With the new wins, Kitacon’s outstanding order book has increased to RM1.4 billion. KUALA LUMPUR (Dec 12): Kumpulan Kitacon Bhd (KL:KITACON) said on Thursday it had secured two building works contracts worth a total of RM203.9 million. One of the contracts involves the construction of 237 landed houses and ancillaries for RM143 million at the…
Read MoreSkyWorld Healthy Home: How to tackle hidden pollutants and make smarter air quality choices “To improve indoor air quality, we often make the wrong choices. We close windows, turn on air-conditioners, and rely on air purifiers. While these devices may seem helpful, they can harm our health.” KUALA LUMPUR (Dec 11): As modern lifestyles trend…
Read MoreKUALA LUMPUR (Dec 11): Solid Automotive Bhd (KL:SOLID) said it is acquiring 4.69 acres of freehold land in Klang from Top Glove Corp Bhd (KL:TOPGLOV) for RM15.92 million. The automotive electrical parts group said its wholly-owned subsidiary, Part Center Sdn Bhd (PCSB), signed a letter of offer issued by Top Quality Glove Sdn Bhd, a…
Read MoreKUALA LUMPUR (Dec 11): The Ministry of Energy Transition and Water Transformation (Petra) sees electricity supply demand for data centres increasing to 20.9 gigawatts (GW) by 2040. Deputy Minister Akmal Nasrullah Mohd Nasir (pictured) said the estimate was obtained from the Planning, Implementation and Electricity Supply and Tariff Committee Meeting, which also projected electricity supply…
Read MoreThe real estate developer said its wholly owned unit, Tanah Bayumas Sdn Bhd, has signed a sale and purchase agreement (SPA) with Prismaworld Embassyview Sdn Bhd to purchase the land and six blocks of five-storey condominium buildings with a sub-basement one-storey car park, according to a filing on Thursday. KUALA LUMPUR (Dec 12): Paramount Corp…
Read MoreHousing and Local Government (KPKT) Deputy Minister Datuk Aiman Athirah Sabu: “These actions include blacklisting the developer and its board members since they were classified as problematic on March 18, 2023, blocking the developer from applying for a new Advertising and Sales Permit (APDL) until the current project is completed with the Certificate of Completion…
Read More168 Park Mall is part of the RM1.12 billion 168 Park Selayang leasehold mixed-development. Previously an abandoned project known as Selayang Star City, the project was revived and renamed by the white knight Infra Segi. KUALA LUMPUR (Dec 12): 168 Park Selayang Sdn Bhd, a subsidiary of Infra Segi Sdn Bhd, on Thursday announced the…
Read MoreGamuda takes up 20% stake in Google Cloud partner, teams up with DNeX to provide Google Cloud services The purchase of Cloud Space could lead the way for Gamuda to tap into the RM36 billion technology services market, with core offerings in cloud and artificial KUALA LUMPUR (Dec 10): Gamuda Bhd (KL:GAMUDA) is acquiring a…
Read More“REHDA understands that homeowners want to ensure that their rights are protected against errant developers or contractors, but the guidebook was never meant to be used as a checklist of any sort,” said president, Datuk Ir Ho Hon Sang. KUALA LUMPUR (Dec 11): The Real Estate and Housing Developers’ Association (REHDA) Malaysia views the retraction…
Read MoreGagasan Nadi Cergas inks deal to build over RM1b worth of affordable homes in Kwasa Damansara This marks the group’s second collaboration with Kwasa Land, following an agreement between them for Gagasan Nadi to develop 1,669 affordable housing units on Plot R4-1 in Kwasa Damansara last year. KUALA LUMPUR (Dec 10): Construction and property group…
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