KUALA LUMPUR (Sept 17): Many may not know that a Malaysian construction company, Eversendai Corp Bhd, is one of the main contributors to the construction of several iconic landmarks in the world including Burj Khalifa (Dubai), Al Shams Sky Tower (Abu Dhabi) and KLCC (Petronas) Twin Towers and Merdeka 118 Tower. The achievement was shared…
Read MoreRooftop solar quota for households under net energy metering fully subscribed again An initial quota of 150MW for NEM Rakyat was fully taken up in November 2023, alongside the initial 800MW for commercial and industrial segment dubbed NEM Nova. KUALA LUMPUR (Sept 17): The 350-megawatt (MW) quota for rooftop solar allocated under the Net Energy…
Read MoreKUALA LUMPUR (Sept 17): Alliance Bank Malaysia Bhd announced that its chairman Tan Sri Ahmad Mohd Don, 77, has passed away earlier on Tuesday. Ahmad started helming the Alliance Bank group as chairman on Feb 1, 2017 and was instrumental in Alliance Bank’s transformation journey, emphasising the inculcation of the bank’s core values in everything it does,…
Read MoreThe property, situated on freehold land measuring 23,479.51 sq ft, is located in Jenjarom, Selangor. KUALA LUMPUR (Sept 13): Kein Hing International Bhd (KL:KEINHIN) is acquiring a semi-detached factory with offices for RM5.9 million in cash. The property, situated on freehold land measuring 23,479.51 sq ft, is located in Jenjarom, Selangor. Kein Hing has entered…
Read MoreKUALA LUMPUR (Sept 13): The new 200,000 sq ft 50 Electric Boulevard office building at the Battersea Power Station development in the UK will be home to global marketing agency Team Lewis, which will occupy the entire top floor measuring 10,500 sq ft of the Foster + Partners-designed workspace, according to a press release on…
Read MoreKUALA LUMPUR (Sept 13): Grand Central Enterprises Bhd’s (KL:GCE) major shareholders failed in their bid to take the hotel operator private, after the proposal was rejected by minority shareholders at an extraordinary general meeting (EGM) on Friday. Tan Chee Hoe & Sons Sdn Bhd and Hotel Grand Central Ltd — which together hold a 72.65%…
Read MoreFollowing the termination, Sinmah Capital said it shall receive a settlement sum of RM12.3 million in instalments, given the sum was paid to KLFA to purchase the land previously. KUALA LUMPUR (Sept 13): Sinmah Capital Bhd (KL:SMCAP) has announced that its partnership with the Kuala Lumpur Football Association (KLFA) to develop a mixed development in…
Read MoreBased on EdgeProp EPIQ analysis, there are a total of about 84 upcoming projects along the MRT3 Line. Comprising mainly residential properties, they offer a variety of housing options. KUALA LUMPUR (Sep 14): The Mass Rapid Transit (MRT) Circle Line, also known as MRT3, is a major addition to the Klang Valley’s transportation network. Highly…
Read MoreAll units are semi furnished with 3 bedrooms and 2 bathrooms, and have selling prices starting at RM511,400. KUALA LUMPUR (Sept 13) CPI Land has officially launched Tuan Heritag3, the latest development in the Tuan Series. Strategically located in Segambut, Tuan Heritag3 offers luxury condo units with built-ups of 820 to 1,026 sq ft. All…
Read MoreChin Hin founder Chiau Beng Teik ceases to be substantial shareholder in NCT Alliance Following the disposal, Chiau’s shareholding in NCT has fallen to 74.94 million shares or a 4.48% stake — below the 5% threshold required to be deemed a substantial shareholder. KUALA LUMPUR (Sept 12): Chin Hin Group Bhd (KL:CHINHIN)’s founder Datuk Seri…
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