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PAC Urges MARA to Prioritise Local Investments and Strengthen Oversight

"The Public Accounts Committee (PAC) urges MARA and its entities to prioritise local investments, strengthen financial management, and align property acquisitions with government policies following findings of overvalued purchases in London and Melbourne." Kuala Lumpur, 27th Nov 2024, 01.54pm - The Public Accounts Committee (PAC) has urged the Rural and Regional Development Ministry (KKDW), Majlis...

KL Wellness City Phase One 40% Complete, Anticipated by Q1 2026

"KL Wellness City’s first phase in Bukit Jalil, featuring KL International Tertiary Hospital and The Nobel Healthcare Park, is 40% complete and on track for full completion by Q1 2026. The RM900 million development includes medical suites, business spaces, and wellness-focused residences." Kuala Lumpur, 26th Nov 2024, 10.16am - The first phase of the KL Wellness City development in Bukit Jalil has...

Classita Holdings Eyes Property Investment for Business Diversification

"Berjaya Hartanah launches Oaka Residences in Bukit Jalil, offering premium condominiums with a GDV of RM373 million. Designed for families and professionals, the project boasts modern facilities and excellent connectivity." Kuala Lumpur, 25th Nov 2024, 02.44pm - Loss-making lingerie manufacturer Classita Holdings Bhd is exploring diversification into the property investment sector to boost its...

Berjaya Hartanah Launches Oaka Residences in Bukit Jalil with RM373mil GDV

"Berjaya Hartanah launches Oaka Residences in Bukit Jalil, offering premium condominiums with a GDV of RM373 million. Designed for families and professionals, the project boasts modern facilities and excellent connectivity." Kuala Lumpur, 22th Nov 2024, 02.44pm - Berjaya Hartanah Bhd, a wholly owned subsidiary of Berjaya Land Bhd, has officially launched its latest condominium development, Oaka...

Sime Darby Property Eyes Recurring Income Assets, Explores Carey Island Development

"Sime Darby Property explores recurring income assets and Carey Island land development in collaboration with SD Guthrie. Shares rise amid strategic plans." Kuala Lumpur, 21th Nov 2024, 02.22pm - Sime Darby Property Bhd (KL:SIMEPROP) is actively seeking high-quality assets that generate recurring income as part of its growth strategy, said Group Managing Director Datuk Seri Azmir Merican. Speaking...

Sarawak Receives RM51.55 Million for Infrastructure Upgrades in 2024

"Sarawak receives RM51.55 million from the Federal Ministry of Housing and Local Government for 233 public infrastructure projects in 2024. Additional funds were allocated for house repairs, tamu market upgrades, and safety initiatives to enhance urban livability and support the state’s development." Sarawak, 20th Nov 2024, 02.33pm - Sarawak has received an allocation of RM51.55 million from the...

Selangor to Finalize Slope Hazard Plan in 2024 for Safer Roads and Communities

"Selangor aims to complete its slope risk hazard plan for roads by 2024 to enhance monitoring and safety in high-risk areas like Hulu Selangor, Gombak, and Hulu Langat. Early warning systems and updated planning guidelines are being implemented to mitigate landslide risks and protect residents." Selangor, 19th Nov 2024, 11.47am - Selangor's slope risk hazard plan for roads, overseen by the Public Works...

S P Setia to Launch Ambrosia II Semi-Detached Homes in Setia Bayuemas, Klang

"S P Setia Bhd is launching Ambrosia II, featuring 38 freehold semi-detached homes in Setia Bayuemas, Klang, starting at RM1.75 million. These spacious units offer modern designs and are near schools, healthcare, and shopping centers, with completion slated for Nov 2026." Shah Alam, 15th Nov 2024, 11.15am - S P Setia Bhd is set to launch Ambrosia II, a new phase of freehold, semi-detached homes in its...

Scientex Bhd Launches RM1.5 Billion Sukuk Wakalah Programme for Expansion Needs

"Scientex Bhd initiates RM1.5 billion Sukuk Wakalah Programme to fund expansion, refinance debt, and bolster working capital with RHB as adviser." Kuala Lumpur, 14th Nov 2024, 2.52pm - Scientex Bhd, a key player in packaging solutions, has announced the establishment of a RM1.5 billion multi-currency Islamic medium-term notes programme, or Sukuk Wakalah, to support its growth initiatives. The sukuk...

Paragon Globe Secures RM733 Million Development in Iskandar Puteri

"Paragon Globe secures 67.42 acres in Iskandar Puteri for a RM733M residential project, boosting growth in the Johor-Singapore SEZ starting in 2025." Kuala Lumpur, 13th Nov 2024, 1.00pm - Paragon Globe Bhd (KL) has secured the rights to develop 67.42 acres of prime land in Iskandar Puteri, Johor, with a projected gross development value (GDV) of RM733.12 million. This development opportunity comes...

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