Mechanical and electrical engineering services specialist Bintai Kinden Corp Bhd (KL:BINTAI) has won a RM27.15 million contract for the construction of six blocks of shop offices in Seremban.

Nestcon Builders Sdn Bhd, a wholly-owned subsidiary of construction outfit Nestcon Bhd (KL:NESTCON), has secured a construction contract worth RM228.30 million from Paramount Property (Cityview) Sdn Bhd. 

Gamuda Bhd (KL:GAMUDA) reported a 4.8% year-on-year increase in net profit for the second fiscal quarter thanks to domestic construction projects, particularly the Penang land reclamation works.

Noteworthy:

• Freehold
• Land size: 348,480 sq ft
• Nearby amenities: various small businesses, F&B outlets, and residential areas, Hang Jebat Stadium, Lotus @ Melaka Cheng
• Accessibility: Lebuh AMJ, Lebuh SPA

When: December 2024

Diona Teh Li Shian, daughter of Public Bank Bhd founder, the late Tan Sri Teh Hong Piow, has purchased a Good Class Bungalow (GCB) in Singapore’s Tanglin Hill neighbourhood, for a record-breaking price of S$93.9 million (RM311 million) or S$6,197 psf, according to Bloomberg News.

Property developer and construction firm Lim Seong Hai Capital Bhd (LSH Capital) (KL:LSH) on Wednesday said it plans to rejuvenate the 10-acre area around KL Tower into an integrated destination for tourism, retail and cultural engagement.

ITMAX System Bhd (KL:ITMAX) has secured a RM30.24 million contract from the Pengerang Municipal Council (MPP) in Johor to implement smart surveillance systems.

The High Court here has ordered the Selangor government to hand over three key impact assessment reports of the controversial Petaling Jaya Dispersal (PJD) Link project to four Petaling Jaya residents within a month, granting the residents’ judicial review bid in part.

Matrix Concepts Holdings Bhd’s (KL:MATRIX) long-serving group managing director Ho Kong Soon, 58, is resigning to pursue personal endeavours.

Property developer Malton Bhd (KL:MALTON) entered into a memorandum of understanding (MOU) with Shenzhen Apexls Optoelectronic Co Ltd, a China-based manufacturer of LED displays, to incorporate advanced LED technology into its Malaysian property developments.