Kuchai turns cash company after completing disposal of assets and liabilities to Sungei Bagan Earlier this month, Kuchai announced that the disposal of its assets and liabilities to Sungei Bagan had been revised lower due to the state authority’s rejection of a land transfer in Semenyih from Kuchai to Sungei Bagan. KUALA LUMPUR (Oct 15):…
Read MoreKUALA LUMPUR (Oct 14): Pan Malaysia Holdings Bhd (KL:PMHLDG), now trading under the name of Exsim Hospitality Bhd, has secured a RM47.4 million subcontract to provide interior design fit-out works to guest rooms at an office property in Damansara Perdana. The group said its wholly-owned subsidiary, Exsim Concepto Sdn Bhd (ECSB), received the letter of…
Read MoreKUALA LUMPUR (Oct 15): The police ordered the residents of 20 houses near the location of a landslide in Taman Melawati, Ampang, to evacuate their homes following the heavy rain on Tuesday morning. Ampang Jaya district police chief ACP Mohd Azam Ismail said all residents who were affected by the incident were ordered to evacuate to the Multipurpose…
Read MoreKUALA LUMPUR (Oct 15): Several areas in the capital were inundated on Tuesday morning due to heavy rainfall, with the reading taken at the city centre showing over 114 millimetres (mm) per hour, almost double the normal reading of 60mm per hour. The Kuala Lumpur City Hall (DBKL) said that continuous rain, starting from around 8.30am,…
Read MoreThey hope Malaysia to adopt policies that not only address immediate housing concerns but also lay the groundwork for a sustainable and equitable future in the property market by GLORIA HARRY BEATTY PROPERTY industry leaders are urging the government to prioritise strategic initiatives in Budget 2025 that enhance housing accessibility and sustainability, particularly for first-time…
Read MoreHowever, 169 of these ongoing projects were experiencing delays or difficulties, according to the AG’s statement regarding the AG’s Report 3/2024 on the federal government’s financial statements for 2023, presented in Parliament on Monday. KUALA LUMPUR (Oct 14): A total of 3,942 projects, or 45.9% of the 8,593 development projects under the 12th Malaysia Plan…
Read MoreEffective TOD requires not only inter-agency cooperation but also partnerships between local authorities and developers. KUALA LUMPUR (Oct 14): A comprehensive and progressive approach to urban planning will be the cornerstone of the National Planning Congress (NPC) 2024, as stakeholders gather to discuss innovative solutions for Malaysia’s rapidly growing cities. While national planning frameworks are in…
Read MoreKUALA LUMPUR (Oct 12): The Tourism, Arts and Culture Ministry (Motac) has launched an investigation to identify Malaysia My Second Home (MM2H) agents responsible for spreading misinformation regarding the programme. Its minister, Datuk Seri Tiong King Sing (pictured), stated that this action followed complaints from applicants, including claims that the programme is not yet operational…
Read MoreAt the topping out ceremony were (from fourth left) Gan, Beh and Tee as well as Wong (third from right) with the Eupe and TCS Construction. KUALA LUMPUR: Eupe Corporation Bhd (Eupe) recently marked a significant milestone with the topping-out ceremony of its latest project, Helix2 @ PJ South, a major step in the company’s…
Read MoreKUALA LUMPUR (Oct 14): Transport Minister Anthony Loke (pictured) has dismissed claims that the government is planning to introduce inheritance tax in Budget 2025 scheduled to be tabled on Friday (Oct 18). Loke said he had never heard of such a proposal in cabinet meetings, stated a number of reports. Loke, who is also DAP…
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