Samaiden gets EPCC contract worth RM98.15m
In a bourse filing on Thursday (Dec 16), the firm said its unit Samaiden Sdn Bhd had accepted a letter of award from Ramatex Textiles Industrial Sdn Bhd for the contract
JHM to raise RM92m via private placement for new factory in Batu Kawan
Under the exercise, up to 55.76 million new shares, representing 10% of JHM’s 557.6 million issued shares, will be issued to independent third party investors to be identified later, the semiconductor group said in a bourse filing.
Kamdar to sell property in Penang for repayment of bank borrowings
The group said it is selling the land with a four-storey detached factory on it to GSH Precision Technology Sdn Bhd.
Majority of Malaysian homes not insured for fire damage — Zurich Malaysia
In a poll released on Wednesday (Dec 15), Zurich Malaysia said this is concerning as the Fire and Rescue Department reported receiving 38,865 calls about fires in 2020, an average of a call every 14 minutes.
KAF Research foresees sales, earnings recovery for property sector next year
The research house's analyst Izzul Hakim Abdul Molob said in a Wednesday (Dec 15) note that residential volume has picked up in the nine months of 2021 (9M21), with higher average transacted price at RM389,000 a unit (pre-pandemic: RM345,000).
UOA Development takes top spot at The Edge Malaysia Top Property Developers Awards 2021
The 19th TPDA anchors The Edge Malaysia Property Excellence Awards (TEPEA) 2021, which were presented at the gala dinner on Tuesday (Dec 14) night at the Shangri-La Hotel Kuala Lumpur, and graced by the Housing and Local Government Minister Datuk Seri Reezal Merican Naina Merican.
MAHB launches tender for 226 commercial lots as air traffic movements improve
The airports operator said the airports nationwide have a total of 808 commercial outlets, of which 70% have been tendered out previously and a majority of it have been awarded.
Ireka to develop RM58m affordable, mixed housing development project in Terengganu
In a filing with Bursa Malaysia on Tuesday (Dec 14), the construction and property group said its subsidiary Ireka Development (Terengganu) Sdn Bhd (IDTSB) has accepted a letter of award (LoA) by Koperasi Permodalan Sahabat Terengganu Bhd (KOSAHABAT) to develop the project in Kampung Baru Kuala Abang, Mukim Kuala Abang, Dungun district, Terengganu.
Tago launches ALAIA Titiwangsa
According to a statement on Tuesday (Dec 14), ALAIA Titiwangsa was launched on Dec 11 and 12, in conjunction with the signing of the sale and purchase agreements.
Jeffrey Cheah sole Malaysian in Forbes Asia's 2021 heroes of philanthropy list
In an article slated to appear in the Dec 31, 2021 issue of Forbes Asia, the magazine keeps the list to a select group of 15.
