Kerjaya Prospek Group Bhd (KL:KERJAYA) has received a RM502.27 million contract from Tanjung Pinang Development Sdn Bhd for the execution and completion of reclamation and dredging works for the Seri Tanjung Pinang (Phase 2B and 2C) Development (STP2) in Penang.
Transport Minister Anthony Loke told the Dewan Negara on Monday that the delayed Light Rail Transit 3 (LRT3) line is set to be operational by June this year.
RHB Investment Bank (RHB IB), which cut Econpile Bhd’s (KL:ECONBHD) earnings forecasts and target price, still expects its share price to almost double to 44 sen over the next 12 months. The stock was trading at 22.5 sen earlier.
FBG Holdings Bhd (KL:FBG) has secured a RM238.1 million contract for the main building works of a 25-storey hotel above the existing The Mall, Mid Valley Southkey in Johor Bahru.
Seal Inc Bhd (KL:SEAL) is relinquishing control over its 31.50-acre reclamation project in Penang to a unit of Penang property developer GSD Land (M) Sdn Bhd to reduce financial risk and funding pressure during the project’s long gestation period.
Johan Holdings Bhd (KL:JOHAN) said its 80%-owned unit is selling a hotel in Lumut, Perak, and three adjoining parcels of land for RM47.43 million in cash—a value that almost doubled its market capitalisation of RM24.33 million as of Monday (Feb 16).
Construction services outfit GDB Holdings Bhd (KL:GDB) clarified on Monday that it has not issued, authorised or circulated any share investment scheme promising investors a 20% annual return.
GDB Holdings Bhd (KL:GDB) is acquiring three parcels of leasehold land in Kuching, Sarawak for RM32.72 million, marking its expansion into property development there.
UDA Holdings Bhd has handed over keys to more than 70 buyers of its UDA Heights landed residential project in Bandar UDA Utama, Johor, two months ahead of schedule.
Wawasan Dengkil Holdings Bhd (KL:DENGKIL) announced that it secured a RM24.8 million subcontract for external works at a hyperscale data centre project in Puncak Alam, Selangor.
The only property app you need. More than 200,000
sale/rent listings and daily property news.
