Sime Darby Property, TNB seal MOU on solar energy initiatives
Sime Darby Property Bhd has signed a memorandum of understanding (MOU) with Tenaga Nasional Bhd (TNB) to integrate rooftop solar solutions in the group’s townships and developments.
Kenanga stays ‘neutral’ on REIT sector as inflationary pressure, targeted fuel subsidies may drag prospects
Kenanga Research maintained its “neutral” call on the real estate investment trust (REIT) sector due to subdued consumer sentiment, dragged by inflation and the implementation of targeted fuel subsidies possibly undermining spending capacity.
Analysts raise target prices for Scientex on robust property demand
Analysts have raised their target prices (TPs) for Scientex Bhd after its financial results for the year ended July 31, 2023 (FY2023) met expectations, and as they are more bullish on the company’s property segment due to the stable interest rate environment.
Central Global files lawsuit over outstanding payments from Penang apartment construction job
Central Global Bhd’s (CGB) wholly-owned unit Proventus Bina Sdn Bhd has commenced a legal suit against Tang Kae Shih for outstanding payments related to a residential apartment contract in Penang worth RM42.24 million.
DONE DEAL: Terrace house, Bandar Baru Bangi, Selangor
Noteworthy:
- Leasehold
- Built-up size: 1,999 sq ft
- Land size: 1,672 sq ft
- 4 bedrooms, 3 bathrooms
- Semi-furnished
- Nearby amenities: Convenience stores, schools, Bangi Gateway Shopping Complex, IOI City Mall, KIP Mall, UKM Commuter Station
- Accessibility: Kajang-Seremban highway, SILK highway
When: June 2023
The Exchange TRX's retail precinct to open on Nov 29
The Exchange TRX's retail component in the Tun Razak Exchange, Kuala Lumpur is set to open its doors on Nov 29, according to a Lendlease press release on Wednesday.
Rejuvenating and enhancing the resilience of Kuala Lumpur from the perspectives of YPLab 2023 judges
Young People’s Lab (YPLab) 2023, an intervention workshop program that created a platform for the youth to express their ideas on what makes a sustainable and resilient city, came to an end on Sunday (Sept 17) at the Pitch Day event held at the PAM Centre with a winning team that wowed the judges.
EcoWorld International expects total dividends from its excess cash to exceed initial estimate of RM900 mil
Eco World International Bhd has recorded a lower loss before tax of RM10.11 million in 3Q2023 compared to LBT of RM55.45 million in 3Q2022, it announced to day.
The Visionaries win judges’ hearts with down-to-earth solutions at YPLab 2023
After a gruelling three weeks, the Young People’s Lab (YPLab) 2023 finally crowned The Visionaries as its winning team, who will get to showcase their ideas at the International World Class Sustainable Cities (WCSC) Conference this month.
PTT Synergy ventures into warehouse leasing business, investing RM160m to build Shah Alam facility
Integrated construction and property firm PTT Synergy Group Bhd (PTTS) has diversified into the warehouse leasing business as it seeks alternative sources of revenue from recurring income properties.
