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ECRL-related projects to boost socio-economic activities in various sectors, says Mida

Apr 15, 2024

KUALA LUMPUR (April 15): East Coast Rail Link-Economic Accelerator Projects (ECRL-EAPs) are set to boost socio-economic activities within various sectors, such as construction, tourism, trade and industrial development, said the Malaysian Investment Development Authority (Mida). The ECRL-EAPs are infrastructure projects started in April 2019, in collaboration with Mida and China Communications Construction Company. Mida emphasised…
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Solarvest to install solar system covering 273,300 sq ft of mall’s rooftop and car park in PJ

Apr 15, 2024

KUALA LUMPUR (April 15): Bandar Utama City Centre Sdn Bhd has appointed Solarvest Energy Sdn Bhd, a subsidiary of Solarvest Holdings Bhd, to install on-site solar photovoltaic panels and building-integrated PV panels at the 1 Utama Shopping Centre. The solar power system, reportedly the largest in Malaysia, will cover 273,300 sq ft of the mall’s…
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Kumpulan Kitacon secures LOA worth RM135 mil for building works in Ijok

Apr 15, 2024

KUALA LUMPUR (April 15): Kumpulan Kitacon Bhd has secured a letter of award (LOA) of main building works for a contract worth RM134.8 million in Ijok, Selangor. In a bourse filing on Monday, Kitacon said its unit Kitacon Sdn Bhd has accepted the LOA from Tropicana Alam Sdn Bhd for the proposed construction and completion…
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Gamuda Land partners Kiddypedia to introduce place-based, play-based learning centres at Gamuda Gardens, twentyfive7

Apr 12, 2024

KUALA LUMPUR (April 12): Gamuda Land, the property arm of Gamuda Bhd, signed a memorandum of agreement on April 6 with Kiddypedia, an educational event company, to introduce Kiddypedia Discovery Centres at the developer’s townships, namely Gamuda Gardens in Rawang and twentyfive7 in Telok Panglima Garang, according to a press statement on Friday. The Kiddypedia…
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Market transactions of high-rises show favourable trend towards small-size units

Apr 11, 2024

As compact condo units continue to mushroom, are they gaining the popularity perceived by the industry? Is there increasing demand to encourage the development of even more small sky units? Whether you are driving in Kuala Lumpur or Selangor, it’s hard to miss the sight of new condos emerging or billboards advertising the latest strata…
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SkyWorld Development may extend upward trajectory, says Rakuten Trade

Apr 9, 2024

KUALA LUMPUR (April 9): Rakuten Trade said SkyWorld Development Bhd may extend its upward trajectory after breaking out from the pennant pattern on Monday. In a technical view note on Tuesday, the research house said that given the supportive technical reading in the relative strength index along with improving exponential moving averages (EMAs), coupled with…
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Appellate court rules hotel liable for death of Chinese tourist in pool

Apr 9, 2024

He said the appellate court was of the view that the hotel had admitted to negligence, as its general manager Michael Monks had proposed a settlement. PUTRAJAYA (April 9): The Court of Appeal has ruled that a five-star hotel in Kuala Lumpur is liable for the death of a Chinese national at its swimming pool seven years…
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Govt introduces tiered pricing for green electricity with lower tariffs

Apr 9, 2024

KUALA LUMPUR (April 9): The Ministry of Energy Transition and Water Transformation has introduced a new tiered pricing mechanism with lower rates for the Green Electricity Tariff (GET) programme set to a quota of 6,600 gigawatt-hours (GWh) this year. The new rates are set at 10 sen per kilowatt-hour (kWh) for domestic and non-domestic low-voltage users,…
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Why the open plan concept gained popularity in Malaysia

Apr 9, 2024

Property developers push the concept of open plans as a way to deter from the space’s small square footage. Open plan living has emerged as a dominant design in Malaysian real estate. Though many were initially drawn to its sleek and airy appearance, the question remains whether an open-plan layout is really the best option…
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Inta Bina wins RM348.92m job for mixed development project in Shah Alam

Apr 9, 2024

KUALA LUMPUR (April 9): Inta Bina Group Bhd has secured a contract worth RM348.92 million for a mixed development project in Shah Alam, Selangor. In a bourse filing on Monday, the construction outfit stated that its wholly owned subsidiary Inta Bina Sdn Bhd had accepted the letter of award from Eco Ardence Sdn Bhd to…
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