KUALA LUMPUR (July 17): The government will ensure effective usage of water and electricity in line with the increase in data centre investment into the country. Deputy Investment, Trade and Industry Minister Liew Chin Tong (pictured) said this is to ensure that electricity and water supply is secured and used effectively. He said the National…
Read MoreKUALA LUMPUR (July 17): Malaysia is committed to achieving the United Nations Sustainable Development Goals (SDGs) and prioritising the well-being of its citizens, said Housing and Local Government Minister Nga Kor Ming. (pictured) Nga, in delivering the National Statement at the High-Level Political Forum in conjunction with the United Nations General Assembly (UN) in New…
Read MoreKUALA LUMPUR (July 16): Construction and property group WCT Holdings Bhd (KL:WCT) has secured another contract worth RM214 million from Kwasa Land Sdn Bhd to undertake construction works at the Kwasa Damansara township development in Sungai Buloh. Kwasa Land is a wholly-owned subsidiary of the Employees Provident Fund (EPF) and master developer of Kwasa Damansara….
Read MoreKUALA LUMPUR (July 16): Integrated construction and property company PTT Synergy Group Bhd (KL:PTT), whose share price has surged 120.49% year to date, has proposed a one-for-one bonus issue, involving the issuance of up to 216.08 million new bonus shares. The entitlement date will be determined after all relevant approvals for the bonus issue have…
Read MoreKUALA LUMPUR (July 15): Transport Minister Anthony Loke said his ministry is intensifying efforts to improve public transport facilities and walkability in Kuala Lumpur. Giving an example he said many public bus stands in the capital city lack proper infrastructure, having only one pole. ”Therefore, we aim to upgrade these [bus stands] to proper bus…
Read MoreKUALA LUMPUR (July 16): A total of 2,393.79 hectares of open spaces in the federal capital have been designated as green areas to date, said Minister in the Prime Minister’s Department (Federal Territories) Dr Zaliha Mustafa. She said of this total, 977.55 hectares have been gazetted, while another 1,416.24 hectares of potential areas will be and are currently…
Read MoreKUALA LUMPUR (July 16): Metal door and window frames manufacturer Econframe Bhd (KL:EFRAME) said it is not proceeding with its plan to acquire a 70% stake in ETA World Sdn Bhd, a company involved in industrial property development and construction activities. This is because the conditions precedent in the agreement between Econframe and the seller…
Read MoreBy Joseph Wong This journalist’s hairs stood on end after hearing Town and Country Planning Department (PLANMalaysia) planning, legislation and regulation director Zamirzan Puji say that only the most competent developers would be chosen for redevelopment projects to ensure they would not become sick and subsequently abandoned. This statement followed a question during a heated…
Read MoreUniversiti Utara Malaysia inks MOA with MIPFM to establish Strata Management Basic course UUM vice-chancellor Datuk Mohd Foad Sakdan said that the course has significant benefits to the industry, academics, staff and students. These advantages include knowledge transfer to the industry, talent development, driving economic growth, and fostering innovation. KUALA LUMPUR (July 15): Universiti Utara…
Read MoreKUALA LUMPUR (July 15): Ekovest Bhd (KL:EKOVEST) clarified that it had officially concluded its contractual role as the project delivery partner (PDP) for the River of Life project in January 2015, according to a filing with Bursa Malaysia on Monday. “Ekovest fully discharged all of its duties as the PDP to the government for the…
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