Fajarbaru buys Batu Kawan land for RM111m for healthcare hub project
The payment is for the purchase of land measuring 51.17 acres, for the Medi-City development.
Tanco partners with Negeri Sembilan state-owned firm to develop industrial park
The park, provisionally named the Port Dickson Free Zone (PDFZ), will be developed on 575 acres of land currently owned by SD Guthrie Bhd (KL:SDG), formerly known as Sime Darby Plantation Bhd.
Critical Holdings secures mechanical and electrical services job from IJM unit
Critical M&E Engineering Sdn Bhd will undertake the supply and maintenance of mechanical and electrical services for the new semiconductor plant — for a renowned US-based multinational company — located at the Batu Kawan Bandar Cassia Technology Park in Prai.
Ho Hup’s 52.5% indirect unit served with winding-up petition over payment dispute
The petition hearing is scheduled for Nov 18.
Pan Malaysia Holdings clinches RM47m subcontract in Damansara Perdana
The group said its wholly-owned subsidiary, Exsim Concepto Sdn Bhd (ECSB), received the letter of award from Discovery Media Sdn Bhd for the subcontract under a project involving the development of 560 office units.
GenM US unit says RAV Bahamas’ complaint baseless in US$600m lawsuit
The complaint, filed on Oct 7, named GenM’s indirect wholly owned subsidiary Genting Americas Inc, which is involved in the operations of Resorts World Bimini (RW Bimini) in the Bahamas, of which RAV Bahamas is seeking damages of more than US$600 million (RM2.57 billion).
Inheritance tax ‘could help reduce wealth inequality’?
The issue of inheritance tax has recently resurfaced when it was reported as one the proposals by “some financial analysts” for the upcoming Budget 2025. The purpose cited by the so-called expert was to “prevent the accumulation of unproductive wealth in families; which could help reduce wealth inequality”. And as with all taxes, it would of course, as claimed, be helpful in broadening the tax base and boosting government revenue.
Malaysia's TOD challenge: Bridging the policy gap
A comprehensive and progressive approach to urban planning will be the cornerstone of the National Planning Congress (NPC) 2024, as stakeholders gather to discuss innovative solutions for Malaysia's rapidly growing cities.
BCB acquires 54.7-acre Kluang land for RM31m
Property developer BCB Bhd (KL:BCB) has acquired four parcels of freehold land in Kluang, Johor, spanning a total of 54.71 acres, for RM31 million, cash.
Loke dismisses claims Putrajaya plans to introduce inheritance tax in Budget 2025
Transport Minister Anthony Loke has dismissed claims that the government is planning to introduce inheritance tax in Budget 2025 scheduled to be tabled on Friday (Oct 18).
