Malaysia and Singapore reaffirmed their commitment to revamp the Joint Ministerial Committee for Iskandar Malaysia (JMCIM) to better support the Johor-Singapore Special Economic Zone (JS-SEZ).

The Johor-Singapore Special Economic Zone (JS-SEZ) holds significant potential to boost employment in Johor, but economists stressed the need for clarity on tax incentives and the development of necessary infrastructure as crucial factors for the zone's attractiveness to investors.

Nestcon Bhd’s (KL:NESTCON) wholly owned subsidiary Nestcon Infra Sdn Bhd (NISB) has secured a RM25.01 million contract for earthworks and erosion control in Johor’s Senai Airport City.

Noteworthy:

• Freehold
• Built-up size: 1,822 sq ft
• Floor level: high
• 3 bedrooms, 3 bathrooms
• Fully furnished
• Nearby amenities: TERKL, Pavilion Bukit Bintang, Jalan Alor Food Street, Tung Shin Hospital, Raja Chulan monorail station, MRT Bukit Bintang
• Accessibility: Jalan Raja Chulan, Jalan Pudu, Jalan Imbi, Jalan Sultan Ismail, MEX, Sungai Besi Expressway, AKLEH

When: August 2024

These offerings aim to simplify market entry and expansion while fostering a thriving ecosystem for businesses.

Up for grabs are the dredging and reclamation works for further phases of Seri Tanjung Pinang 2 in Penang, potentially worth more than RM500 million.

The qualified opinion is due to the auditor not being able to obtain sufficient and appropriate audit evidence to ascertain the accuracy of the builder's trade payables, which amounted to RM91.47 million recorded at the end of its FY2024

CME said current housing affordability measurements rely heavily on financial aspects — essentially a comparison of income to prices — while overlooking critical factors such as connectivity, property size, and access to job opportunities.

Following the stake acquisition, LAWI Germany will operate as a 55%-owned subsidiary of CGEM.

The project is slated to be completed within 20 months, starting from the commencement date on Feb 3.