Ho Hup said the proposed scheme of arrangement will be detailed in an explanatory statement and put to a vote at a court-convened creditors’ meeting, where it must secure approval from at least 75% in value of those voting. KUALA LUMPUR (Dec 10): Practice Note 17 (PN17) company Ho Hup Construction Co Bhd (KL:HOHUP) applied…
Read MorePangsapuri Gemilang TWL Holdings Berhad is an affordable housing development by the Group, located in Taman Pinggiran USJ. The project spans 6.19 acres of freehold land and comprises 746 affordable housing units alongside 14 units of 2- to 3-storey shoplots. Designed to offer accessible living within a strategic suburban location, the development caters to families…
Read MoreArtisan Inc Properties introduces Aman Sungai Soi, a thoughtfully designed freehold residential enclave tailored for modern families seeking space, comfort and long-term flexibility. Offering a mix of standard and exclusive corner lots, the development features six premium side-lot units that provide enhanced privacy and generous land extension stretching up to 109 feet in length. These…
Read MoreNanta: Works Ministry monitors, takes stern action against contractors over delayed projects However, he said that only about 3% of projects were identified as delayed, problematic or ailing, although this does not reflect the overall achievement, as a majority of the projects are completed on schedule or earlier. KUALA LUMPUR (Dec 9): The Works Ministry…
Read MoreDeputy Energy Transition and Water Transformation Minister Akmal Nasrullah Mohd Nasir said the government has decided that costs related to upgrading electricity and water grid infrastructure to support data centres will be fully borne by the developers, to ensure that there will be no additional financial burden on consumers, particularly domestic users. KUALA LUMPUR (Dec…
Read MoreSime Darby Property and MYDIN begin work on RM450 mil automated distribution hub in City of Elmina The development will occupy 19 acres of freehold land with a built-up area of 786,000 sq ft KUALA LUMPUR (Dec 8): Sime Darby Property Bhd and Mydin Mohamed Holdings Bhd have commenced construction of an automated distribution centre…
Read MoreMagma said the private placement is the most appropriate fundraising route for the group, adding that the exercise is expected to strengthen its financial position while supporting ongoing business plans and capital expenditure. KUALA LUMPUR (Dec 5): Magma Group Bhd (KL:MAGMA) has proposed a private placement of up to 168.11 million new shares, representing up…
Read MoreKUALA LUMPUR (Dec 5): Gadang Holdings Bhd has entered into a sale and purchase agreement to dispose of a 3.41-hectare parcel of Rumah Selangorku (RSKU) land in Taman Akasia, Semenyih, for RM2.5 million. The freehold parcel was identified as Geran 339953, Lot 50554, Mukim Semenyih, Daerah Ulu Langat, Selangor. In a bourse filing on Monday,…
Read MoreDimina offers “a grand opportunity for discerning homebuyers to own a freehold two-storey terrace home within the mature, integrated township of Setia Alam, Shah Alam”. SHAH ALAM (Dec 5): S P Setia Bhd has launched Dimina, the fourth and final phase of its highly successful Musika Homes series in Setia Alam on Nov 25. Dimina…
Read MoreBy Brig Gen Datuk Goh Seng Toh Before pushing sweeping urban redevelopment laws, the government must first prove it can deliver on the basics — starting with Malaysia’s deeply faltering recycling programme. The question is one of institutional credibility. If a government agency cannot effectively deliver on basic, fundamental responsibilities, how can it be trusted…
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