Gamuda Land partners with Taylor’s Education Group to bring affordable private education to its townships This strategic partnership aims to offer a holistic education experience at an accessible price point for families within and around Gamuda Gardens, Rawang and Gamuda Cove, Kuala Langat. KUALA LUMPUR (Nov 15): Gamuda Land, the property arm of Gamuda Bhd…
Read MoreKUALA LUMPUR (Nov 14): CapitaLand Malaysia REIT Management Sdn Bhd (CMRM), the manager of CapitaLand Malaysia Trust (KL:CLMT), has appointed Yong Su-Lin as chief executive officer, designate (CEO designate) of the company effective Jan 2, 2025. The appointment is part of the leadership succession plan for CMRM, it said. “Meanwhile, Yong will support CMRM’s current…
Read MoreKUALA LUMPUR (Nov 14): Bina Puri Holdings Bhd (KL:BPURI) said on Thursday that its associate company KL-Kuala Selangor Expressway Bhd (Latar) has won an arbitration case against Prolintas Expressway Sdn Bhd and was awarded RM46.13 million. According to bourse filing, Bina Puri said it received the final award of the arbitral tribunal judgment on Nov…
Read MoreNik Fauzan (second from left) and Reime Rizal (right) taking a photo with the top-performing real estate agents. KUALA LUMPUR: As MTD Properties approaches its 35th anniversary next year, it is reinforcing its role as one of Malaysia’s top real estate developers, steadfast in its mission to create thriving communities and innovative spaces that shape…
Read MoreKUALA LUMPUR (Nov 13): Packaging solution provider Scientex Bhd (KL:SCIENTX) said it has established a multi-currency Islamic medium-term notes programme of RM1.5 billion in nominal value. The group, which lodged the Sukuk Wakalah Programme with the Securities Commission Malaysia on Wednesday, said proceeds from the issuance of the sukuk will be used to finance and…
Read MoreThe land, measuring 59.2 acres, is a leasehold land with remaining tenure expiring on Aug 6, 2113. The net book value of the property is about RM3.97 million as at end-Dec 2023. KUALA LUMPUR (Nov 13): Property developer Pasdec Bhd (KL:PASDEC) is expected to realise an estimated net gain of RM68.38 million from the proposed…
Read MoreKUALA LUMPUR (Nov 13): Aizo Group Bhd (KL:AIZO) has bagged a RM24.1 million sub-contract from China State Construction Engineering (M) Sdn Bhd (CSCE Malaysia) to undertake external infrastructure works for a high-rise residential project in Kuala Lumpur. In a bourse filing, Aizo said the project in Jalan Pantai Dalam includes a 37-storey tower with 440…
Read MoreDelivery of vacant possession without occupancy rights is against public policy, court rules Judge Datuk Ahmad Shahrir Salleh said between developers and purchasers, developers have an unequal advantage in bargaining power, and that delivering vacant possession of a property without allowing the purchasers the right to occupy the property is against public policy — even…
Read MoreHousing and Local Government Minister Nga Kor Ming: “For example, in Terengganu, the development of Pasar Payang Kuala Terengganu received an allocation of RM81.2 million, which covers the construction of a temporary market with an RM12.2 million allocation.” KUALA LUMPUR (Nov 13): The Madani government will continue to upgrade dilapidated public markets nationwide for the…
Read MoreThe company said it will focus on the timely completion of its on-going development projects, monetisation of its inventories and prudent financial management to navigate the evolving market environment. KUALA LUMPUR (Nov 12): GuocoLand (M) Bhd’s (KL:GUOCO) net profit more than halved to RM2.32 million in the first quarter ended Sept 30, 2024 (1QFY2025), from…
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