KUALA LUMPUR (July 16): The Kuala Lumpur International Airport (KLIA) aerotrain is expected to resume operations by the first quarter of 2025, according to Transport Minister Anthony Loke. (pictured) In a written parliamentary response to Mohd Nazri Abu Hassan (Perikatan Nasional-Merbok), Loke said the Aerotrain Replacement Project at KLIA is slated for completion by Jan…
Read MoreKUALA LUMPUR (July 16): Real Estate and Housing Developers’ Association Malaysia (REHDA) has called for building industry players to be excluded from paying the levy imposed by the Human Resource Development Corp (HRD Corp). The request came following concerns over HRD Corp, which has been in the spotlight after a slew of issues was flagged…
Read MoreThis marks the second time SkyWorld has been recognised at these esteemed awards. In 2020, Ascenda Residences was named as one of the winners of EdgeProp Malaysia’s Best Managed Property Awards in the Below 10 Years – Multiple-Owned Strata Residential Category. KUALA LUMPUR (July 17): SkyWorld Development Bhd scored another win with its SkyMeridien Residences…
Read MoreKUALA 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 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 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…
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