Kein Hing’s wholly-owned subsidiary Kein Hing Thai Nguyen (Vietnam) Co Ltd (KHTV), has awarded the job to the contractor for the proposed construction of the factory on a piece of industrial land located at Diem Thuy Industrial Park, Phuc Binh District, in Vietnam.

In a bourse filing dated May 11 on Singapore's stock exchange, Sim Leisure said it has entered into a theme park agreement in relation to the project management of the construction and the operation and maintenance of an environmentally sustainable ESCAPE theme park in Jalan Tanjung Tualang Batu Gajah, Perak.

Earnings per unit fell to 1.90 sen from 1.93 sen previously, its Bursa Malaysia filing showed on Thursday (May 12).

Having been in the industry for three and a half decades, De Silva has watched a lot of changes within it. 

Property solutions company, The Makeover Guys (TMG) has collaborated with modern-home-decor brand HOOGA to introduce new styles and themes into home aesthetics.

AME Elite Consortium Bhd said it has secured its shareholders’ approval for the proposed listing of AME Real Estate Investment Trust (REIT) on the Main Market of Bursa Malaysia Securities Bhd, at an extraordinary general meeting held on Wednesday.

Noteworthy:

• Freehold

• Built-up: 2,200 sq ft

• Land size: 3,692 sq ft

• Unfurnished

• Four bedrooms, two bathrooms

• Amenities: Shopping malls such as Sunway Pyramid, SS15 Courtyard, Citta Mall, Subang Parade and Empire Subang, tertiary educational institutions, wet market, shoplots with convenience stores and eateries nearby, Sunway Medical Centre and Subang Jaya Medical Centre

• Accessibility: KESAS (Shah Alam Expressway), Federal Highway, NKVE (New Klang Valley Expressway), LDP (Damansara-Puchong Highway) and NPE (New Pantai Expressway), plus SS15 LRT Station

When: March 2022

Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) on Wednesday (May 11) increased the overnight policy rate (OPR) by 25 basis points to 2% from a record low of 1.75% as global inflationary pressures have increased sharply and after taking into account that the sustained reopening of global economy and improvement in labour markets continue to support the recovery of economic activity from the impact of Covid-19-driven movement restrictions.

The Building Material Cost Index (BCI) without steel bars and with steel bars has increased for all building categories between 0.1 and 3.6 per cent in April 2022 with Peninsular Malaysia between 0.6 and 3.4 per cent, Sabah between 0.1 and 2.4 per cent and Sarawak between 0.8 and 3.6 per cent, said the Department of Statistics Malaysia (DoSM).