Lee, 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…
Read MoreKUALA LUMPUR (Oct 1): Kenanga Research expects more engineering, procurement, construction and commissioning (EPCC) contracts for renewable energy to be awarded as early as this month with a completion deadline by the end of 2025. In a note on Monday, the house observed a significant increase in order books mainly driven by EPCC jobs under…
Read MoreKUALA LUMPUR (Oct 1): AME Elite Consortium Bhd (KL:AME) is planning to establish a sukuk wakalah programme, with a total value of up to RM1.8 billion. Its wholly owned subsidiary AME Capital Sdn Bhd submitted a proposal to the Securities Commission Malaysia on Monday for the establishment of an Islamic medium-term notes (IMTN) programme valued at up…
Read More“In response to this overwhelming demand, we are excited to open registrations for Apex, which will add even more value to this exceptional community.” KUALA LUMPUR (Oct 1): Setia Awan Group launched its second transit-oriented development (TOD) named Astrum Shah Alam in Shah Alam on Sunday (Sept 29), with an 80% take-up rate for two…
Read MoreKUALA LUMPUR (Sept 27): Mechanical and electrical (M&E) services specialist Bintai Kinden Corp Bhd (KL:BINTAI) is doubling down on its construction division as part of its proposed regularisation plan to uplift the company from its Practice Note 17 (PN17) status. The group anticipates to divert 25% or more of its net assets into the division…
Read More(From left) Low, Ahmad Shahrir, Amirudin Shari and Borhan officiating at the unveiling ceremony of Putra Idaman. SELANGOR: Oriental Interest Bhd Group (OIB), in collaboration with Permodalan Negeri Selangor Bhd (PNSB) through its subsidiary, PNSB Construction Sdn Bhd (PCSB) unveiled Putra Idaman, a new affordable housing project that aims to support urban growth in Selangor….
Read MoreKUALA LUMPUR (Sept 27): Property developer Talam Transform Bhd (KL:TALAMT) has proposed to consolidate every five existing shares held by its shareholders into one share, with the entitlement date to be determined later. In a bourse filing on Friday, Talam said the consolidation may reduce the volatility of its share price, as they are currently…
Read MoreAt the groundbreaking ceremony were (from left) Cheong. Yih Pyng, Mohd Jusni, Sze Han, Low, Amirudin Shari, You, Hasan, Hairol, Mohd Hasry and Nazli. —AZMAN GHANI/The Star The highly anticipated groundbreaking ceremony of Ancubic A-Park Bangi marked a pivotal moment for the region, drawing industry leaders, government officials and business executives to witness the beginning…
Read MoreWhat are new property launches like in KL this year? What type, how much? How do prices compare to the last 10 years? We put together the data for you to find out what you need to know. KUALA LUMPUR (Sept 30): Property prices have been steadily increasing year after year in Kuala Lumpur —…
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