KUALA LUMPUR (Oct 4): Gamuda Land Bhd, the property arm of Gamuda Bhd (KL:GAMUDA), has taken over the management and operations of Paya Indah Discovery Wetlands at Gamuda Cove, Kuala Langat. The 1,111-acre wetlands was opened to the public in January 2020 and jointly managed by Gamuda Land Leisure and Perhilitan until October 2024. According…
Read MoreDesigned by world-renowned architects, the Melbourne CBD’s newest super tower is poised to redefine urban living in the city. KUALA LUMPUR (Oct 3): S P Setia Bhd will be unveiling ATLAS Melbourne, the Melbourne CBD’s newest super tower this weekend. “Designed by world-renowned architects, this modern masterpiece is poised to redefine urban living in Melbourne,”…
Read MoreThis latest win marks Econpile’s fifth contract secured since the beginning of the year. KUALA LUMPUR (Oct 2): Econpile Holdings Bhd (KL:ECONBHD) has secured two contracts from Sg Besi Construction Sdn Bhd, totalling RM33.3 million, to carry out piling and substructure works for residential and office buildings in Kuala Lumpur. The first contract, worth RM21.3…
Read MoreThe acquisition is expected to boost Sunway’s gross development value (GDV) to RM58 billion with the planned RM3.2 billion development project, CIMB Securities said in a note. KUALA LUMPUR (Oct 3): Analysts have deemed Sunway Bhd’s (KL:SUNWAY) acquisition of a 17.58-acre freehold land in Taman Taynton, Kuala Lumpur, for RM320 million as fair, citing attractive…
Read MoreKUALA LUMPUR (Oct 1): Plenitude Bhd (KL:PLENITU) has appointed chief financial officer (CFO) Ang Kooi Yong as its new chief executive officer, effective immediately. Ang, 58, is succeeding Lee Wee Kee, 59, who resigned on Monday (Sept 30) due to personal reasons after serving as group CEO for 19 months. Prior to joining Plenitude, Ang…
Read MoreKUALA LUMPUR (Oct 2): Sime Darby Property Bhd (KL:SIMEPROP) held a groundbreaking ceremony on Tuesday (Oct 1) to commence the construction of Google’s first data centre in Malaysia at Elmina Business Park in the City of Elmina township, Selangor. In a press statement on Wednesday, Sime Darby Property managing director Datuk Seri Azmir Merican said:…
Read MoreSunway acquires prime freehold land in Kuala Lumpur for a RM3.2 bil GDV mixed-use development 17.58-acre prime freehold land in Taman Taynton for a purchase consideration of RM320 million. KUALA LUMPUR (Oct 2): Sunway Bhd, through its wholly-owned subsidiary Sunway Melawati Sdn Bhd, has entered into a sales and purchase agreement with Viva Impian Sdn…
Read MoreFollowing the acquisition, Edxus Solutions now holds 26.93% of Magna Prima, being the largest shareholder. Magna Prima’s other substantial shareholders include Lee Hock Seng (12.74%) and Joanne Yew Hong Im (6.54%). KUALA LUMPUR (Oct 1): Datuk Seri Wong Sze Chien and Seah Ley Hong have emerged as substantial shareholders of property developer Magna Prima Bhd…
Read MoreLee, who has extensive experience in property development and project management, was appointed as Plenitude CEO in February 2023. KUALA LUMPUR (Oct 1): Property developer Plenitude Bhd (KL:PLENITU) announced that its chief executive officer Lee Wee Kee has stepped down from his position effective immediately. In a bourse filing, the group said Lee’s resignation was…
Read MoreJati Tinggi has secured five similar contracts totalling RM118.26 million in March, July and September this year. KUALA LUMPUR (Oct 1): Infrastructure and engineering company Jati Tinggi Group Bhd (KL:JTGROUP) has secured a sub-contract worth RM50.87 million for 132kV underground single circuit cable installation in Cyberjaya, Selangor. The contract was awarded to its wholly owned…
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