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WCT JV accepts letter of award for a sub-contract worth AED479 mil for Yas Island construction works in Abu Dhabi

WCT JV accepts letter of award for a sub-contract worth AED479 mil for Yas Island construction works in Abu Dhabi

news

Updated:
  • WCT Holdings' subsidiary secured a RM529 mil sub-contract in Abu Dhabi.
  • This 50:50 joint venture will build commercial and residential blocks.
  • Work starts in 3Q2026, expanding WCT's UAE presence.
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Johor's data centres could consume 40% electricity demand by 2035, says WoodMac

Johor's data centres could consume 40% electricity demand by 2035, says WoodMac

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Updated:
  • Johor's data centres could consume 40% of the state's electricity by 2035.
  • This will put pressure on the state’s grid infrastructure to keep up with demand.
  • Solutions include stronger substations and renewable energy integration.
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Sena Residences’ Tower B & D achieve 98% take-up in six months, triggers launch of final two blocks

Sena Residences’ Tower B & D achieve 98% take-up in six months, triggers launch of final two blocks

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Updated:
  • Setia Awan's Sena Residences in Shah Alam saw 98% take-up for its first two towers.
  • This led to an early release of 1,102 new units, including Soho Transit Units.
  • These units offer affordable, transit-oriented living near an LRT station.
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Crescendo extends land sale deadline as TNB utility condition remains unresolved

Crescendo extends land sale deadline as TNB utility condition remains unresolved

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Updated:
  • Crescendo Corp Bhd extended its land sale agreement.
  • The deal, worth RM200.88 mil, is for industrial land in Johor.
  • An outstanding condition with Tenaga Nasional Bhd needs fulfilling.
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Sunway MCL-CSC Land Group JV tops bids for River Valley Green GLS site at S$1,730 psf ppr

Sunway MCL-CSC Land Group JV tops bids for River Valley Green GLS site at S$1,730 psf ppr

news

Updated:
  • Sunway MCL and CSC Land Group submitted the highest bid for River Valley Green (Parcel C).
  • Their S$750.57 mil offer set a new benchmark land rate.
  • This final parcel will yield over 500 premium residential units.
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PRG Holdings board terminates related-party debt settlement, initiates independent review

PRG Holdings board terminates related-party debt settlement, initiates independent review

news

Updated:
  • PRG Holdings Bhd terminated a debt settlement plan.
  • It involved RM37.17 mil owed by Premier De Muara Sdn Bhd.
  • An independent reviewer will be appointed to address governance concerns.
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IWG launches Malaysia's first Regus Express at Crowne Plaza KLCC

IWG launches Malaysia's first Regus Express at Crowne Plaza KLCC

news

Updated:
  • IWG launched Malaysia's first Regus Express at Crowne Plaza KLCC.
  • The workspace is located along Jalan Yap Kwan Seng and near MRT and LRT stations.
  • It meets growing demand for flexible, capital-light workspace solutions.
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Harn Len unit buys Hong Kong serviced apartment block for HK$203.8 mil

Harn Len unit buys Hong Kong serviced apartment block for HK$203.8 mil

news

Updated:
  • Harn Len's subsidiary will acquire a Hong Kong serviced apartment block.
  • The purchase price is HK$203.8 mil (RM105.35 mil).
  • A deposit of HK$20.38 mil has been paid.
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