Govt cuts property tax by 25% for affordable homeowners in Kuala Lumpur, introduces 'Madani Neighbourhood' initiative
This is to reduce the burden of living cost for the B40 and M40 income groups in the city.
TCS and developer mutually terminate construction contract to build condo because of higher building material cost
Due to higher construction material prices, TCS Group Holdings Bhd has scrapped its plan to develop a condominium project, known as Arcadia, in Kuala Langat, Selangor.
KIP REIT buys KIPMall Kota Warisan for RM80m, proposes private placement to raise up to RM10m
KIP Real Estate Investment Trust (KIP REIT) is buying KIPMall Kota Warisan in Sepang, Selangor for RM80 million cash.
New PN17 entrant Zelan terminates CEO’s contract
Construction engineering company Zelan Bhd has decided to terminate the contract of its chief executive officer (CEO) Hazimi Baharum.
Mah Sing buys land to develop RM480m GDV residential project in Johor
Mah Sing Group Bhd is buying two plots of land measuring 75.75 acres in Johor Bahru for RM76.09 million to develop a residential project with a gross development value (GDV) of RM480 million.
Pesona Metro bags RM180m job to build Finas headquarters
Pesona Metro Holdings Bhd won a RM180.84 million contract to undertake subcontract works for the construction of the Malaysian National Film Development Board’s (Finas) headquarters in Damansara Damai, Petaling Jaya.
Boustead Holdings to be suspended on June 20 on LTAT’s successful takeover bid
LTAT announced the successful takeover bid after its offer for BHB closed at 5pm on Monday (June 12).
Top Builders says forensic auditors not appointed due to financial constraints; submits 1QFY2023 report but still owes two other reports
Top Builders Capital Bhd, which previously delayed the release of its annual report for the financial year ended June 30, 2022 (FY2022) to complete a forensic audit on irregularities found in the group's scheme of arrangement, now says it did not appoint any forensic auditors to look into the matter due to budgetary constraints.
Kimlun bags two construction contracts worth RM95.4 mil in Johor Bahru
Kimlun Bhd said it has secured two construction contracts in Johor Bahru from Bandar Nusajaya Development Sdn Bhd worth a total of RM95.41 million.
AWC secures four LRT-related contracts from Prasarana worth RM52 mil
AWC Bhd said it has secured four light rail transit (LRT)-related contracts in the Klang Valley from Prasarana Malaysia Bhd worth a total of RM51.99 million.
