KUALA LUMPUR (Aug 2): Binastra Corp Bhd (KL:BNASTRA) has bagged a RM160 million contract to demolish and build an office complex in Damansara Perdana from Dynamicz Sdn Bhd. In a bourse filing, the construction firm said the contract, secured via its wholly owned Binastra Builders Sdn Bhd, covers demolition and construction of main building works…
Read MoreKUALA LUMPUR (Aug 2): AFFIN Group today announced the launch of AFFIN London Home, a mortgage solution designed to make property investments in London and Manchester more accessible for Malaysians. With growing interest from Malaysians in buying property abroad, especially in these key cities in the United Kingdom (UK), AFFIN London Home offers a range…
Read MoreKUALA LUMPUR (Aug 1): UEM Group Bhd, a wholly owned infrastructure arm of sovereign wealth fund Khazanah Nasional Bhd, has confirmed the appointment of Datuk Amran Hafiz Affifudin as its managing director (MD) effective immediately, replacing Datuk Mohd Izani Ghani who has stepped down to take the helm at airport operator Malaysia Airports Holdings Bhd…
Read MoreMinister Nga Kor Ming: “KPKT will continue to implement improvements to reduce problematic projects and aim for zero abandoned housing projects by 2030.” KUALA LUMPUR (Aug 1): The Ministry of Housing and Local Government (KPKT) has revived 704 sick and abandoned private housing projects through the Task Force on Sick and Abandoned Private Housing Projects…
Read MoreKUALA LUMPUR (July 31): Atrium REIT Managers Sdn Bhd has announced the retirement of its chief executive officer (CEO) Chan Kum Chong, effective Aug 31, 2024, to pursue personal interests. Atrium REIT Managers is the manager of Atrium Real Estate Investment Trust (REIT) (KL:ATRIUM). In a filing with Bursa Malaysia, Atrium REIT Managers said its…
Read MoreKUALA LUMPUR (July 31): UEM Group Bhd confirmed on Wednesday that its managing director Datuk Mohd Izani Ghani is leaving the engineering-based infrastructure company to take over as the MD of Malaysia Airports Holdings Bhd or MAHB (KL:AIRPORT). The Edge Malaysia weekly had reported on June 17 that Mohd Izani was one of the candidates…
Read MoreKUALA LUMPUR (Aug 1): Boustead Properties Bhd collaborated with Universiti Malaya (UM) for the “Re-emerging Mutiara Damansara Central Business District Exhibition” that was held from July 25 to 27 at The Curve shopping mall in Mutiara Damansara, Petaling Jaya. The exhibition showcased innovative urban design concepts for reinvigorating the Mutiara Damansara township created by UM’s…
Read MoreKUALA LUMPUR (July 30): A notable demonstration of judicial prudence and commercial acumen, the Federal Court’s recent decision in Obata-Ambak Holdings Sdn Bhd v Prema Bonanza Sdn Bhd and two other appeals (Obata) marks a significant milestone in the realm of legal adjudication. By aligning its ruling with practical business considerations, the judiciary has not…
Read MoreKUALA LUMPUR (July 30): Building and infrastructure construction company TCS Group Holdings Bhd (KL:TCS) has secured a RM130.15 million contract to undertake the construction of serviced apartments in Selangor, in a related party transaction. The 630-unit serviced apartment project, known as Arcadia Residences, is located in the Kuala Langat district, the company said in a…
Read MoreBursa Malaysia will only shift its ‘front office’ to TRX, not entire operation, says chairman Wahid Bursa Malaysia chairman Tan Sri Abdul Wahid Omar said the front office includes the stock exchange operator’s marketing segment which will provide visibility and branding for Bursa Malaysia at TRX. Beyond that, “bulk of Bursa Malaysia’s operations will remain…
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