KUALA LUMPUR (March 14): BRDB has acquired land at Wisma Damansara, Kuala Lumpur for a mixed-use development and will partner with British design firm Heatherwick Studio to design the integrated residential, retail and community spaces project that will promote a people-centred living environment. “This partnership with Heatherwick Studio marks a transformative moment for BRDB and…
Read MoreKUALA LUMPUR (March 12): Automotive leather upholstery manufacturer Pecca Group Bhd (KL:PECCA) said it is acquiring land measuring 25,350 sq m in Bandar Serendah, Rawang, to support its expansion plans. The group is purchasing the leasehold industrial land from Saraya Glove Industries Sdn Bhd for RM17.43 million, according to Pecca’s filing on Bursa Malaysia on…
Read MoreKUALA LUMPUR (March 12): The government has approved 21 data centre projects under the Digital Ecosystem Acceleration Scheme with a total investment of RM113.8 billion since 2021. The Ministry of Investment, Trade and Industry (Miti) stated that the investments are expected to create 1,244 new job opportunities. “Foreign investment is the main contributor to data…
Read MoreKUALA LUMPUR (March 13): Construction firm Kerjaya Prospek Group Bhd (KL:KERJAYA) said on Thursday that it has secured an RM11.64 million contract for construction works from Tanjung Pinang Development Sdn Bhd (TPDSB). In a filing with the exchange, Kerjaya Prospek said its wholly-owned subsidiary, Kerjaya Prospek (M) Sdn Bhd, had accepted a letter of award…
Read MoreFood and beverage offerings will include Luckin Coffee, China’s fastest-growing coffee chain, NomNom Food Hall, a digitally integrated dining hub, and Senkyaku Banrai, a Japanese-themed food street. Discussions are ongoing with Metrojaya to finalise its participation. KUALA LUMPUR (March 13): Hextar World at Empire City has signed key tenants at its signing ceremony on Thursday…
Read MoreJudge Datuk Amarjeet Singh Serjit Singh dismissed the judicial review application and ordered the residents to pay costs. The judge ordered them to pay RM10,000 costs each to the Kuala Lumpur mayor and the federal territories minister. He did not provide any grounds for dismissing the judicial review after the merits of the application were…
Read MoreKUALA LUMPUR (March 12): Visitors to Merdeka 118 now have a smoother, more efficient route into the precinct with the opening of the Belfield Tunnel, an infrastructure project by PNB Merdeka Ventures Sdn Bhd (PMVSB), a wholly-owned subsidiary of Permodalan Nasional Bhd (PNB). This enhances connectivity to Menara Merdeka 118, the world’s second-tallest tower, while…
Read MoreKUALA LUMPUR (March 12): Conglomerate IJM Corp Bhd (KL:IJM) said on Wednesday it has secured a 143-year leasehold interest in 25 Finsbury Circus — formerly known as 1-5 London Wall Buildings — for £72.5 million (RM407.9 million) from private equity firm TPG Angelo Gordon. The property, located less than two minutes from Liverpool Street Station,…
Read More“Among the project proposals are the construction of an open hall, the construction of a children’s playground, the construction of a gazebo, a green corner, a sports activity centre, a centralised community activity centre, a community library and the construction of a walking track.” KUALA LUMPUR (March 11): The Ministry of National Unity has identified…
Read MoreKUALA LUMPUR (March 11): GuocoLand (Malaysia) Bhd (KL:GUOCO) has lodged its proposed RM500 million medium-term notes (MTN) programme with the Securities Commission Malaysia (SC) under the lodge and launch framework. In a filing with Bursa Malaysia on Monday, the company said proceeds from the MTN programme would be used for capital expenditure, investments, asset acquisitions,…
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