KUALA LUMPUR (Oct 21): Seni Jaya Corp Bhd is disposing of five parcels of shop offices located in Jalan Raja Abdullah, Kuala Lumpur for RM11.5 million, as part of the group’s business transformation plan to rationalise non-core assets and unlock their value. In a Bursa Malaysia filing on Friday (Oct 21), Seni Jaya said its wholly owned subsidiary...
Read moreKUALA 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...
Read moreKUALA 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...
Read moreSunway Property says that an additional RM4 billion in gross development value (GDV) is underway to support Sunway City Ipoh’s sustained socioeconomic growth for the following 10 to 15 years, According to Sunway City Ipoh executive director Wong Wan Wooi, the project’s current GDV of RM2 billion will increase as a result. Wong said an...
Read moreKUALA 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...
Read moreKUALA 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...
Read moreKUALA 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...
Read moreKUALA LUMPUR (Sept 13): Mah Sing Group Bhd is disposing of 13,695 sq metres of freehold land in Georgetown, Penang for RM66.33 million cash. In a bourse filing yesterday, Mah Sing said its wholly-owned subsidiary Klassik Tropika Development Sdn Bhd is selling the plot located in Pykett Avenue to Morningjoy Sdn Bhd. It said the land was acquired...
Read moreKUALA LUMPUR: Property developer Tropicana Corporation Bhd has signed a hotel management agreement with Marriott International Inc to build a five-star 270-key Sheraton Langkawi Resort & Spa at Tropicana Cenang, Langkawi. Tropicana said the collaboration came as Langkawi saw increasing tourist and investor interest, with the potential to reach a pre-pandemic tourism peak of four...
Read moreKUALA LUMPUR (Oct 12): Sunway City Ipoh has a RM4 billion expansion plan to support the city’s sustainable socio-economic growth. Sunway City Ipoh executive director Wong Wan Wooi revealed this plan during a private buyer’s appreciation night held recently at Sunway Onsen Suites in Ipoh. Wong said that to date, Sunway City Ipoh is worth RM2 billion in gross development value,...
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