This 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 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 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 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…
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