Tan, Nga and Lee posing at the ceremony. PUTRAJAYA: Housing and Local Government Minister Nga Kor Ming praised SkyWorld Development Bhd’s achievement in gaining the FIABCI World Prix d’Excellence gold award during the recent Property Excellence Appreciation Ceremony. SkyAwani 3 received the award at the FIABCI World Prix d’Excellence Awards 2024 in Gardens by the…
Read MoreKUALA LUMPUR (June 12): Property developer YNH Property Bhd (KL:YNHPROP) has appointed UHY as a special independent reviewer to assess certain joint venture (JV) and turnkey contracts entered into by its unit, Kar Sin Bhd. The independent assessment was initiated after its former statutory auditor, Baker Tilly Monteiro Heng PLT, issued a qualified opinion on…
Read MoreKUALA LUMPUR (June 12): A lawyer who was detained by the Malaysian Anti-Corruption Commission (MACC) last week has come out to say that the graft buster did not tell him that he was being investigated for embezzlement and abuse of power. In a statement to the media, lawyer Lai Chee Hoe said MACC’s claim that…
Read MoreKUALA LUMPUR (June 12): Tycoon Tan Sri Desmond Lim Siew Choon has trimmed his stake in Malton Bhd (KL:MALTON), a day after the counter charted a new 30-month high. A bourse filing on Wednesday showed that Lim sold 2.75% of his stake — comprising 14.5 million shares — held indirectly through Malton Corp Sdn Bhd,…
Read MoreKUALA LUMPUR (June 12): Iqzan Holding Bhd (KL:IQZAN) has secured a construction project worth approximately RM143 million via its subsidiary, Kacon Construction Sdn Bhd (KCSB). In a filing with Bursa Malaysia on Wednesday, the company said that the project entails the construction of a 24-storey office building on Jalan Tun HS Lee here. “The project…
Read MoreThe buildings are often compact and congested, lacking good air circulation and ventilation systems THESE days, high-rise apartment dweller Nor Shamsiah Ibrahim sighs with relief whenever there is a downpour as she finds the daytime heat unbearable. “At least the rain makes it cooler for us here,” said the 50-year-old food caterer who resides at…
Read MoreKUALA LUMPUR (June 12): Talam Transform Bhd’s (KL:TALAMT) shares were one of the most active in early trade on Wednesday, gaining half sen or 25% to 2.5 sen, following the demise of its major shareholder Tan Sri Chan Ah Chye. As at 9.30am, some 33.09 million Talam shares have changed hands, making it the third…
Read MoreKUALA LUMPUR (June 11): The Ministry of Investment, Trade and Industry (Miti) will develop special incentives for artificial intelligence (AI) data centres, said its minister Tengku Datuk Seri Zafrul Abdul Aziz (pictured). He said that AI data centres have a significant and positive economic spillover effect. “Investment in advanced technology infrastructure and AI data centres…
Read MoreKUALA LUMPUR (June 11): Gamuda Land, the property arm of Gamuda Bhd (KL:GAMUDA), has announced that its redevelopment plans for the 75 London Wall building in London with UK-based real estate investors Castleforge Partners have been approved. According to a press statement on Tuesday, 75 London Wall, which was earlier referred to as Winchester House and…
Read MoreKUALA LUMPUR (June 11): Malaysia’s wholesale and retail sales accelerated and grew 6.6% in April from a year earlier led by retail sales in non-specialised stores, official data on Tuesday showed. Wholesale and retail trade totaled RM144.9 billion in April, the Department of Statistics Malaysia said in a statement. The pace of sales growth was…
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