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News by theedgemarkets.com

news

Vestland wins two construction contracts worth RM200 mil

17 February, 2023

Recently-listed Vestland Bhd has bagged two construction contracts worth a combined RM200 million from subsidiaries of Tafi Industries Bhd.

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news

Airbnb calls for fair and practical guidelines for short-term rental accommodation

17 February, 2023

Ahead of the tabling of Budget 2023, Airbnb has reiterated that the Penang government’s proposed guidelines for short-term rental accommodation (STRA) would have an adverse impact on the livelihoods of Malaysian STRA hosts if enacted and enforced this year.

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news

Gandingan Jakel unveils J.Satine SOHO in Setapak

16 February, 2023

Gandingan Jakel in joint-venture (JV) with Platinum Victory, has unveiled J.Satine SOHO, a component of its mixed development J.Satine SOHO, Apartment and Retail in Setapak, Kuala Lumpur.

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Nga: Buyers of 'sick' housing projects can seek loan restructuring with govt support letters

16 February, 2023

Buyers of “sick” private housing projects can apply to their financiers for loan restructuring with supporting letters from the government, said Local Government Development Minister Nga Kor Ming.

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news

Fed govt disputes multibillion-ringgit compensation calculated by valuer in Jalan Duta land case

16 February, 2023

The federal government is disputing a valuer’s multibillion-ringgit estimates for mesne profit compensation in the Semantan Estate (1952) Sdn Bhd case involving land along Jalan Duta.

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news

AME Elite to build Bucher Emhart Glass’s RM108 mil manufacturing facility in Johor

16 February, 2023

AME Elite Consortium Bhd’s unit will be building a new manufacturing facility in i-Park@Senai Airport City, Johor for Emhart Glass Sdn Bhd (Bucher Emhart Glass), worth RM108 million.

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Putrajaya yet to finalise approval for Kulim International Airport, says Transport Ministry

16 February, 2023

The government has not provided its final approval for the development of Kulim International Airport (KXP), pending the completion of the National Airport Strategic Plan (NASP) in August this year.

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Govt plans to increase water pollution fine to RM10 mil, jail sentence to 15 years, says Nik Nazmi

16 February, 2023

The Ministry of Natural Resources, Environment and Climate Change plans to increase the water pollution fine to RM10 million from RM100,000, and the jail sentence to 15 years from one year.

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news

Nexgram unit scraps RM62 mil land acquisition deal

16 February, 2023

ACE Market-listed Nexgram Holdings Bhd’s unit has terminated a deal with Melaka Corporation (MCorp) pertaining to the acquisition of a 10.031-hectare piece of land in the state for RM61.53 million cash.

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news

Tafi secures RM11 mil contract to build theme park in Perak

16 February, 2023

Tafi Industries Bhd has secured an RM11 million contract to build a theme park in Tanjong Tualang in Perak's Kinta district.

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