Parkwood said it has plans to develop this cluster of land into a contemporary landed residential enclave. The development is expected to be launched by the third quarter of 2026. KUALA LUMPUR (Nov 1): Parkwood Holdings Bhd (KL:PARKWD), via its wholly owned subsidiary Parkwood Templers Sdn Bhd, has acquired five parcels of freehold land in…
Read MoreKUALA LUMPUR (Nov 1): Gamuda Bhd (KL:GAMUDA) has secured a RM451.4 million contract to build a data centre in Cyberjaya. The contract will cover the data centre’s foundational, civil, structural and architectural works, Gamuda said in an exchange filing. Works are expected to begin by December and be completed in the first quarter of 2026,…
Read MoreHousing and Local Government Minister Nga Kor Ming (centre) at the Malaysia Developer Awards (MDA) 2024 in JW Marriott Hotel Kuala Lumpur, October 18, 2024. Joining him are (front row, from left) MDA chief judge Professor Yeah Kim Leng, FIABCI Malaysia president Dr Yu Kee Su, TOTC (RM1bil and Above category) winner Sime Darby Property…
Read MoreKUALA LUMPUR (Oct 30): While Symphony Life Bhd’s former group chief financial officer Ng Ying Yiing was charged on Tuesday for using company funds to purchase shares in Cycle and Carriage Bintang Bhd (CCB) without board approval, the Industrial Court last week separately awarded her RM792,000 in back wages and had seemingly absolved her of…
Read MoreKUALA LUMPUR (Oct 29): The 24th International Architecture, Interior Design and Building Exhibition (Archidex 2025) will be held at two venues for the first time next year — at the Malaysia International Trade and Exhibition Centre (Mitec) from July 21 to 24 and at the Kuala Lumpur Convention Centre (KLCC) from July 23 to 26….
Read MoreKUALA LUMPUR (Oct 29): Symphony Life Bhd’s former chief financial officer Ng Ying Yiing and former group adviser Datuk David Goh were charged at the Sessions Court in Shah Alam for using RM2.57 million in company funds to purchase shares in Cycle and Carriage Bintang Bhd (CCB), without board approval. The pair were charged under…
Read MoreKUALA LUMPUR (Oct 30): IJM Land Bhd’s chief executive officer (CEO) Datuk Wong Tuck Wai is retiring after a 28-month stint at the property division of conglomerate IJM Corp Bhd (KL:IJM), internal communication showed. Datuk Tony Ling Thou Lung, the current chief operating officer (COO) of IJM Land, will be taking over as CEO effective…
Read MoreBina Puri’s unit completes drawdown of RM73m credit financing facility from MBSB The credit financing facility from MBSB bolsters Sumbangan Lagenda’s financial position, enabling it to not only meet its working capital requirements, but also improve its offerings, Bina Puri said in a statement. KUALA LUMPUR (Oct 29): Civil and building construction firm Bina Puri…
Read MoreKUALA LUMPUR (Oct 30): Property developer IGB Bhd (KL:IGBB) plans to raise up to RM5 billion by establishing a medium term note (MTN) programme to finance the general corporate purposes of the group. In a filing with Bursa Malaysia on Wednesday, IGB said proceeds from the issuance of the MTNs will be used for its…
Read MoreMah Sing celebrated its achievement as the Top-Of-The-Chart property developer at the Malaysia Developer Awards 2024 for the third consecutive year. Mah Sing’s stellar reputation continues to soar Mah Sing, recognised by industry analysts as the King of Urban Residential Projects, boasts a remarkable 30-year track record as a fast turnaround developer, driven by consistent…
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