Gamuda-Samsung joint venture wins RM2.7 bil contract in Australia
Gamuda Bhd (KL:GAMUDA) said on Wednesday its joint venture has secured a construction contract worth close to RM2.7 billion in Australia.
Gamuda Bhd (KL:GAMUDA) said on Wednesday its joint venture has secured a construction contract worth close to RM2.7 billion in Australia.
AWC Bhd (KL:AWC) has secured a RM42.3 million subcontract from Gamuda Engineering Sdn Bhd for mechanical works at a hyperscale data centre development in Puncak Alam, Selangor.
Sunsuria Bhd (KL:SUNSURIA) is raising its stake in KL City Gateway Sdn Bhd (KLCG), the developer of the Kampung Sungai Baru redevelopment project, to 61% from 20%.
The much-anticipated Urban Renewal Bill 2025 (URA Bill) has been postponed again, as its debate did not take place during the current parliamentary session.
Data centres in Selangor and Johor consumed a fraction of the water they requested last year, with the government saying revenue from the centres is sufficient to safeguard the water supply system.
The Transport Ministry said it has commenced a feasibility study on the proposed Trans Borneo Railway project to assess the potential development of a rail network across Sabah and Sarawak.
Rapid Synergy Bhd (KL:RAPID) said on Friday it is selling its Teluk Intan commercial property, Rapid Mall Seri Intan & Giant, to Lotuss Stores (Malaysia) Sdn Bhd for RM41 million.
Builder and property developer Chin Hin Group Bhd (KL:CHINHIN) is partnering with PTT Synergy Group Bhd (KL:PTT) to jointly develop smart warehouses, industrial parks and digital logistics infrastructure.
Data centres across Malaysia are currently consuming less than half of their declared electricity demand, which could create the risk of stranded assets, the government flagged.
Sarawak Consolidated Industries Bhd (KL:SCIB) said it has accepted a second revised contract worth RM172.4 million to build affordable housing in Kota Bharu, Kelantan.