KUALA LUMPUR (Jan 12): Eonmetall Group Bhd’s wholly owned subsidiary Eonmetall Land Sdn Bhd (ELSB) has received a notice of award and offer for compensation from the district and land office of Klang for invoking the compulsory acquisition of 0.9 hectare of industrial land for RM30.41 million. In a filing with Bursa Malaysia on Friday,…
Read MoreKUALA LUMPUR (Jan 15): Analysts have kept “buy” calls on IJM Corp Bhd following the latest acquisition for its second property project in the UK, which entails a redevelopment for 811 homes and 150,000 sq ft of mixed-use space in Hertfordshire. Another acquisition by IJM for a 25% stake in the Shah Alam International Logistics…
Read MoreKUALA LUMPUR (Jan 15): SkyWorld Development Bhd has achieved another significant milestone with SkyBlox @ SkySanctuary project in Setapak by attaining a “record-high” QLASSIC rating of 86%. This marks the highest rating ever attained by the company and underscores the exemplary workmanship quality of the building construction, adhering to the Construction Industry Standard (CIS 7:2006)…
Read MoreKUALA LUMPUR (Jan 15): The Urban Renewal Implementation Guidelines (GPP PSB) introduced by KPKT last September stand as a pivotal reference for developers and stakeholders who are interested in urban renewal projects. With the new Urban Renewal Act expected to be tabled this year, GPP PSB is more than just a manual. It functions as…
Read MoreCommercial property, particularly the older buildings in the central business district of Kuala Lumpur, likely to see lower demand. (Bernama pic) PETALING JAYA: Selected areas and segments of the property market in Malaysia are expected to perform well in 2024, but elsewhere there are areas of concern. Industry experts expect to see sales improve as…
Read MoreKUALA LUMPUR (Jan 12): YNH Property Bhd has revealed that it is exploring proposals to sell certain landed properties of the company and its subsidiaries in response to an unusual market activity (UMA) query from Bursa Malaysia. The property developer, however, said that these proposals are still under discussion, and it would be more appropriate…
Read MoreKUALA LUMPUR (Jan 12): Tuju Setia Bhd has bagged a RM209 million contract from Avaland Bhd (previously known as MCT Bhd) for the construction of two blocks of service apartments in USJ 25, Subang Jaya. The Alora Residences project is slated to be completed in 33 months with work tentatively scheduled to commence in the…
Read MoreKUALA LUMPUR (Jan 11): Both Rapid Synergy and Imaspro Corp Bhd, which received unusual market activity (UMA) queries from Bursa Malaysia on Wednesday (Jan 10), have responded to the local stock exchange operator. In response to Bursa’s query on Thursday, industrial mould manufacturer Rapid Synergy said its management is currently considering proposals to sell certain…
Read MoreKUALA LUMPUR (Jan 12): Magna Prima Bhd, which drew the attention of Bursa Malaysia Securities Bhd following a spike in its share price over the last three days, said it is in “final stage of negotiations for the monetisation of one of its land bank”. In a reply to the stock market regulator’s unusual market…
Read MoreAs part of Ascott’s expansion strategy in Malaysia, the brand has launched several properties across the country by AKMAR ANNUAR IN 2022, CapitaLand Investment Ltd’s branch, The Ascott Ltd, introduced Ascott Star KLCC in Kuala Lumpur (KL) — a luxurious serviced apartment that stands among the city’s tallest buildings. This elegant 58-storey property, formerly known…
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