KUALA LUMPUR (July 30): The East Coast Rail Link (ECRL) is poised to enhance the connectivity and logistics efficiency of the East Coast Economic Region (ECER). In a statement dated July 28, ECER chief operating officer Datuk Ragu Sampasivam said the ECRL will significantly enhance ECER’s connectivity and logistics efficiency, making it an ideal destination…
Read MoreIncentive scheme rebates given to more than 667 Net Energy Metering Rakyat consumers The Energy Transition and Water Transformation Ministry said the majority received RM4,000 each via the SolaRIS rebate offering. KUALA LUMPUR (July 30): More than 667 Net Energy Metering (NEM) Rakyat consumers have installed solar photovoltaic (PV) systems and received Solar For Rakyat Incentive Scheme…
Read MoreAlira Subang Jaya offers 60 facilities, including a swimming pool, spa, gymnasium, mini library and singing lounge. KUALA LUMPUR (July 30): Avaland Bhd (KL:AVALAND) topped out Alira Subang Jaya, a serviced residence in Tropicana Metropark, Subang Jaya, which has achieved a 95% take-up rate, on Monday (July 29), according to a press statement on Tuesday. …
Read MoreThe expected gain from the proposed disposal is RM3.51 million. KUALA LUMPUR (July 29): Infrastructure and construction group Ekovest Bhd (KL:EKOVEST) said it is disposing of another four parcels of land along Jalan Pahang in Kuala Lumpur, measuring a total of 2,286 sq m. The disposal of the parcels to Airman Sdn Bhd, a wholly…
Read MoreKUALA LUMPUR (July 30): The National Chamber of Commerce and Industry of Malaysia (NCCIM) has appointed Datuk Seri N Gobalakrishnan (pictured) as president for the 2024-2026 term. Gobalakrishnan, who succeeds Tan Sri Soh Thian Lai, said his leadership will focus on further enhancing NCCIM’s stature within government circles, and local and international business communities, as well as…
Read MoreKUALA LUMPUR (July 29): Titijaya Land Bhd (KL:TITIJYA) unveiled its latest serviced apartment development called The Ria last Saturday (July 27), according to a press statement on Sunday. The Ria is a 63-storey development with a total of 752 units in two to three bedrooms configurations and built-ups ranging between 650 to 800 sq ft….
Read MoreKUALA LUMPUR (July 29): Property developer Ecofirst Consolidated Bhd (KL:ECOFIRS) said on Monday its net profit for the fourth quarter more than doubled from a year earlier thanks to higher sales conversion rate for the KL-48 project. Net profit for the three months ended May 31, 2024 (4QFY2024) was RM41.51 million compared with the RM17…
Read MoreNCT Smart Industrial Park is a 732-acre industrial park with a gross development value of RM10 billion. The project is being developed in three phases, of which the first phase spanning 250 acres has received 60% bookings. KUALA LUMPUR (July 29): NCT Group via its subsidiary NCT Smart Management Sdn Bhd has signed five memoranda…
Read MoreWith a gross development value (GDV) of RM384 million, Majestic Residence sits on a 0.66-acre (0.27-hectare) freehold parcel. The 33-storey residential tower offers 478 units, with built-ups ranging from 459 to 654 sq ft. The development is fully sold. KUALA LUMPUR (July 29): Majestic Gen Sdn Bhd (formerly known as Majestic Builders of the Majestic…
Read MoreKUALA LUMPUR (July 26): Ekovest Bhd (KL:EKOVEST) said it has agreed to a further extension of time to discuss a merger between its wholly owned subsidiary Ekovest Construction Sdn Bhd (ECSB) and Knusford Bhd (KL:KNUSFOR). The six-month extension to Jan 27, 2025 will provide Ekovest and Knusford with additional time to evaluate and deliberate the…
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