News by M

Construction firm Kumpulan Kitacon Bhd (KL:KITACON) on Wednesday said it has secured a contract worth RM64.05 million to undertake main building works for a proposed double-storey house in Shah Alam, Selangor.

Under the agreement, which was signed in Shrewsbury, the UK on Sept 27, CCIL grants Sunsuria Educational International the exclusive rights to establish and operate new British international schools in Malaysia, Singapore, Taiwan, Hong Kong, Japan, Republic of Korea, India and other regions in Southeast and South Asia.

Ideal Property Group has launched the next phase of its industrial project Ideal Business Hub, which has a gross development value of RM260 million Penang Technology Park, Bertam, Penang.

Noteworthy:

• Freehold
• Built-up size: 17,740 sq ft
• Unfurnished
• Nearby amenities: Small businesses, industrial parks, schools, residential developments, F&B establishments, KSL Esplanade Mall
• Accessibility: SKVE, West Coast Expressway, Kesas, Elite, Jalan Klang Banting

When: April 2024

“In Malaysia, about two-thirds of country's infrastructure right now is almost 15 to 20 years old and it does not meet the current building codes energy efficiency requirements or for that matter safety requirements."

Phase 1 of Ehsan Widuri comprises 242 serviced apartment units (Block A), seven office units, six shoplots, and 540 car park bays across seven floors.

Juwai IQI co-founder and group chief executive officer Kashif Ansari noted that the firm has revised the forecast for 1Q2025 in light of this better-than-expected performance.

Despite mixed performances across its markets, the retailer is committed to lowering prices on essential and best-selling home furnishing items, food and services. 

PR1MA Corp Malaysia and CelcomDigi Bhd (KL:CDB) signed a memorandum of understanding (MOU) to foster digital inclusivity for PR1MA projects by providing digital solutions, according to a joint media statement by the two parties on Monday.

Some unqualified property managers claim that a building manager is responsible solely for coordinating the maintenance and upkeep of common areas, while a property manager merely acts as an intermediary between tenants and landlords. This oversimplification misrepresents the comprehensive role of a property manager.