Property developer Kuchai Development Bhd (KL:KUCHAI) has proposed a 20 sen per share dividend for the financial year ended June 30, 2024 (FY2024).

Property developer LBS Bina Group Bhd (KL:LBS) has awarded renewable energy company Solarvest Holdings Bhd (KL:SLVEST) a contract to build a 43-MWp solar farm in Senawang, Negeri Sembilan, valued at RM104 million.

Home furniture specialist Ecomate Holdings Bhd (KL:ECOMATE) has proposed to acquire a single-storey factory in Muar, Johor, along with machinery and components, from SWS Capital Bhd (KL:SWSCAP).

Noteworthy:

• Freehold
• Built-up size: 1,580 sq ft
• Land size: 1,650 sq ft
• 4 bedrooms, 3 bathrooms
• Unfurnished
• Nearby amenities: Main Place Mall, Columbia Asia Hospital Bukit Rimau, Kota Permai Golf & Country Club, MAHSA University Malaysia, LRT Putra Heights
• Accessibility: Elite, LDP, Kesas, LKSA, NPE, Federal Highway

When: June 2024

SkyWorld Development Bhd today announced that its wholly-owned subsidiary, Aspirasi Cekap Sdn Bhd (ACSB), has entered into a joint development agreement (JDA) with PR1MA Corp Malaysia to build PR1MA Homes on a 1.97-acre leasehold land in Brickfields, Kuala Lumpur.

Construction firm Kumpulan Kitacon Bhd (KL:KITACON) on Wednesday said it has secured a contract worth RM64.05 million to undertake main building works for a proposed double-storey house in Shah Alam, Selangor.

Under the agreement, which was signed in Shrewsbury, the UK on Sept 27, CCIL grants Sunsuria Educational International the exclusive rights to establish and operate new British international schools in Malaysia, Singapore, Taiwan, Hong Kong, Japan, Republic of Korea, India and other regions in Southeast and South Asia.

Ideal Property Group has launched the next phase of its industrial project Ideal Business Hub, which has a gross development value of RM260 million Penang Technology Park, Bertam, Penang.

Noteworthy:

• Freehold
• Built-up size: 17,740 sq ft
• Unfurnished
• Nearby amenities: Small businesses, industrial parks, schools, residential developments, F&B establishments, KSL Esplanade Mall
• Accessibility: SKVE, West Coast Expressway, Kesas, Elite, Jalan Klang Banting

When: April 2024

“In Malaysia, about two-thirds of country's infrastructure right now is almost 15 to 20 years old and it does not meet the current building codes energy efficiency requirements or for that matter safety requirements."