News by M

Sunway Property, the real estate arm of Sunway Bhd (KL:SUNWAY), achieved RM42 million in sales at a pre-launch event for upcoming townhouses named Sunway Bayu in Sunway City Ipoh, Perak.

Sime Darby Property (KL:SIMEPROP) will launch its latest condominium development named Kanopi Residences in its 6.5-acre City of Elmina township in Shah Alam on Nov 23.

Meta Bright Group Bhd (KL:MBRIGHT), a diversified Main-Market listed company, has secured a RM60 million contract to supply ready-mixed concrete for the 88 Avenue mixed-development project in Kota Kinabalu, Sabah.

KIP Real Estate Investment Trust (KL:KIPREIT) has acquired a 1.15-acre, or 4,663 sq m, property in Gerik, Perak for RM14.8 million.

The Construction Industry Development Board (CIDB) yesterday made the decision to retract the Quality Guidebook for Homeowners, effective immediately.

Beverly Group has entered into a partnership with car park access control solutions provider Parktech Solutions Sdn Bhd to implement an automated car parking system (ACPS) at Milla Residence, Quartz Wangsa Maju.

LBS Bina Group Bhd (KL:LBS) said it it looking into developing a 10-gigawatt (GW) green hydrogen plant in Kota Marudu, Sabah jointly with the Sabah Forestry Development Authority (Safoda) and two other companies.

CapitaLand Malaysia REIT Management Sdn Bhd (CMRM), the manager of CapitaLand Malaysia Trust (KL:CLMT), has appointed Yong Su-Lin as chief executive officer, designate (CEO designate) of the company effective Jan 2, 2025.

Engineering outfit Pestech International Bhd (KL:PESTECH) said Shandong Power Equipment Co Ltd (Speco) has initiated arbitration proceedings against its wholly owned PESTECH Sdn Bhd (PSB) over what Speco claimed were unpaid dues related to the supply of transformers.

Bina Puri Holdings Bhd (KL:BPURI) said on Thursday that its associate company KL-Kuala Selangor Expressway Bhd (Latar) has won an arbitration case against Prolintas Expressway Sdn Bhd and was awarded RM46.13 million.