KUALA LUMPUR (Oct 1): Plenitude Bhd (KL:PLENITU) has appointed chief financial officer (CFO) Ang Kooi Yong as its new chief executive officer, effective immediately. Ang, 58, is succeeding Lee Wee Kee, 59, who resigned on Monday (Sept 30) due to personal reasons after serving as group CEO for 19 months. Prior to joining Plenitude, Ang…
Read MoreKUALA LUMPUR (Oct 2): Sime Darby Property Bhd (KL:SIMEPROP) held a groundbreaking ceremony on Tuesday (Oct 1) to commence the construction of Google’s first data centre in Malaysia at Elmina Business Park in the City of Elmina township, Selangor. In a press statement on Wednesday, Sime Darby Property managing director Datuk Seri Azmir Merican said:…
Read MoreSunway acquires prime freehold land in Kuala Lumpur for a RM3.2 bil GDV mixed-use development 17.58-acre prime freehold land in Taman Taynton for a purchase consideration of RM320 million. KUALA LUMPUR (Oct 2): Sunway Bhd, through its wholly-owned subsidiary Sunway Melawati Sdn Bhd, has entered into a sales and purchase agreement with Viva Impian Sdn…
Read MoreTitijaya inks long-term rental agreement with Press Metal at HALO centralised labour quarters HALO will be a 10-storey, purpose-built labour quarters development, with a capacity to house 3,000 workers. KUALA LUMPUR (Oct 1): Titijaya Land Bhd (KL:TITIJYA) has secured Press Metal Aluminium Holdings Bhd (KL:PMETAL) as the first customer for its centralised labour quarters (CLQ)…
Read MoreFollowing the acquisition, Edxus Solutions now holds 26.93% of Magna Prima, being the largest shareholder. Magna Prima’s other substantial shareholders include Lee Hock Seng (12.74%) and Joanne Yew Hong Im (6.54%). KUALA LUMPUR (Oct 1): Datuk Seri Wong Sze Chien and Seah Ley Hong have emerged as substantial shareholders of property developer Magna Prima Bhd…
Read MoreLee, who has extensive experience in property development and project management, was appointed as Plenitude CEO in February 2023. KUALA LUMPUR (Oct 1): Property developer Plenitude Bhd (KL:PLENITU) announced that its chief executive officer Lee Wee Kee has stepped down from his position effective immediately. In a bourse filing, the group said Lee’s resignation was…
Read MoreJati Tinggi has secured five similar contracts totalling RM118.26 million in March, July and September this year. KUALA LUMPUR (Oct 1): Infrastructure and engineering company Jati Tinggi Group Bhd (KL:JTGROUP) has secured a sub-contract worth RM50.87 million for 132kV underground single circuit cable installation in Cyberjaya, Selangor. The contract was awarded to its wholly owned…
Read MoreKUALA LUMPUR (Oct 1): Kenanga Research expects more engineering, procurement, construction and commissioning (EPCC) contracts for renewable energy to be awarded as early as this month with a completion deadline by the end of 2025. In a note on Monday, the house observed a significant increase in order books mainly driven by EPCC jobs under…
Read MoreKUALA LUMPUR (Oct 1): AME Elite Consortium Bhd (KL:AME) is planning to establish a sukuk wakalah programme, with a total value of up to RM1.8 billion. Its wholly owned subsidiary AME Capital Sdn Bhd submitted a proposal to the Securities Commission Malaysia on Monday for the establishment of an Islamic medium-term notes (IMTN) programme valued at up…
Read More“In response to this overwhelming demand, we are excited to open registrations for Apex, which will add even more value to this exceptional community.” KUALA LUMPUR (Oct 1): Setia Awan Group launched its second transit-oriented development (TOD) named Astrum Shah Alam in Shah Alam on Sunday (Sept 29), with an 80% take-up rate for two…
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