"TCS Group secures RM116.58 million contract from SP Setia subsidiary for affordable housing in Klang, boosting its order book and earnings visibility. Completion by 2027." Kuala Lumpur, 01st Oct 2024, 11.41am - TCS Group Holdings Bhd has been awarded a RM116.58 million contract from a subsidiary of SP Setia Bhd. The contract involves construction and infrastructure works for 561 affordable housing...
"Malaysia’s AWS Region, valued at RM29.2 billion, is projected to boost GDP by RM57.3 billion by 2032, creating 3,500 jobs, says Prime Minister Anwar Ibrahim." Kuala Lumpur, 27th Sept 2024, 01.35pm - The government anticipates that the projected RM57.3 billion contribution to Malaysia's GDP from the Amazon Web Services (AWS) Asia Pacific (Malaysia) Region could be accelerated to 2032, instead of...
"Harn Len Corp Bhd signs RM55 million land sale in Johor Bahru, gaining a 71.88% premium, and allocates proceeds for capital expenditure and operations." Johor, 25th Sept 2024, 01.45pm - Harn Len Corp Bhd, a plantation company, announced on Tuesday that it has signed a sale and purchase agreement (SPA) to sell a piece of land in Johor Bahru for RM55 million. The SPA was executed between Harn Len’s...
"KL subsidence on Jalan Sultan Ismail, caused by a burst pipe, is under repair with completion expected within 24 hours, according to Air Selangor." Kuala Lumpur, 23th Sept 2024, 01.17pm - The Kuala Lumpur Fire and Rescue Department (JBPM) reported that the subsidence on Jalan Sultan Ismail, which was widely shared in a viral video, was caused by a burst underground pipe early Monday morning. Senior...
"Forest City SFZ incentives expected to drive Iskandar Malaysia's property growth, with potential benefits for developers like UEM Sunrise, Sunway, and EcoWorld." Kuala Lumpur, 23th Sept 2024, 01.17pm - The recently announced incentives for Forest City’s Special Financial Zone (SFZ) are anticipated to boost the real estate sector, especially in the Iskandar Malaysia region. RHB highlighted in a...
"Country Heights seeks withdrawal of legal action over unpaid payments, emphasizing accountability and reputation protection amidst a dispute with Lean Xing Construction." Kuala Lumpur, 19th Sept 2024, 01.46pm - Country Heights Holdings Bhd announced that it will urge the contractor for its residential project in Kedah to retract its legal action against the group's subsidiary, Country Heights Smart...
"TSR Capital wins RM75 million contract for Elmina Business Park 2, boosting its order book and future earnings. Completion expected by March 2026." Kuala Lumpur, 19th Sept 2024, 01.46pm - TSR Capital Bhd announced on Wednesday that it has secured a RM75 million contract for construction work at Elmina Business Park 2 in Gombak, Selangor. In a filing with the stock exchange, the construction company...
"Eversendai Corp, a Malaysian construction leader, helped build iconic landmarks like Burj Khalifa and One Za'abeel, setting global milestones." Kuala Lumpur, 18th Sept 2024, 01.10pm - Few may be aware that Malaysian construction company Eversendai Corp Bhd has played a major role in building several of the world's most iconic landmarks, including the Burj Khalifa in Dubai, Al Shams Sky Tower in Abu...
"CPI Land unveils Tuan Heritag3 in Segambut, offering luxury condos with modern amenities, transit access, and a blend of heritage-inspired design." Kuala Lumpur, 13th Sept 2024, 01.50pm - CPI Land has introduced Tuan Heritag3, the latest project in its Tuan Series, officially launching the development. Located in the prime area of Segambut, Tuan Heritag3 offers luxury condominium units with sizes...
"Perak government denies false RM30 million allocation claim for Kampung Baru Cina, urging factual public discourse." Ipoh, 12th Sept 2024, 02.25pm - The Perak government has denied viral claims made by a non-governmental organisation (NGO) activist, alleging that an RM30 million allocation was approved for the development of Kampung Baru Cina. The claim, widely shared on social media, has been refuted...
