Lawyers dispute govt’s claim Semantan Estate only entitled to compensation, not return of Duta Enclave land Following the long-standing pre-Merdeka land dispute case, a three-member Court of Appeal (COA) bench hearing two separate appeals by Semantan Estate and one appeal by the government over having to transfer the land to the company free of encumbrances,…
Read MoreKUALA LUMPUR (Nov 7): Eco World Development Group Bhd announced today that following its participation in a request for proposal process initiated by Boustead Properties Bhd, it had inked several agreements to develop 10 parcels of freehold land measuring 847.249 acres in aggregate (New Land). These include the entry by its 81%-owned subsidiary, Mutiara Balau…
Read MoreKUALA LUMPUR (Nov 16): The Employees Provident Fund (EPF) has set aside a provision of RM24 million following an accounting adjustment at its Battersea joint venture (JV) firm. The Ministry of Finance (MOF) said the provision was attributed to EPF’s 20% stake in the JV firm Battersea Project Holding Company Ltd (BPHCL). BPHCL has, in…
Read MoreMOF: EPF books RM24m in provision for London’s Battersea project following IFRS 17 accounting standard treatment The Ministry of Finance (MOF) said the provision was attributed to EPF’s 20% stake in the JV firm Battersea Project Holding Company Ltd (BPHCL). KUALA LUMPUR (Nov 16): The Employees Provident Fund (EPF) has set aside a provision of…
Read MoreDigital Minister Gobind Singh Deo said hosting this event will be a significant step for Malaysia as it continues to develop its capabilities in digital city technologies. BARCELONA (Nov 5): Malaysia will be the first Southeast Asian country to host the Smart City Expo (SCE) in Kuala Lumpur from Sept 17-19, 2025. It highlights the…
Read MoreDigital Minister Gobind Singh Deo said hosting this event will be a significant step for Malaysia as it continues to develop its capabilities in digital city technologies. BARCELONA (Nov 5): Malaysia will be the first Southeast Asian country to host the Smart City Expo (SCE) in Kuala Lumpur from Sept 17-19, 2025. It highlights the…
Read MoreNga calls for global support of people-public-private partnership for sustainable cities Speaking at the 12th World Urban Forum Business Assembly in Cairo, Egypt Housing and Local Government Minister Nga Kor Ming said a better quality of life for the citizens cannot be delivered without the full participation of the private sector. KUALA LUMPUR (Nov 5):…
Read MoreBank Negara Malaysia: “At the current OPR level, the monetary policy stance remains supportive of the economy and is consistent with the current assessment of inflation and growth prospects.” KUALA LUMPUR (Nov 6): Bank Negara Malaysia (BNM) has kept the overnight policy rate (OPR) unchanged at 3% as widely expected as it noted the continued…
Read MoreTuju Setia gets RM411m job to build mixed high-rise, landed homes in Kelana Jaya for Sunway Serene 2 The contract involves two blocks of 45-storey serviced apartments with nine levels of podium carparks and two levels of facilities, while the landed properties comprise two rows of two-storey super link residential units and a row of…
Read MoreKUALA LUMPUR (Nov 5): Construction firm Aneka Jaringan Holdings Bhd (KL:ANEKA) has secured a RM39 million contract to undertake earthwork, piling, pile caps and contiguous bored piling works in Jalan Pantai Sentral, Kuala Lumpur. The three-phase contract was awarded to its wholly-owned subsidiary, Aneka Jaringan Sdn Bhd, by GDP Architects Sdn Bhd on behalf of…
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