KUALA LUMPUR (June 5): An indirect unit of construction group Nestcon Bhd (KL:NESTCON), whose share price shot up over 20% just two weeks ago, has secured a RM3.6 million contract to develop and install a solar photovoltaic (PV) system. According to Nestcon’s filing with Bursa Malaysia on Wednesday, Nestcon Solar Sdn Bhd (NSSB), a wholly-owned…
Read MoreKUALA LUMPUR (June 5): IJM Land Bhd will launch its latest landed residential development named Nova at Seremban 2 on June 29. In the meantime, the project is now open for registration, according to a press statement on Wednesday. In the statement, IJM Land senior general manager Chai Kian Soon said, “Nova represents our dedication…
Read MoreKUALA LUMPUR (June 5): Avaland Bhd (KL:AVALAND) has topped out Sanderling condominium, which has a 90% take-up rate, according to a press statement on Tuesday (June 4). Sanderling is the third phase of the developer’s 23-acre freehold Lakefront Residence development in Cyberjaya. The Lakefront Residence phase one and phase two are the first two phases…
Read MoreKUALA LUMPUR (June 6): Shares in WCT Holdings Bhd (KL:WCT) climbed to their highest in more than four years on Thursday. The stock surged 27% or 18 sen to 80.5 sen, the highest level since November 2019. The quantum leap in the share price is one of the biggest single-day gains. The counter’s trading volume…
Read MoreKUALA LUMPUR (June 6): Malaysia’s property market has demonstrated significant growth and resilience, with an individual property counter experiencing up to 600% growth in share price appreciation. This was revealed by Housing and Local Government (KPKT) Minister Nga Kor Ming (pictured) in a media release today about his views of the property segment. “The Malaysia…
Read MoreKUALA LUMPUR (June 4): Despite ongoing litigation with MBSB Bank over payment defaults, Country Heights Holdings Bhd (KL:CHHB) announced on Monday a tender process to attract investors for the Mines Waterfront Business Park (MWBP) and Mines International Exhibition and Convention Centre (MIECC) project development in Seri Kembangan. The property developer said it has authorised its…
Read MoreKUALA LUMPUR (June 4): Inta Bina Group Bhd (KL:INTA) said on Tuesday that it has secured a RM111.98 million contract from a unit of Gamuda Bhd (KL:GAMUDA) to build semi-detached houses. The construction group did not mention the location of the project awarded by Gamuda Land (T12) Sdn Bhd, in its exchange filing on Tuesday….
Read MoreKUALA LUMPUR (June 5): Shares in Inta Bina Group Bhd (KL:INTA) touched a new record high on Wednesday, after the construction company announced that it had secured a RM111.98 million contract. Inta Bina climbed as much as 10.6% or 4.5 sen to 47 sen. As of 10am, the counter was four sen or 9.41% higher…
Read MoreCeylonz Suites @ Bukit Ceylon by Landart Design received the MLAA14 President Award. Photo shows the winning team. The 14th edition of the Malaysia Landscape Architecture Award (MLAA14) recently celebrated the pinnacle of creativity, innovation and sustainability in Malaysian landscape architecture. The esteemed accolade continues to uphold the highest standards of design excellence, honouring the…
Read MoreKUALA LUMPUR (June 3): Rapid Rail Sdn Bhd (Rapid Rail) has achieved a significant milestone by recording over one million passengers a day on May 29, the highest ever since its establishment. In a statement on Friday (May 31), Rapid Rail reported that the Kelana Jaya Line recorded ridership of 287,102, Ampang/Sri Petaling Line (224,184), Monorail Line…
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