LFE Corp secures contracts worth RM71m for Oasis Ara, Cyberjaya development
The first contract, worth RM30.49 million, was for alteration, underpinning, and structural strengthening works at the proposed Oasis Ara development in Ara Damansara.
HHRG unit reports ex-CEO to police over alleged misconduct, unauthorised transactions
The police report follows Fong's sacking in May, after investigations by the company against him on allegations of misconduct.
Putra Heights blaze: Weak soil beneath gas pipeline the root cause, no criminal element found
While the pipeline met technical specifications, a segment of it was not fully supported by the ground beneath, which was found to be soft and moist.
Genting Malaysia submits bid for New York casino licence
Genting Malaysia Bhd (KL:GENM) announced that a formal bid has been submitted for a casino licence in New York as part of a US$5.5 billion (RM23.19 billion) resort development in Queens.
Neighbourhood Lens: Pickleball, fresh businesses revive PJ’s SS2, Section 19
In Petaling Jaya (PJ)’s older commercial pockets like Section 19 and SS2, rents are quietly climbing. Monthly leases range from around RM2,000 for small creative studios to more than the RM10,000 mark for cafe lots in newer developments like The Hub SS2.
Ng Ping Ho: ‘Kindness in urban design is putting the emotional experience of a place first’
There are few places in a city that can genuinely convince you that it’s ok for life to move at a slower pace, but Kapas Heights is one of them.
Abandoned housing: Rehda’s solutions missing the forest for the trees
Rehda Institute has proposed a few solutions to addressing the distressing issue of abandoned housing projects. In our opinion, Rehda Institute is missing the forest for the trees.
Gamuda reports 5% profit rise on stronger domestic construction activity, plans 5 sen dividend
Gamuda Bhd (KL:GAMUDA) recorded a 4.68% year-on-year increase in its third-quarter net profit, driven by robust performance within its domestic construction division, where earnings about tripled, offsetting a drop in the group's property earnings.
Crescendo flags higher costs after sharp 1Q profit drop on absence of land sale
Property firm Crescendo Corp Bhd (KL:CRESNDO) flagged higher operating costs from the minimum wage adjustments, subsidy rationalisation for fuel and electricity, as well as the expanded scope of the sales and service tax (SST), after posting a steep 97.5% year-on-year decline in its first-quarter net profit.
Yong Tai buys Sabah property developer for RM15m
Yong Tai Bhd (KL:YONGTAI) is acquiring Sabah-based property developer Sumberjaya Builders Sdn Bhd for RM15 million, as it aims to tap into development opportunities in Lahad Datu and Tawau.
