News by M

Global Oriental Bhd, whose revenue is mainly derived from property development, is acquiring a 55% stake in a car park management firm to expand its earnings base.

Gamuda Land on Thursday signed memorandum of understanding (MOU) with 12 tenants for its upcoming Quayside Plaza in its twentyfive7 township development located in Telok Panglima Garang, Selangor.

Timber manufacturer Minho (M) Bhd said it is acquiring a 7.84-hectare piece of freehold land in an industrial area in Kuala Selangor for RM18.41 million.

The National House Buyers Association (HBA) acknowledges the challenges faced by our Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim in tabling Budget 2024 from the MADANI Government last Friday (Oct 13) amidst the rising cost of living and various global economic headwinds.

Penang Chief Minister Chow Kon Yeow will be taking legal action against the president of the Penang Chinese Chamber of Commerce (PCCC), Tan Sri Tan Kok Ping, for allegedly making defamatory statements against him.

AREA Real Estate Advisory Sdn Bhd has completed a commissioned feasibility study to assess the viability of a freehold industrial site located at the Delapan Special Border Economic Zone (Delapan SBEZ). The site has been selected to be developed into a hyperscale data centre park called the AREA Data Centre Campus (ADCC).

Plenitude Bhd’s Hibiscus, comprising 199 double-storey homes in its 285.5-acre Impian Hills township in Ulu Tiram of Johor, has achieved a take-up rate of 50% since its preview in August.

“Nga: Akta Pembaharuan Bandar akan dibentang tahun depan,” terpapar di laporan utama berita. Laporan tersebut menyebut Menteri Pembangunan Kerajaan Tempatan (KPKT) Nga Kor Ming, menekankan akan kepentingan Akta ini dalam mempastikan pembaharuan bandar yang sistematik, teratur dan efisien demi meningkatkan ekonomi negara.

Hua Yang Bhd’s net profit rose 58.75% to RM535,000 for the second quarter ended Sept 30, 2023 (2QFY2023) from RM337,000 a year earlier, amid a surge in revenue.