MIDF stays positive on construction sector with encouraging developments in Sarawak
MIDF Research has maintained its “positive” rating of the construction sector, with encouraging developments seen in Sarawak.
Editor's Pick
DONE DEAL: Residential land at Taman Bukit Suria, Kajang, Selangor
Noteworthy:
- Freehold
- Land size: 19,375 sq ft
- Corner lot
- Nearby amenities: AEON Cheras Selatan, Impiana Golf & Country Club, Universiti Tunku Abdul Rahman (UTAR), Columbia Asia Hospital (Cheras), Bukit Dukung mass rapid transit (MRT) station
- Accessibility: Cheras-Kajang Expressway, Kajang Dispersal Link Expressway (SILK), North-South Highway
When: April 2022
Swift Haulage to dispose of industrial state lease land in Klang for RM38.36 mil
Swift Haulage Bhd has announced that it is disposing of a 4.816-hectare piece of land in Klang, Selangor for RM38.36 million.
Having already raised RM84 million, TWL plans another cash call
TWL Holdings Bhd (previously known as Tiger Synergy Bhd) has proposed a renounceable rights issue of five-year redeemable convertible unsecured loan stocks (RCULS) that come with free detachable warrants.
Majuperak embarks on maiden development outside Perak with Nexus Residences
Majuperak Holdings Bhd (MHB) has marked a significant milestone with its first property development project outside Perak, Nexus Residences, with a total gross development value of RM121.68 million.
After Ranhill and KPower, now MK Land gets four-year PPA extension for solar project
The Energy Commission (EC) has granted MK Land Holdings Bhd a four-year extension to its power purchase agreement (PPA) for its 10.95 MW Large Scale Solar Photovoltaic Plant (LSSPV) in Kerian, Perak.
Public Bank to provide Gamuda Land special sustainable financing package
Public Bank Bhd will provide a special sustainable financing package to Gamuda Land, following their memorandum of understanding (MOU) on green and sustainable developments financing.
GuocoLand 4Q profit jumps over three times as property development, hospitality businesses improve
GuocoLand (Malaysia) Bhd's net profit for the fourth quarter ended June 30, 2022 (4QFY22) jumped over three times to RM23.79 million from RM7 million a year before, due to higher contribution from the property development division and lower loss incurred by the hospitality division.
JuwaI IQI: Weakening ringgit attracting foreign property investors
The weakening ringgit, which has lost more than 6% of its value against the US dollar so far this year, has been luring foreign investors back into the Malaysian property market, said real estate technology group Juwai IQI.
Affordable housing: No discrimination against people with disabilities, elderly says KPKT
There is no discrimination against persons with disabilities (PWD) and the elderly in their application for houses under the Ministry of Housing and Local Government (KPKT) affordable housing scheme, said Deputy Minister Datuk Seri Dr Ismail Abd Muttalib.
