News by M

Binastra Corp Bhd (KL:BNASTRA), formerly known as Comintel Corp Bhd, has secured a RM235.5 million contract from Mightyprop Sdn Bhd to undertake construction work for a 39-story serviced apartment in Petaling Jaya, Selangor.

168 Park Selayang Sdn Bhd, a subsidiary of Infra Segi Sdn Bhd, has completed Block C of the leasehold mixed-use development 168 Park Selayang and is ready for vacant possession.

In a bid to promote sustainability in the real estate sector, Green Building Index Sdn Bhd is offering a 20% discount on the registration fee for new projects seeking certification under the Green Building Index (GBI) rating tool.

Co-working space provider INFINITY8 opened its first Penang outlet located at the former Standard Chartered Bank in Beach Street, George Town on Sunday.

Gamuda Land, the property arm of Gamuda Bhd (KL:GAMUDA), signed a memorandum of understanding (MOU) with Trendcell Sdn Bhd to open Jaya Grocer at Gamuda Cove in Kuala Langat.

The recently soft-launched Elmina Lakeside Mall attracted over 180,000 patrons throughout its opening week from Aug 22 to 29.

The potential revival of the MRT 3 project, alongside revivals in other government infrastructure, point towards a better year for the construction sector going into FY2025, CGS International said.

Mass Rapid Transit Corp Sdn Bhd (MRT Corp) said on Friday that it will be undertaking a three-month public inspection exercise to gather feedback from members of the public on the planned MRT3 project, also known as the Circle Line.

Axis Real Estate Investment Trust (KL:AXREIT) is proposing a private placement to raise up to RM454.99 million for repayment of bank financing.

Malaysian Resources Corp Bhd’s (KL:MRCB) net profit for the second quarter surged more than fourfold to RM51.18 million from RM10.87 million a year earlier, as contribution from its construction segment doubled.