Advancecon to dispose of Kedah land to Thong Guan for RM34m

KUALA LUMPUR (Oct 25): Advancecon Holdings Bhd’s 51%-owned indirect subsidiary Spring Energy Sdn Bhd (SESB) is disposing of a piece of land in Kedah to plastic packaging manufacturer Thong Guan Industries Bhd for RM34 million or RM9.95 per sq ft. Measuring 317,300 sq m, the freehold vacant industrial land is located in Bandar Gurun in Kuala Muda. In...

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JKI partners with a landowner to build affordable houses in Semenyih

Jiankun International Berhad (JKI) plans to construct service apartments and affordable houses worth a total of RM215.1 million on a freehold parcel of land in Semenyih, Selangor. A joint development agreement (JDA) has been signed between JKI’s wholly-owned subsidiary Nagamas Bizworks Sdn Bhd, and the landowner NTL International Sbd Bhd. The project in Taman Anggerik,...

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Loyang Valley launched for collective sale at $980 mil

SINGAPORE (EDGEPROP) – Loyang Valley, an apartment complex, is launched for collective sale via tender from Oct 20 at an indicative price of $980 million, according to a press release from Huttons on Oct 19. Huttons Asia is the exclusive marketing agency for the property. The site, zoned for residential use with a plot ratio of 1.6,...

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IJM Corp unit wins two contracts worth a total of RM982 mil

KUALA LUMPUR (Oct 18): IJM Corporation Bhd’s wholly-owned subsidiary IJM Construction Sdn Bhd (IJMC) secured two contracts in Kapar and Shah Alam this week, amounting to RM982 million. IJMC bagged a RM831 million design-and-build-turnkey construction contract for a new 312-bedded government hospital in Kapar from the Ministry of Works, IJM Corp said. Construction works for the hospital with specialist...

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Infra Segi Revamps Selayang Star City In New Revival Plan

KUALA LUMPUR: White knight property developer Infra Segi Sdn Bhd will be launching 168 Park Selayang, previously known as Selayang Star City, which had been abandoned by its initial developer in 2016. Located along Jalan Kuching, Selayang, 168 Park Selayang aims to be a landmark development in the area, comprising three residential tower blocks and a...

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ECRL’s Kuantan Tunnel achieves tunnelling breakthrough ahead of schedule — MRL

KUALA LUMPUR (Oct 18): The East Coast Rail Link (ECRL) project’s 2.8-kilometre-long Kuantan Tunnel achieved a tunnelling breakthrough two months ahead of schedule on Monday, becoming the 12th ECRL tunnel to complete the excavation process to-date, said Malaysia Rail Link Sdn Bhd (MRL). MRL chief executive officer, Datuk Seri Darwis Abdul Razak, said the ECRL project has...

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Golden Land to purchase 19.8-acre land in Pahang for RM10m

KUALA LUMPUR (Oct 18): Oil palm planter and property development company Golden Land Bhd is to acquire two parcels of land situated in Bentong, Pahang for RM9.91 million, with the purpose of developing terrace houses on the sites. In a bourse filing on Monday (Oct 17), Golden Land said its wholly-owned subsidiary Scott Emas Sdn Bhd has inked...

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First super major bridge ‘stitching’ completed along ECRL stretch

KUALA LUMPUR (Oct 7): China Communications Construction (ECRL) Sdn Bhd (CCC-ECRL), the engineering, procurement, construction, and commissioning (EPCC) contractor for the East Coast Rail Link (ECRL) project, said it had completed the “stitching” of the Sg Kuantan Super Major Bridge crossing at the Jalan Kuantan-Sg Lembing C4 Highway. In a statement on Friday (Oct 7), CCC-ECRL said the 3.88km...

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