News by M

Sunsuria Bhd (KL:SUNSURIA) has launched Concord College International School Malaysia (CCIS) in Sunsuria City, Sepang, Selangor.

Property developer Glomac Bhd (KL:GLOMAC) has urged the government to start the implementation of mandatory Employees Provident Fund (EPF) contribution by foreign workers, as announced in Budget 2025, later rather than sooner.

Noteworthy:

• Freehold
• Built-up size: 5,500 sq ft
• Land size: 6,391 sq ft
• 5 bedrooms, 4 bathrooms
• Semi-furnished
• Nearby amenities: Bangsar  Shopping Center, Bangsar Village I and II, LRT Bangsar, Pantai Hospital Kuala Lumpur
• Accessibility: SPRINT Damansara and Kerinchi Link, Federal Highway, NPE, Jalan Bangsar, PJ-Bangsar Bypass, Jalan Syed Putra, Jalan Damansara

When: September 2024

Kerjaya Prospek Group Bhd (KL:KERJAYA) announced on Wednesday that its wholly owned subsidiary Kerjaya Prospek (M) Sdn Bhd had secured two new contracts from Pixel Valley Sdn Bhd and Greencove Sdn Bhd respectively, totalling RM34.4 million.

Glomac Bhd (KL:GLOMAC) is currently in talks with respective parties to venture into the waste-to-energy business, as part of its plan to seek new sources of revenue, according to group managing director and chief executive officer Datuk Seri FD Iskandar Mohamed Mansor.

The government is in the process of finalising sustainable development guidelines for data centres, which will become one of the conditions for applying for government incentives.

Even if it is against the state's interest, the land title for the Duta enclave — the 263.27-acre (106.54-hectare) land in Mukim Batu that currently hoses various government complexes and facilities — has to be transferred back to Semantan Estate (1952) Sdn Bhd as it is the right thing to do, according to the High Court judge who directed that the deed be done.

SkyWorld Development Bhd won multiple awards at the QUEST 2024 event organized by the Construction Industry Development Board (CIDB) Malaysia, today.

Noteworthy:

• Freehold
• Built-up size: 9,000 sq ft
• 2 bathrooms
• Unfurnished
• Nearby amenities: Johor Bahru Senai International Airport, Johor Premium Outlets, KPJ Bandar Dato’ Onn Specialist Hospital, and schools
• Accessibility: North-South Expressway, SDE, Senai Highway, Jalan Lapangan Terbang, J8 Jalan Seelong, Persiaran SAC

When: July 2024

"With a significant 75% share within the JV, Gamuda’s share of the contract value is RM3.2 billion."