SunCon bags RM1.7b data centre construction job
The construction firm’s wholly owned subsidiary Sunway Construction Sdn Bhd entered into the contract with Yellowwood Properties Sdn Bhd on Dec 31, 2022.
New govt voices support for stamp duty exemptions given to first-time home buyers
The new government is supportive of the 50% stamp duty exemption given to first-time home buyers for the transfer of residential properties priced between RM500,000 and RM1 million, said Local Government Development Minister Nga Kor Ming.
TM: Exit from KL Tower concession is to focus on strengthening core business
Telekom Malaysia Bhd (TM) has clarified that the telecommunications giant's decision to exit the Kuala Lumpur Tower (KL Tower) concession is part of its business transformation programme to focus its efforts and resources on strengthening its core business of telecommunications and technology.
LFE to undertake private placement to fund construction firm buy
The private placement entails the issuance of 240.41 million new shares — 30% of LFE's total issued shares — to raise RM20.77 million based on an issue price of 8.64 sen apiece.
Jiankun hit with RM13m demand notice from JV partner for residential project
FiveStar is seeking the payment of RM12.98 million in unpaid sums due and owed by Jiankun’s unit JKI Development Sdn Bhd pursuant to a joint venture agreement (JVA) dated July 28, 2015, and a supplementary JVA dated Oct 5, 2016.
Rafizi: Budget 2023 to be tabled earliest in January
“The Government will table the emoluments budget in the next sitting, and then the full Budget will be tabled maybe in a matter of one to two months after that.”
FoundPac to make RM25.5m land purchase to boost production capacity
It envisages no major capital expenditure required to enhance the building to cater for its production requirement.
UEM Sunrise to dispose of 1,776.6 acres of land in Perak to Sunsuria for RM75.52 mil
UEM Sunrise Bhd is disposing of 17 parcels of land in Perak, measuring a cumulative 1,776.6 acres to Sunsuria Bhd for RM75.52 million, as part of the group’s strategy to monetise non-strategic lands.
Ireka slapped with RM98 mil suit linked to JV agreement
Ireka Corp Bhd has been slapped with a RM97.91 million suit from a joint venture (JV) partner linked to obligations of a JV agreement for a development project.
AmFIRST REIT CEO steps down effective Dec 1
In a Bursa Malaysia filing, AmFIRST REIT said Raja Nazirin Shah Raja Mohamad, 59, has resigned as CEO and director of the REIT “to pursue other opportunities”.
