Binastra gets RM574 mil construction job from Exsim Jalil
Binastra Corp Bhd (KL:BNASTRA) has secured a project worth RM574.4 million from Exsim Jalil Link Sdn Bhd for a proposed development of a data centre.
Malaysia’s property sales surge 23.8% y-o-y to RM105b in 1H2024, says Napic
Malaysia’s property transaction value soared to RM105.65 billion in the first half of 2024 (1H2024), marking a 23.8% year-on-year (y-o-y) increase — the highest in five years — according to the National Property Information Centre (Napic).
Marriott International officially opens Penang Marriott Complex at Gurney Drive
Marriott International Inc officially opened the Penang Marriott Complex along Gurney Drive in George Town, Penang, on Sunday.
Law firm succeeds in setting aside restraining order for filing winding-up petition against Country Heights over legal fees owed
The High Court here has allowed Messrs Chellam Wong to set aside a restraining order obtained by public-listed Country Heights Holdings Bhd (KL:CHHB) for filing a winding-up petition against it (Country Heights) over RM425,060 in unpaid debt since September 2023, over legal services the law firm had provided in relation to the company’s corporate exercise.
RHB upgrades basic construction materials to 'overweight', Cahya Mata Sarawak the top pick
RHB Research has upgraded the basic construction materials sector to 'overweight' from 'neutral', amid a positive outlook on aluminium and cement companies under its coverage.
JHM acquires leasehold land with buildings in Sungai Petani for RM21 mil
JHM Consolidation Bhd is buying a leasehold land with two factories in Sungai Petani, Kedah for RM20.9 million.
MIDF positive on REITs' earnings prospects for 2H2024 amid bright retail, industrial outlook
The earnings prospect for real estate investment trusts (REITs) in the second half of this year is expected to remain positive, due to the bright outlook for the retail industry and industrial segment in Malaysia, according to MIDF in a note on Friday.
PNSB, Gagasan Nadi Cergas break ground for Rumah Idaman Amani at City of Elmina, Shah Alam
Permodalan Negeri Selangor Bhd (PNSB) and Gagasan Nadi Cergas (KL:NADIBHD) has announced the commencement of construction for its Rumah Idaman Amani in Shah Alam. The project has a gross development value (GDV) of RM286 million.
IJM Land’s Phase 2 of Ridge View @ Puchong has 70% take-up
IJM Land Bhd officially launched Phase 2 of Ridge View @ Puchong on Friday. This phase was soft-launched on June 29 and has been 70% taken up since then.
Revised public display of MRT3 seen as another step forward, indicating govt commitment to project
A revised public display of the third phase of the Mass Rapid Transit (MRT3) indicates the government’s commitment and another step forward for the project, CIMB Securities said.
