"Fajarbaru wins RM246 million contract for AdisonWest's second phase, increasing its order book to RM1.23 billion, ensuring earnings visibility through 2027." Kuala Lumpur, 17th Oct 2024, 01.29pm - Fajarbaru Builder Group Bhd, which secured a contract in April to construct apartments as part of the first phase of WCT Holdings Bhd's AdisonWest development in Johor Bahru, has now been awarded the...
"The ECER secures RM13.3 billion in investments, surpassing its RM10 billion target, with projects across tourism, manufacturing, and marine industries creating 8,700 jobs." Kuala Lumpur, 16th Oct 2024, 02.20pm - The government will continue refining the development framework of the East Coast Economic Region (ECER) over the next five years to help close the regional development gap and draw more...
"Avaland launches Avenue25, a RM3 billion mixed-development project in Subang Jaya, featuring a "forest-inspired" design and previewing Tower B of Alora Residences." Kuala Lumpur, 14th Oct 2024, 11.59am - Avaland Bhd has officially launched the sales gallery for Avenue25 and previewed Tower B of the Alora Residences serviced apartments in Subang Jaya, Selangor, on Saturday. Avenue25 is a 13.4-acre...
"MGB Bhd to develop mixed-use and residential projects in Seri Kembangan, enhancing affordable housing with a GDV of RM861.35 million across 26 acres." Kuala Lumpur, 10th Oct 2024, 04.56pm - MGB Bhd, a construction and property development firm, announced plans to carry out mixed development and residential projects across 26 acres in Taman Bukit Serdang, Seri Kembangan, with a total gross development...
"Ecomate acquires Muar factory for RM7 million, enhancing production efficiency and exploring rental income opportunities, supporting its growth strategy and expansion plans." Kuala Lumpur, 10th Oct 2024, 03.56pm - Home furniture specialist Ecomate Holdings Bhd has announced plans to acquire a single-storey factory in Muar, Johor, along with machinery and components from SWS Capital Bhd. This move...
"Ideal Property's new Ideal Business Hub, part of Penang Technology Park, offers 88 factory units with cutting-edge design to enhance business efficiency." Penang, 09th Oct 2024, 02.18pm - Ideal Property Group has unveiled the latest phase of its industrial project, Ideal Business Hub, with a gross development value of RM260 million at Penang Technology Park in Bertam, Penang. Spanning 28 acres of...
"Deputy Finance Minister Lim Hui Ying addresses infrastructure issues during her visit to Kampung Parit Bilal, highlighting solutions for riverbank collapse and flash flood risks." Johor, 02nd Oct 2024, 02.10pm - The government thoroughly evaluates each request for infrastructure development funding during budget planning and policy execution, stated Deputy Finance Minister Lim Hui Ying. She...
"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...
