News by theedgemalaysia.com

Binastra Corporation Bhd (KL:BNASTRA) said on Thursday it has secured a construction contract worth RM283.33 million for an apartment project in Kuala Lumpur.

Inta Bina Group Bhd (KL:INTA) has secured another construction contract from Sime Darby Property Bhd (KL:SIMEPROP) worth RM96.55 million to undertake main building and construction works for a 37-storey serviced apartment project in Putra Heights, Selangor.

Malaysia’s central bank on Thursday left the benchmark interest rate unchanged as widely expected, drawing comfort from sustained economic expansion and benign inflation.

Finding a balance between housing affordability and project profitability is crucial to ensure a vibrant real estate industry that benefits all stakeholders, said UEM Sunrise (KL:UEMS) and UEM Group Bhd chairman Datuk Hisham Hamdan.

Facilities and waste management services company AWC Bhd (KL:AWC) has received a letter of award worth RM19.9 million sub-contract from Gamuda Engineering Sdn Bhd for construction works related to a data centre project in Rawang, Gombak.

Industrial rubber hose maker Wellcall Holdings Bhd (KL:WELLCALL) is acquiring three parcels of leasehold land in Ipoh, Perak for RM32 million.

Khoo told the press that the company will have a long-time collaboration with GreenRE under the MOU, with 17 of its projects being GreenRE-certified.

The announcement follows the company's successful acquisition of a 100% stake in Setia Gardens Development Sdn Bhd on Aug 28.

BIMB's evaluation comes after mixed earnings results from major companies in the property sector.

The contract was awarded to its wholly-owned subsidiary, Econpile (M) Sdn Bhd, from Platinum Victory Property Sdn Bhd.