EcoWorld International recorded a narrower loss before tax of RM12.1 million in 4Q2024 compared to loss before tax of RM36.9 million in 4Q2023, the group stated in a media release today on its results for 4Q2024.
The Real Estate and Housing Developers’ Association (REHDA) Malaysia views the retraction of Construction Industry Development Board’s (CIDB) Quality Guidebook for Homeowners as a wise move.
S P Setia Bhd has unveiled its latest phase of freehold, single-storey terraced homes Setia Suria at its 1,961-acre township of Setia Fontaines in Kepala Batas, Penang.
Gamuda Bhd (KL:GAMUDA) is acquiring a 20% stake in Cloud Space Sdn Bhd, a Google Cloud premier partner, for RM18 million.
Power Root Bhd (KL:PWROOT) said it is purchasing 3.48 million square feet of agriculture land in Johor for RM19.99 million in cash.
PGF Capital Bhd (KL:PGF) is acquiring two parcels of freehold land, totalling approximately 9.608 acres in Kulim Hi-Tech Park, Kedah, for a mixed development project — that will include a condominium, hotel, serviced residences, and several commercial elements — with a gross development value (GDV) of RM600 million.
Shares of SkyWorld Development Bhd (KL:SKYWLD) gained after resuming trade on Wednesday morning, following the signing of an agreement on Tuesday to jointly develop the country's largest affordable housing project with the Penang state agencies.
Tropicana Corp Bhd and global hospitality company, Banyan Group Ltd has inked an agreement on Tuesday (Dec 10) to jointly develop Skypark Kepler, a new branded residence in Johor.
Noteworthy:
When: July 2024
The RM13 billion project is said to be the largest affordable housing project in Penang and Malaysia's history.
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