Melaka-based property developer Teladan Group Bhd's (KL:TELADAN) revenue expanded 17.7% to RM80.67 million — the highest since it was listed in March 2021 — for the financial quarter ended Sept 30 (3QFY2024) from RM68.56 million in the same quarter a year ago.
Construction company Binastra Corp Bhd (KL:BNASTRA) has secured a contract worth RM256.45 million for mechanical and electrical (M&E) fit-out works of a data centre in Bukit Jalil, Kuala Lumpur.
Malaysia’s short-term rental accommodation (STRA) industry requires “fair and balanced” regulations to ensure its growth is not stifled while addressing concerns raised by traditional hotel operators, according to Airbnb.
Sime Darby Property Bhd (KL:SIMEPROP) is integrating the solar-powered landed homes at its Elmina Ridge development in City of Elmina, Shah Alam, with the battery energy storage system (BESS).
Matrix Concepts Holdings Bhd’s (KL:MATRIX) Levia Residence condominium in Cheras has achieved a take-up rate of 70% since its official launch in January.
Datuk Doh Tee Leong — via his investment vehicle Bright Meadow Sdn Bhd — acquired an aggregate 59.88% stake (38.5 million shares) in Mercury Industries from various vendors for RM34.65 million or 90 sen per share on Monday.
This step, according to a bourse filing on Monday, is intended to enhance the credibility of the group with its bankers, investors, customers, and other stakeholders.
... thanks to higher contributions across all business segments — property development, property investment as well as leisure and hospitality.
AWC said the five-year contract will run from Dec 12, 2024, to Dec 11, 2029.
The construction outfit stated the works awarded are related to a large-scale mixed-use development in Damansara Perdana, Selangor.
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