 30 years. The proposed Urban Renewal Bill by the Housing and Local Government Ministry has stipulated the consent threshold for participation to be 80% for buildings…
Read MoreCCC-ECRL recognises excellence of 18 local vendors for outstanding contributions to ECRL project “This year’s recipients continued to demonstrate exceptional performance in key areas, such as health, safety, and environment (HSE) management, quality assurance, project execution, and resource efficiency,” CCC-ECRL said. KUALA LUMPUR (March 26): China Communications Construction (ECRL) Sdn Bhd (CCC-ECRL) has honoured 18…
Read MoreLSH Capital plans to transform 10-acre KL Tower area into a tourism, retail and cultural destination LSH Capital has signed a 20-year lease agreement with the government to operate and maintain the Kuala Lumpur Tower and its surrounding areas. KUALA LUMPUR (March 26): Property developer and construction firm Lim Seong Hai Capital Bhd (LSH Capital)…
Read More“The expansion initiatives come at an opportune time, as the construction industry stands to benefit from government-led initiatives and spending, particularly in infrastructure development.” KUALA LUMPUR (March 25): Construction services firm Wawasan Dengkil Holdings Bhd (KL:DENGKIL) fell nearly immediately below its initial public offering (IPO) price in its ACE Market trading debut on Tuesday. Wawasan…
Read MoreAME Elite plans to allocate the majority of the proceeds towards further development of i-TechValley, as well as other industrial property projects and investments. KUALA LUMPUR (March 25): AME Real Estate Investment Trust (KL:AMEREIT) has entered into a deal on Monday to acquire three industrial properties from its sponsor, AME Elite Consortium Bhd (KL:AME), for…
Read MoreCyberview strengthens position, now fully controls largest landbank within Cyberjaya City Centre “This initiative will not only accelerate Cyberjaya’s transformation into a world-class tech and innovation ecosystem but also solidify Malaysia’s position as a key player in the global digital economy.” KUALA LUMPUR (March 25): Cyberview Sdn Bhd said it has strengthened its position in…
Read MoreHigh Court records consent judgement between Synergy Promenade and Shahrir over defamation regarding KL Vertical City project Following this consent judgement, Synergy Promenade withdrew its action against Shahrir and Felda. KUALA LUMPUR (March 25): The High Court on Tuesday recorded a consent judgement between Synergy Promenade Sdn Bhd and former Federal Land Development Authority (Felda)…
Read More“It is also surprising that several neighbourhoods that are generally considered mature and stable and have consistent land demand such as Kampung Baru, Taman Tun Dr Ismail, Setapak, Cheras and Kampung Pandan also have abandoned buildings.” KUALA LUMPUR (March 25): A total of 48 abandoned premises and buildings had been identified in the federal capital…
Read MoreKUALA LUMPUR (March 24): MGB Bhd (KL:MGB) has completed the structural phase of its Idaman Cahaya 2 project in U12 Shah Alam, marking the milestone with a roof-topping ceremony last Friday. The second phase of the Idaman Cahaya development, Idaman Cahaya 2 comprises 872 out of 1,853 residential units in the township. The event was…
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