KUALA LUMPUR (Dec 12): GDB Holdings Bhd (KL:GDB), which specialises in high-rise construction projects, said it has bagged a RM298 million contract to build a logistics warehouse in Bandar Bukit Raja 2, Klang. The Main Market-listed company said its subsidiary, Grand Dynamic Builders Sdn Bhd, was awarded the contract by SDPLOG1 (My Holdings) Sdn Bhd,…
Read MoreUnder the MOU, NCT Group and the MEIA will focus on connecting the NSIP with stakeholders from the Guangdong province through investor relations programmes. KUALA LUMPUR (Dec 13): NCT Group of Companies signed a memorandum of understanding (MOU) with the Malaysia Enterprises Investment Association (MEIA) to attract investment from the Guangdong province of China to…
Read MoreThe real estate developer said its wholly owned unit, Tanah Bayumas Sdn Bhd, has signed a sale and purchase agreement (SPA) with Prismaworld Embassyview Sdn Bhd to purchase the land and six blocks of five-storey condominium buildings with a sub-basement one-storey car park, according to a filing on Thursday. KUALA LUMPUR (Dec 12): Paramount Corp…
Read MoreHousing and Local Government (KPKT) Deputy Minister Datuk Aiman Athirah Sabu: “These actions include blacklisting the developer and its board members since they were classified as problematic on March 18, 2023, blocking the developer from applying for a new Advertising and Sales Permit (APDL) until the current project is completed with the Certificate of Completion…
Read More168 Park Mall is part of the RM1.12 billion 168 Park Selayang leasehold mixed-development. Previously an abandoned project known as Selayang Star City, the project was revived and renamed by the white knight Infra Segi. KUALA LUMPUR (Dec 12): 168 Park Selayang Sdn Bhd, a subsidiary of Infra Segi Sdn Bhd, on Thursday announced the…
Read MoreKUALA LUMPUR (Dec 12): KIP Real Estate Investment Trust (KIP REIT) has completed the RM320 million acquisition of D’Pulze Shopping Centre in Cyberjaya. In a statement on Thursday, KIP REIT said the acquisition of D’Pulze Shopping Centre, which generated a net property income (NPI) of RM22.8 million and an attractive yield of 7.1% in its…
Read MoreWith the new wins, Kitacon’s outstanding order book has increased to RM1.4 billion. KUALA LUMPUR (Dec 12): Kumpulan Kitacon Bhd (KL:KITACON) said on Thursday it had secured two building works contracts worth a total of RM203.9 million. One of the contracts involves the construction of 237 landed houses and ancillaries for RM143 million at the…
Read MoreSkyWorld Healthy Home: How to tackle hidden pollutants and make smarter air quality choices “To improve indoor air quality, we often make the wrong choices. We close windows, turn on air-conditioners, and rely on air purifiers. While these devices may seem helpful, they can harm our health.” KUALA LUMPUR (Dec 11): As modern lifestyles trend…
Read MoreKUALA LUMPUR (Dec 11): Solid Automotive Bhd (KL:SOLID) said it is acquiring 4.69 acres of freehold land in Klang from Top Glove Corp Bhd (KL:TOPGLOV) for RM15.92 million. The automotive electrical parts group said its wholly-owned subsidiary, Part Center Sdn Bhd (PCSB), signed a letter of offer issued by Top Quality Glove Sdn Bhd, a…
Read MoreKUALA LUMPUR (Dec 11): The Ministry of Energy Transition and Water Transformation (Petra) sees electricity supply demand for data centres increasing to 20.9 gigawatts (GW) by 2040. Deputy Minister Akmal Nasrullah Mohd Nasir (pictured) said the estimate was obtained from the Planning, Implementation and Electricity Supply and Tariff Committee Meeting, which also projected electricity supply…
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