Kumpulan Kitacon wins RM89 mil construction job in Gombak

Kumpulan Kitacon wins RM89 mil construction job in Gombak

news

Updated:
  • Kitacon secured an RM89 million construction contract in Gombak, Selangor.
  • The project includes 258 two-storey terrace houses and is set to start on March 16.
  • This contract is expected to enhance earnings for the financial year ending Dec 31.
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AYER Holdings posts 59% rise in FY2025 revenue on stronger property segment

AYER Holdings posts 59% rise in FY2025 revenue on stronger property segment

news

Updated:
  • AYER Holdings Bhd reported RM171.1 million in revenue for FY2025, a 59% increase from FY2024.
  • Profit before tax rose 57% to RM77.1 million, driven by strong property development contributions.
  • The group remains optimistic about future growth with ongoing projects and new developments planned.
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Malaysia’s first hyperscale data centre earns GreenRE Platinum rating

Malaysia’s first hyperscale data centre earns GreenRE Platinum rating

news

Updated:
  • Malaysia's first hyperscale data centre has received GreenRE Platinum certification for sustainability.
  • This facility, by ZDATA Group, sets a new standard for eco-friendly digital infrastructure.
  • It will operate using 100% reclaimed water and aims for high energy efficiency with renewable energy sources.
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ECRL diversion into Kuantan Port ready by year end, says deputy minister

ECRL diversion into Kuantan Port ready by year end, says deputy minister

news

Updated:
  • The East Coast Rail Link's diversion alignment into Kuantan Port is set for completion this year.
  • This project aims to enhance the national logistics network and boost cargo capacity at the port.
  • Additionally, plans for upgrading Kuantan Port include developing a new wharf and container storage yard.
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Verdant Solar, Tune Protect introduce first local integrated solar protection

Verdant Solar, Tune Protect introduce first local integrated solar protection

news

Updated:
  • Tune Protect Malaysia and Verdant Solar launched Malaysia's first integrated solar and protection model.
  • Homeowners installing solar systems will receive insurance coverage at no extra cost.
  • This initiative aims to simplify solar adoption and enhance energy savings for Malaysian households.
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Chinese electric vehicle companies to start assembly in Malaysia this year — Miti

Chinese electric vehicle companies to start assembly in Malaysia this year — Miti

news

Updated:
  • Chinese EV companies like Zeekr and XPeng plan local assembly in Malaysia by 2026.
  • The Ministry of Investment supports this to ensure a smooth transition from CBU imports.
  • This move aims to grow the domestic EV ecosystem and create high-skilled jobs.
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IGB secures govt approval for RM215m Johor Bahru land deal

IGB secures govt approval for RM215m Johor Bahru land deal

news

Updated:
  • IGB Bhd's RM214.97 million land acquisition in Johor Bahru has received Ministry of Economy approval.
  • The joint venture with Southkey City Sdn Bhd will see IGB hold a 70% stake in the new company.
  • IGB aims to develop the site into a mixed-use urban hub, enhancing the Southkey area.
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Clearing the air: Why indoor air quality is becoming an industrial priority in Malaysia

Clearing the air: Why indoor air quality is becoming an industrial priority in Malaysia

news

Updated:
  • Malaysia's focus on indoor air quality (IAQ) is expanding beyond healthcare to industrial settings.
  • The MOH's standards are pushing industries to prioritise IAQ for better worker health and productivity.
  • As multinational tenants demand transparency in air quality, effective monitoring systems are essential
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Chinese businessmen call on Penang state govt to scrap quit rent revision

Chinese businessmen call on Penang state govt to scrap quit rent revision

news

Updated:
  • The Penang government is urged to cancel the quit rent revision because of its flawed framework.
  • Concerns include administrative inefficiency and potential investment discouragement, as stated by Datuk Seri Choot Ewe Seng.
  • He advocates for a more objective approach to land taxation with transparency and minimal intervention.
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Rehda Institute: Driving industry progress as a social enterprise through collaborative insights

Rehda Institute: Driving industry progress as a social enterprise through collaborative insights

news

Updated:
  • The Rehda Institute serves as a knowledge hub for Malaysia's real estate, focusing on industrial growth.
  • Demand for industrial properties is rising due to FDI, e-commerce, and supportive policies.
  • Developers are optimistic yet cautious, emphasising the need for strategic planning and ESG compliance.
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