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Kerjaya Prospek bags RM502 mil contract for reclamation and dredging works for Seri Tanjung Pinang

Kerjaya Prospek bags RM502 mil contract for reclamation and dredging works for Seri Tanjung Pinang

news

Updated:
  • Kerjaya Prospek Group Bhd has secured a RM502.27 million contract for reclamation works in Penang.
  • The project, set to start on March 11, 2026, will enhance the company's revenue over three years.
  • Seri Tanjung Pinang is a 240-acre seafront development by E&O in Tanjung Tokong, Penang.
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EXSIM Hospitality unit accepts RM42.48m building works subcontract

EXSIM Hospitality unit accepts RM42.48m building works subcontract

news

Updated:
  • EXSIM Hospitality's subsidiary accepted a RM42.48 million subcontract.
  • It involves building services and general works for 24 months.
  • This is expected to boost EXSIM's financial performance.
IOI Properties earmarks RM3.07b in REIT proceeds for investment, development

IOI Properties earmarks RM3.07b in REIT proceeds for investment, development

news

Updated:
  • IOI Properties Group Bhd increased its REIT allocation to RM3.07 bil for development.
  • This revised plan includes new property investment and acquisition opportunities.
  • Debt repayment allocation was reduced to RM1.53 bil from RM3.04 bil.
Kerjaya Prospek unit bags RM37.82m Pulau Andaman contract

Kerjaya Prospek unit bags RM37.82m Pulau Andaman contract

news

Updated:
  • Kerjaya Prospek secured a RM37.82 mil contract for a Penang apartment project.
  • The work involves piling and substructure for 922 affordable units.
  • This contract is expected to boost the group's revenue and earnings.
Experts call for greater local gains from data centre growth

Experts call for greater local gains from data centre growth

news

Updated:
  • Malaysia aims for data centre expansion to build local capabilities, not just capacity.
  • Mida emphasises lasting value, stronger businesses, and local opportunities.
  • The focus is on sustainable industry growth and high-value employment for Malaysians.
Rehda inks MoUs with MGTC, MCMA to advance sustainable property development

Rehda inks MoUs with MGTC, MCMA to advance sustainable property development

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Updated:
  • Rehda signed MoUs with MGTC and MCMA.
  • These agreements promote sustainable property development and carbon market understanding.
  • The goal is to integrate green tech and ESG practices in real estate.
IJM Land unveils 145-unit Merione Residences in Penang

IJM Land unveils 145-unit Merione Residences in Penang

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Updated:
  • IJM Land Bhd launched Merione Residences, a 145-unit project in Penang.
  • It follows the full take-up of commercial units at Merione Grand.
  • The development offers various amenities and future transport links.
Hero Market set to anchor Masteron’s 20.97-acre VTown in PJ

Hero Market set to anchor Masteron’s 20.97-acre VTown in PJ

news

Updated:
  • Masteron Sdn Bhd signed an MoU with Hero Market for a new anchor store at VTown.
  • The 20,000 sq ft Hero Market will open in 2028, featuring a large fresh-market section.
  • VTown is a mixed development with residential, retail, and lifestyle components.
Citaglobal unit wins RM82.1m subcontract for IPG residential college

Citaglobal unit wins RM82.1m subcontract for IPG residential college

news

Updated:
  • Citaglobal Land secured an RM82.12 mil subcontract for a college in KL.
  • The project involves designing and building a new residential college.
  • This 22-month project boosts Citaglobal's order book to RM1.5 bil.
Southern Score Builders wins RM180m Melaka hospital job

Southern Score Builders wins RM180m Melaka hospital job

news

Updated:
  • Southern Score Builders' subsidiary secured a RM180 mil contract for a Melaka hospital.
  • Construction starts Oct 2026, finishing May 2028.
  • This project will boost the group's earnings and net assets.
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