Chai Yee Choong, 54, has also stepped down as a non-independent director of the company, according to a stock exchange filing. KUALA LUMPUR (Dec 1): Property developer Asian Pac Holdings Bhd (KL:ASIANPAC) said its chief executive officer Chai Yee Choong (pictured) has resigned effective Monday (Dec 1) “to pursue other opportunities”. Chai, 54, has also…
Read MoreDeputy housing minister says 1,333 abandoned projects with GDV totalling RM126b revived as of Oct 31 Deputy Minister Datuk Aiman Athirah Sabu: To ensure developers take this issue seriously, the ministry has taken stern action, including prosecution, compounds and blacklisting developers who fail to comply with regulations under Act 118. KUALA LUMPUR (Dec 2): A…
Read MoreMyra, the residential arm of Oriental Interest Bhd (OIB), has formalised a collaboration with Panasonic Malaysia to equip every open market unit in its Myra Senja development with a curated package of essential, energy-efficient appliances. The initiative supports Myra’s mission to raise the bar for residential offerings in Subang 2 by delivering homes fitted with…
Read MoreKAMPUNG Sungai Baru residents are confident that the redevelopment project would deliver the housing commitments promised to them, Utusan Malaysia reported. They said the terms offered were favourable and consistent with agreements signed several years ago. Sabariah Amran, a terrace house owner, said the project had remained on track since negotiations began. “The Sungai Baru…
Read MoreKUALA LUMPUR (Nov 30): The nearly decade-long wait by residents of Kampung Sungai Baru has finally come to an end, as the long-delayed redevelopment project in the area officially kicked off on Sunday. The project is expected to be completed within four years. Minister in the Prime Minister’s Department (Federal Territories) Datuk Seri Dr Zaliha…
Read MoreExsim Development, Maba jointly break ground for 60-storey redevelopment project in KL With a gross development value of RM800 million, the project will offer about 1,300 units consisting of serviced apartments with built-ups from 484 to 657 sq ft, as well as office suites with built-ups from 323 sq ft. The selling prices are approximately…
Read MoreGolden Crown Residence rises 60 storeys above the heart of Kuala Lumpur, offering 490 exclusive units designed for modern urban dwellers who seek elevated living with sweeping city skyline views. Developed by internationally renowned Golden Eagle, the residence blends grandeur, lifestyle convenience, and global connectivity, making it an appealing choice for homeowners, investors, and expatriates…
Read MoreThe development will comprise production facilities, office space, a two-storey car park, a mechanical and electrical room, a rooftop canteen and other ancillary facilities. KUALA LUMPUR (Nov 27): Tuju Setia Bhd (KL:TJSETIA) has secured a RM54 million contract to construct a five-storey factory in Klang, Selangor. In a filing with Bursa Malaysia on Thursday, the…
Read MoreFIABCI-Malaysia president Dr Yu Kee Su emphasised that urban regeneration must uplift rather than displace communities, with good governance to protect the rights and relocation needs of affected residents. KUALA LUMPUR (Nov 27): FIABCI-Malaysia has pledged full support for the federal government’s Urban Renewal Bill 2025 while urging the authorities to provide clear regulations, implementation…
Read MoreFor the first nine months, the company racked up net profit of RM281.29 million, a 77% increase when compared to the same period in 2024. Cumulative revenue was RM499.57 million, up 61% year-on-year. KUALA LUMPUR (Nov 26): UOA Development Bhd (KL:UOADEV) more than doubled its earnings in the third quarter thanks to a surge in…
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