News by Choy Nyen Yiau

The first contract was awarded by UDA Land (South) Sdn Bhd, a unit of UDA Holdings Bhd, for the main infrastructure works for the UDA Enclave Project in Bandar UDA Utama, Johor Bahru, valued at RM62.42 million.

Sunway Construction Group Bhd (KL:SUNCON) said on Thursday its unit has received a work order valued at RM570 million to carry out core and shell works for a data centre in Johor.

YNH Property Bhd (KL:YNHPROP) announced a board shake-up on Wednesday, after the group’s largest shareholder Datuk Dr Yu Kuan Chon’s son failed to get re-elected at its annual general meeting (AGM) on Wednesday.

TSR Capital Bhd (KL:TSRCAP) has secured a RM48 million contract from Sime Darby Property (Bukit Raja) Sdn Bhd to undertake infrastructure works at the Bandar Bukit Raja township development in Selangor.

Gamuda Bhd (KL:GAMUDA) said on Wednesday its joint venture has secured a construction contract worth close to RM2.7 billion in Australia.

AWC Bhd (KL:AWC) has secured a RM42.3 million subcontract from Gamuda Engineering Sdn Bhd for mechanical works at a hyperscale data centre development in Puncak Alam, Selangor.

Sunsuria Bhd (KL:SUNSURIA) is raising its stake in KL City Gateway Sdn Bhd (KLCG), the developer of the Kampung Sungai Baru redevelopment project, to 61% from 20%.

The much-anticipated Urban Renewal Bill 2025 (URA Bill) has been postponed again, as its debate did not take place during the current parliamentary session.

Data centres in Selangor and Johor consumed a fraction of the water they requested last year, with the government saying revenue from the centres is sufficient to safeguard the water supply system.

The Transport Ministry said it has commenced a feasibility study on the proposed Trans Borneo Railway project to assess the potential development of a rail network across Sabah and Sarawak.