Noteworthy:
When: December 2024
A sense of belonging is important for youths, especially in urban areas where many are seeking to define themselves. However, are we doing enough to promote the well-being of youths in our cities?
I-Bhd posted a net profit of RM9.96 million for the quarter ended March 31, 2025 (1QFY25), more than double the RM4.07 million recorded a year ago, driven by stronger earnings from its property development and investment segments.
Practice Note 17 (PN17) company Ivory Properties Group Bhd has signed a deal to sell a heritage commercial building known as The Birch House in George Town, Penang, for RM18 million with ENS Timah Sdn Bhd.
Noteworthy:
When: January 2025
The Real Estate and Housing Developers' Association Malaysia (Rehda) Institute has called on the government to introduce a “Tiered Developer Classification System” as part of the licensing process to help curb abandoned housing problems.
PLB Engineering Bhd’s wholly-owned subsidiary, PLB Land Sdn Bhd, is selling several land parcels in Tasik Gelugor, Penang for RM48 million, which is RM12.8 million below its valuation price.
Exsim Hospitality’s wholly-owned subsidiary, Exsim Concepto Sdn Bhd, has secured a RM17.2-million contract for interior fit-out works in apartment units.
MN Holdings Bhd’s wholly-owned subsidiary Mutu Nusantara Sdn Bhd, together with Protech Builders Sdn Bhd, has secured a RM49.99-million contract for a data centre project in Peninsular Malaysia.
Gamuda Bhd’s wholly-owned indirect subsidiary Gamuda DC Infrastructure Sdn Bhd (Gamuda DCI) is selling approximately 389 acres of industrial land in Port Dickson, Negeri Sembilan to Pearl Computing Malaysia for RM455.23 million.
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