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HexTech and Widad walk away from Nilai industrial land deal, ending nearly two years of negotiation

HexTech and Widad walk away from Nilai industrial land deal, ending nearly two years of negotiation

news

Updated:
  • HexTech and Widad Group terminated a land disposal agreement.
  • This marks the final end of a long-standing transaction.
  • The announcement discloses no financial consequences.
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Gabungan AQRS revises Bangi JV terms to ease project cash flow

Gabungan AQRS revises Bangi JV terms to ease project cash flow

news

Updated:
  • Gabungan AQRS Bhd revised a joint venture with Rising Charm Sdn Bhd.
  • The key change alters how the landowner receives its unit entitlement.
  • This revision aims to significantly improve the project's cash flow.
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Modular precast system to be studied to speed up building construction projects — deputy minister

Modular precast system to be studied to speed up building construction projects — deputy minister

news

Updated:
  • The Works Ministry suggests JKR study the Modular Precast System (MPS).
  • This system is faster and more efficient than current methods.
  • This system is more refined than the IBS, enabling buildings to be completed within a shorter time frame.
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Cafes, community, connectivity keep Wangsa Maju moving

Cafes, community, connectivity keep Wangsa Maju moving

news

Updated:
  • Wangsa Maju was officially established in February 1984 as a major township in Kuala Lumpur.
  • Its commercial hub along Jalan Wangsa Delima offers diverse amenities.
  • The area features high-rise residences, green spaces, and ongoing property development.
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Country Heights CEO resigns after brief stint, search for successor begins

Country Heights CEO resigns after brief stint, search for successor begins

news

Updated:
  • Country Heights Holdings Bhd seeks a new CEO after Mohd Rizal Zubair resigned.
  • He stepped down for personal interests, not due to disagreements.
  • The company faces financial struggles but assures operations are unaffected.
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LRT3 line to begin operations end-June, says Loke

LRT3 line to begin operations end-June, says Loke

news

Updated:
  • LRT3 connecting Shah Alam and its surrounding areas in Selangor is expected to start operations by month-end.
  • The Transport Minister Anthony Loke will announce the exact date soon.
  • Draft bill to set up the Malaysian Transport Safety Board won't be tabled yet.
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Vincent Tan raises direct stake in Berjaya Corp after buying shares from Berjaya Assets

Vincent Tan raises direct stake in Berjaya Corp after buying shares from Berjaya Assets

news

Updated:
  • Vincent Tan increased his direct shareholding in Berjaya Corp by acquiring 1.02% for RM14.05 mil.
  • This follows a previous 1.01% acquisition and recent disposals.
  • His direct interest is now 6.13%, indirect 10.96%.
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Mycron Steel to buy HQ property from shareholder Melewar for RM30 mil

Mycron Steel to buy HQ property from shareholder Melewar for RM30 mil

news

Updated:
  • Mycron Steel will acquire its Shah Alam factory for RM30 mil.
  • Mycron Steel said the acquisition would allow the group to save about RM2.1 mil a year in rental expenses.
  • The deal offers flexibility for future expansion and upgrades.
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HexTech and Widad walk away from Nilai industrial land deal, ending nearly two years of negotiation