Kerjaya Prospek Property appoints Joanne Lee as new CEO
Kerjaya Prospek Property Bhd has appointed Joanne Lee as its new chief executive officer, effective Thursday (July 13).
Kerjaya Prospek Property Bhd has appointed Joanne Lee as its new chief executive officer, effective Thursday (July 13).
Kuala Lumpur Kepong Bhd's (KLK) property arm is expected to contribute higher earnings to the group in three years, due to future launches and sales at its Bandar Seri Coalfields (BSC) retail mall, while the revival of the Kuala Lumpur-Singapore High Speed Rail (HSR) may be a boon to its Johor developments, said Maybank Investment Bank.
Solarvest Holdings Bhd’s unit has signed an agreement to collaborate with Perbadanan Kemajuan Negeri Selangor to install residential solar solutions in the homes of the state development arm's employees.
Stella Holdings Bhd said its unit has won a RM91.36 million sub-contract for a medium-cost apartment project undertaken by the Penang State Islamic Religious Council in the Seberang Perai Tengah district.
The Construction Industry Development Board Malaysia (CIDB) has launched the National BIM e-Submission Initiative (NBES) to accelerate the Building Information Modelling (BIM) technology adoption in Malaysia, and improve the review and approval process of building plans by local authorities.
Given the hefty debt on the government's shoulders, the revived Kuala Lumpur-Singapore High-Speed Rail (KL-SG HSR) project is expected to be fully funded and driven by the private sector, according to MyHSR Corp Sdn Bhd.
MyHSR Corp said it is embarking on a full-fledged request for information (RFI) that will be opened to all these three parties to submit their concept proposals.
The project is currently 76% completed and slated for completion in 4Q2023.
The company said Scientex Lestari proposes to develop the land into a mixed-development property, consisting of approximately 7,000 affordable houses.
The group, via wholly-owned subsidiary CIC Construction Sdn Bhd, had bought the initial 70% stake in RYRT International, a Kota Kinabalu-based construction player in January 2022.