KUALA LUMPUR (Sept 18): TSR Capital Bhd (KL:TSRCAP) said on Wednesday that it has secured a RM75 million contract to undertake construction works at Elmina Business Park 2 in Gombak, Selangor. In a bourse filing, the construction firm said its wholly-owned TSR Bina Sdn Bhd had accepted the contract from Sime Darby Property Bhd (KL:SIMEPROP)….
Read MoreKUALA LUMPUR (Sept 19): Prime Minister Datuk Seri Anwar Ibrahim (pictured) has urged state governments to collaborate with the federal government to achieve the goal of modernising land administration across the country. In a Facebook post following the 81st National Land Council meeting this morning, Anwar, who is also finance minister, said the move not…
Read MoreKUALA LUMPUR (Sept 18): A widely expected US policy rate cut this week will boost Malaysian stocks in the oil and gas (O&G), real estate investment trust (REIT), and large-cap banking sectors, Kenanga Investment Bank said. Rate cuts in the US have been mostly positive for the FBM KLCI with a median return of 8%…
Read MoreKUALA LUMPUR (Sept 17): Works Minister Datuk Alexander Nanta Linggi (pictured) held a meeting and discussion with the top management of Salik Company PJSC (Salik) and reviewed the implementation of the Multi-Lane Free Flow (MLFF) electronic toll system at one of the toll gantries in Dubai, the United Arab Emirates (UAE) today. Nanta, through a…
Read MoreKUALA LUMPUR (Sept 17): Many may not know that a Malaysian construction company, Eversendai Corp Bhd, is one of the main contributors to the construction of several iconic landmarks in the world including Burj Khalifa (Dubai), Al Shams Sky Tower (Abu Dhabi) and KLCC (Petronas) Twin Towers and Merdeka 118 Tower. The achievement was shared…
Read MoreKUALA LUMPUR (Sept 17): Alliance Bank Malaysia Bhd announced that its chairman Tan Sri Ahmad Mohd Don, 77, has passed away earlier on Tuesday. Ahmad started helming the Alliance Bank group as chairman on Feb 1, 2017 and was instrumental in Alliance Bank’s transformation journey, emphasising the inculcation of the bank’s core values in everything it does,…
Read MoreRooftop solar quota for households under net energy metering fully subscribed again An initial quota of 150MW for NEM Rakyat was fully taken up in November 2023, alongside the initial 800MW for commercial and industrial segment dubbed NEM Nova. KUALA LUMPUR (Sept 17): The 350-megawatt (MW) quota for rooftop solar allocated under the Net Energy…
Read MoreThe property, situated on freehold land measuring 23,479.51 sq ft, is located in Jenjarom, Selangor. KUALA LUMPUR (Sept 13): Kein Hing International Bhd (KL:KEINHIN) is acquiring a semi-detached factory with offices for RM5.9 million in cash. The property, situated on freehold land measuring 23,479.51 sq ft, is located in Jenjarom, Selangor. Kein Hing has entered…
Read MoreKUALA LUMPUR (Sept 13): The new 200,000 sq ft 50 Electric Boulevard office building at the Battersea Power Station development in the UK will be home to global marketing agency Team Lewis, which will occupy the entire top floor measuring 10,500 sq ft of the Foster + Partners-designed workspace, according to a press release on…
Read MoreKUALA LUMPUR (Sept 13): Grand Central Enterprises Bhd’s (KL:GCE) major shareholders failed in their bid to take the hotel operator private, after the proposal was rejected by minority shareholders at an extraordinary general meeting (EGM) on Friday. Tan Chee Hoe & Sons Sdn Bhd and Hotel Grand Central Ltd — which together hold a 72.65%…
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