The investment will reinforce JRL’s capital position to support its £1.7 billion (RM9.5 billion) order book and strategic pipeline of high-value contracts in the coming years, UK industry news site Construction Site reported, citing a statement from JRL. KUALA LUMPUR (Nov 25): IJM Corporation Bhd (KL:IJM) may acquire a 50% stake in financially troubled UK-based…
Read MoreKUALA LUMPUR (Nov 23): The government has increased the rooftop solar capacity by another 300MW for the commercial and industrial segment, and by 50MW for households. These additional quotas under the Net Energy Metering 3.0 (NEM 3.0) were added this month, according to guidelines published by the Energy Commission. (pictured) The latest 50MW quota for…
Read MoreMBAM president Oliver HC Wee said in a press statement on Nov 15 that many building inspectors have “misinterpreted or even misused the guidebook” and have ill-advised homeowners on their property defects. KUALA LUMPUR (Nov 22): Master Builders Association Malaysia (MBAM) supports the Construction Industry Development Board (CIDB) Malaysia’s decision to retract its quality guidebook…
Read MoreThe 2.2-acre freehold, upmarket development houses a total of 350 units spread across two 30-storey residential towers, with unit built-ups ranging from 882 sq ft to 1,509 sq ft. Each unit comes with a lanai or balcony, a store room or an utility room, as well as at least two side-by-side carpark bays. The selling…
Read MoreKUALA LUMPUR (Nov 21): Automotive seat maker Feytech Holdings Bhd (KL:FEYTECH) has failed to buy a piece of land in the Klang Valley, resulting in a delay in the construction of its new corporate office with a manufacturing plant and warehouse. Feytech said the delay mainly affects the relocation of its present corporate office in…
Read MoreThe project will be executed in two phases, with the first phase slated for completion within nine months, while the second phase is to be concluded in 24 months from the commencement date, which is yet to be fixed. KUALA LUMPUR (Nov 19): Construction company Binastra Corp Bhd (KL:BNASTRA) has secured a contract worth RM256.45…
Read MoreMatrix Concepts’ Levia Residence condo in Cheras achieves 70% take-up, to have smart concierge services Spread across a 4.7-acre tract and with a gross development value of RM522 million, Levia Residence offers two 36-storey towers, consisting of 778 units in total. The units come in built-ups ranging from 767 to 1,364 sq ft with selling…
Read MoreThe development also includes affordable homes, business spaces, a hotel, a private school, and other facilities, located on multiple parcels of land. KUALA LUMPUR (Nov 19): Nestcon Bhd’s (KL:NESTCON) wholly owned subsidiary Nestcon Infra Sdn Bhd has received a letter of award for rock blasting and general works required for road and drainage systems. In…
Read MoreGandingan Jakel says working with City Hall to address J Satine’s stop-work order Gandingan Jakel also said it had taken immediate actions to ensure full compliance with all relevant building codes and regulations. KUALA LUMPUR (Nov 19): Gandingan Jakel Sdn Bhd said it is actively working with Kuala Lumpur City Hall (DBKL) to address concerns…
Read More“(The measures include) raising the water reserve margin through the development of four new water treatment plants by 2030, providing an additional capacity of 2.73 billion litres per day.” KUALA LUMPUR (Nov 19): Pengurusan Air Selangor Sdn Bhd (Air Selangor) has outlined strategic measures to ensure that its capacity will meet the additional demand in…
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