Kanger International bags RM478m contract to build two blocks of apartments in Genting Highlands
The project is expected to commence in June 2021 and will take approximately 48 months to be completed.
Thailand developers will soon offer real estate-backed digital tokens
Amongst the keen industry players, Thailand-listed developer SC Asset will be launching its initial coin offering (ICO) which will be the first of its kind in the country. The deal will also make Thailand the first country in Asia Pacific to launch asset-backed tokens.
Genting Malaysia’s senior management takes temporary voluntary 20% salary cut, asks staff to consider variation in employment contract based on rank
“We need to control RWG’s (Resorts World Genting's) cost base to ensure the sustainability of our business and to help protect as many jobs as possible during this challenging time,” the group explained.
DONE DEAL: Terraced house at Persiaran Zaaba, TTDI, Kuala Lumpur
Noteworthy:
● Freehold
● Land size: 1,800 sq ft; built-up: 2,200 sq ft
● Five bedrooms; three bathrooms
● Semi furnished
● Amenities nearby include shoplots, a public park and a basketball court and schools
When: November 2020
Advancecon bags RM14.6m ECRL subcontract
Advancecon said its wholly-owned unit Advancecon Infra Sdn Bhd (AISB) has accepted the Letter of Acceptance from China Communications Construction (ECRL) Sdn Bhd for the appointment.
Grand-Flo proposes two property acquisitions after posting higher net profit in FY20
It is buying the properties from Galeri Tropika Sdn Bhd (GTSB), which is majority owned by NCT Building & Civil Engineering Sdn Bhd (NCT BCE), a wholly-owned unit of NCT Venture Corp Sdn Bhd
Govt pays additional RM65 million to Dhaya Maju LTAT for work done on KVDT2
The payment of RM65 million is in addition to the RM137.5 million that the government paid last December. In total, the government has paid RM202.5 million for the work done on the rail track.
Covid-19: Seven new clusters identified, six linked to workplaces in Selangor, Johor and Penang
To date, Malaysia recorded 1,152 clusters, while 663 clusters have been declared ended as no new cases were reported in 28 days.
Three more Covid-19 vaccines granted conditional approval, says Health D-G
The three vaccines are AstraZeneca's Solution for Injection vaccine, Sinovac's CoronaVac Suspension for Injection vaccine and Pfizer's COMIRNATY Concentrate for Dispersion of Injection vaccine.
Covid-19: Malaysia records 1,555 new cases — lowest daily figure in 57 days, six deaths
This is the second day in a row that daily new cases stayed below the 2,000 mark. Yesterday, it was at 1,828.
