MOF: EPF books RM24m in provision for London’s Battersea project following IFRS 17 accounting standard treatment The Ministry of Finance (MOF) said the provision was attributed to EPF’s 20% stake in the JV firm Battersea Project Holding Company Ltd (BPHCL). KUALA LUMPUR (Nov 16): The Employees Provident Fund (EPF) has set aside a provision of…
Read MoreDigital Minister Gobind Singh Deo said hosting this event will be a significant step for Malaysia as it continues to develop its capabilities in digital city technologies. BARCELONA (Nov 5): Malaysia will be the first Southeast Asian country to host the Smart City Expo (SCE) in Kuala Lumpur from Sept 17-19, 2025. It highlights the…
Read MoreDigital Minister Gobind Singh Deo said hosting this event will be a significant step for Malaysia as it continues to develop its capabilities in digital city technologies. BARCELONA (Nov 5): Malaysia will be the first Southeast Asian country to host the Smart City Expo (SCE) in Kuala Lumpur from Sept 17-19, 2025. It highlights the…
Read MoreNga calls for global support of people-public-private partnership for sustainable cities Speaking at the 12th World Urban Forum Business Assembly in Cairo, Egypt Housing and Local Government Minister Nga Kor Ming said a better quality of life for the citizens cannot be delivered without the full participation of the private sector. KUALA LUMPUR (Nov 5):…
Read MoreBank Negara Malaysia: “At the current OPR level, the monetary policy stance remains supportive of the economy and is consistent with the current assessment of inflation and growth prospects.” KUALA LUMPUR (Nov 6): Bank Negara Malaysia (BNM) has kept the overnight policy rate (OPR) unchanged at 3% as widely expected as it noted the continued…
Read MoreKUALA LUMPUR (Nov 16): The Employees Provident Fund (EPF) has set aside a provision of RM24 million following an accounting adjustment at its Battersea joint venture (JV) firm. The Ministry of Finance (MOF) said the provision was attributed to EPF’s 20% stake in the JV firm Battersea Project Holding Company Ltd (BPHCL). BPHCL has, in…
Read MoreTuju Setia gets RM411m job to build mixed high-rise, landed homes in Kelana Jaya for Sunway Serene 2 The contract involves two blocks of 45-storey serviced apartments with nine levels of podium carparks and two levels of facilities, while the landed properties comprise two rows of two-storey super link residential units and a row of…
Read MoreKUALA LUMPUR (Nov 5): Construction firm Aneka Jaringan Holdings Bhd (KL:ANEKA) has secured a RM39 million contract to undertake earthwork, piling, pile caps and contiguous bored piling works in Jalan Pantai Sentral, Kuala Lumpur. The three-phase contract was awarded to its wholly-owned subsidiary, Aneka Jaringan Sdn Bhd, by GDP Architects Sdn Bhd on behalf of…
Read MoreKUALA LUMPUR (Nov 5): TCS Group Holdings Bhd (KL:TCS) has secured a RM86.38 million contract from Sime Darby Property Bhd (KL:SIMEPROP) for the construction of 60 units of two-storey semi-detached factories at the Elmina Business Park in Sungai Buloh. The two-year contract will commence in December, said TCS, adding that it will fund the works…
Read MoreHence, a three-member COA bench is set to hear the appeals in the historically long-standing land dispute on Thursday — with two appeals on Semantan Estate’s side and one by the FT Land Registrar — which could affect the outcome of the 263.27-acre (106.54-hectare) prime land. KUALA LUMPUR (Nov 5): The liquidator of Semantan Estate…
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