KUALA LUMPUR (Jan 15): SkyWorld Development Bhd has achieved another significant milestone with SkyBlox @ SkySanctuary project in Setapak by attaining a “record-high” QLASSIC rating of 86%. This marks the highest rating ever attained by the company and underscores the exemplary workmanship quality of the building construction, adhering to the Construction Industry Standard (CIS 7:2006)…
Read MoreKUALA LUMPUR (Jan 15): The Urban Renewal Implementation Guidelines (GPP PSB) introduced by KPKT last September stand as a pivotal reference for developers and stakeholders who are interested in urban renewal projects. With the new Urban Renewal Act expected to be tabled this year, GPP PSB is more than just a manual. It functions as…
Read MoreKUALA LUMPUR (Jan 15): Magna Prima Bhd extended its losses for a second consecutive trading day on Monday, after it was slapped with an unusual market activity (UMA) query by Bursa Securities last week. While Magna Prima initially rose 3% or two sen to 68.5 sen in the morning, the counter reversed to a loss…
Read MoreCommercial property, particularly the older buildings in the central business district of Kuala Lumpur, likely to see lower demand. (Bernama pic) PETALING JAYA: Selected areas and segments of the property market in Malaysia are expected to perform well in 2024, but elsewhere there are areas of concern. Industry experts expect to see sales improve as…
Read MoreKUALA LUMPUR (Jan 12): YNH Property Bhd has revealed that it is exploring proposals to sell certain landed properties of the company and its subsidiaries in response to an unusual market activity (UMA) query from Bursa Malaysia. The property developer, however, said that these proposals are still under discussion, and it would be more appropriate…
Read MoreKUALA LUMPUR (Jan 12): Tuju Setia Bhd has bagged a RM209 million contract from Avaland Bhd (previously known as MCT Bhd) for the construction of two blocks of service apartments in USJ 25, Subang Jaya. The Alora Residences project is slated to be completed in 33 months with work tentatively scheduled to commence in the…
Read MoreKUALA LUMPUR (Jan 11): Both Rapid Synergy and Imaspro Corp Bhd, which received unusual market activity (UMA) queries from Bursa Malaysia on Wednesday (Jan 10), have responded to the local stock exchange operator. In response to Bursa’s query on Thursday, industrial mould manufacturer Rapid Synergy said its management is currently considering proposals to sell certain…
Read MoreKUALA LUMPUR (Jan 12): Magna Prima Bhd, which drew the attention of Bursa Malaysia Securities Bhd following a spike in its share price over the last three days, said it is in “final stage of negotiations for the monetisation of one of its land bank”. In a reply to the stock market regulator’s unusual market…
Read MoreAs part of Ascott’s expansion strategy in Malaysia, the brand has launched several properties across the country by AKMAR ANNUAR IN 2022, CapitaLand Investment Ltd’s branch, The Ascott Ltd, introduced Ascott Star KLCC in Kuala Lumpur (KL) — a luxurious serviced apartment that stands among the city’s tallest buildings. This elegant 58-storey property, formerly known…
Read MoreKUALA LUMPUR (Jan 11): Leader Steel Holdings Bhd’s shares opened 11.5% higher on Thursdays morning, following news that it had accepted a notice of award and offer for compensation from the Klang Land Office, invoking a compulsory acquisition for a RM42.56 million piece of land in Klang, Selangor. Leader Steel opened to hit its intra-day…
Read More
