KUALA LUMPUR (Sept 8): All work at the construction site for the Sungai Rasau Water Supply Scheme (Stage 1) project, located at Taman Mas, Puchong, Selangor has been halted to evaluate the situation and implement additional safety protocols. Gamuda Berhad (KL:GAMUDA) in a statement said all parties at the construction site are working closely with…
Read MoreLaw firm succeeds in setting aside restraining order for filing winding-up petition against Country Heights over legal fees owed Country Heights, in a statement issued to Bursa Malaysia last month, said the petition arises from the company’s failure to settle a sum of RM425,060 that arose from the legal service provided for the corporate exercise…
Read MoreBuilding better cities: The role of public-private partnerships in urban regeneration “Urban regeneration is a process that takes time and involves multiple stakeholders coming together. It requires a clear vision, private investment and community engagement.” KUALA LUMPUR (Sept 9): As the world grapples with rapid urbanisation, the success of urban regeneration projects hinges on strong…
Read MoreKUALA LUMPUR (Sept 5): Sentoria Group Bhd (KL:SNTORIA) said on Thursday that Messrs Grant Thornton Malaysia PLT (GTM) has voluntarily resigned as the company’s external auditors. In a bourse filing, Sentoria said it had received a resignation notice from Grant Thornton Malaysia, dated Sept 2. However, it did not specify the reason for its departure….
Read MorePhase 2 of Ridge View is part of the larger Ridge View landed hilltop residential development in Puchong, which will be developed in six phases. KUALA LUMPUR (Sept 6): IJM Land Bhd officially launched Phase 2 of Ridge View @ Puchong on Friday. This phase was soft-launched on June 29 and has been 70% taken…
Read MorePNSB, Gagasan Nadi Cergas break ground for Rumah Idaman Amani at City of Elmina, Shah Alam The project comprises 1,063 units, spread over two towers, with built-up size of 1,000 sq ft and 1,120 sq ft. All of the units will be furnished with television, refrigerator, kitchen cabinets, closets, water heaters and air-conditioners. The selling…
Read MoreIts outstanding order book now amounts to RM2.8 billion, which would provide earnings for the next four years. KUALA LUMPUR (Sept 5): Binastra Corporation Bhd (KL:BNASTRA) said on Thursday it has secured a construction contract worth RM283.33 million for an apartment project in Kuala Lumpur. Works on the contract are expected to be completed within…
Read MoreKUALA LUMPUR (Sept 5): Bank Negara Malaysia (BNM) is under no pressure to adjust its benchmark interest rate, despite global central banks leaning towards policy easing, thanks to stable inflation and a positive growth outlook, economists said. BNM on Thursday announced that the overnight policy rate (OPR) will remain at 3% following the Monetary Policy…
Read MoreKUALA LUMPUR (Sept 5): Kerjaya Prospek Property Bhd’s (KL:KPPROP) chief executive officer Joanne Lee Sor Phaik has resigned from her role after only slightly more than a year helming the property developer. In a filing with Bursa Malaysia on Thursday, Kerjaya Prospek Property said Lee, 54, had stepped down “to pursue personal interest”. According to…
Read MoreKUALA LUMPUR (Sept 5): Systech Bhd (KL:SYSTECH) has teamed up with Pinetop Technology Venture Sdn Bhd to develop and operate data centres. In a bourse filing on Thursday, the information technology services firm announced that its wholly-owned subsidiary, SysAIU Sdn Bhd, has entered into a collaboration agreement with Pinetop Technology Venture Sdn Bhd to establish,…
Read More
