News by M

Ho Hup Construction Co Bhd (KL:HOHUP) said its subsidiary has been ordered to pay a contractor RM7.37 million in an adjudication decision involving a dispute over payment claims.

Property developer Radium Development Bhd (KL:RADIUM) has announced its entry into the healthcare sector with plans to operate a 140-bed hospital in Melaka.

Residents of Karpal Singh Drive in Georgetown, Penang, have called on the state government to halt a proposed 70-acre coastal reclamation project, part of the Jelutong landfill rehabilitation, citing concerns over its impact on marine ecosystems, particularly the Middle Bank.

Loss-making Iskandar Waterfront City Bhd (KL:IWCITY) said it has been given a six-month extension until Sept 23 to submit its regularisation plan.

Ho Hup Construction Company Bhd (KL:HOHUP) on Thursday said its subsidiary, Ho Hup Jaya Sdn Bhd, is offloading two floors in Ho Hup Tower to its substantial shareholder Insas Bhd, for RM13 million, with the proceeds to be used to repay borrowings and for general working capital.

Builder Tuju Setia Bhd (KL:TJSETIA) has bagged a contract worth RM264.07 million for the construction of serviced apartments in Cheras, Selangor.

TRX Residences has staked a prominent claim in the nation’s capital city’s skyline with its unmistakable curtain wall façade and skybridge. The newly completed serviced residence sits within Tun Razak Exchange (TRX), Kuala Lumpur’s new central business district and prime landmark.

In many countries, the government plays a leading role in providing affordable housing, either directly through the construction and management of public or social housing or indirectly through subsidising the private sector to build affordable housing.

The black-tie event, which was attended by nearly 600 agents and associates, saw 104 awards presented.

YNH Property Bhd (KL:YNHPROP) said the independent review of its joint venture (JV) and turnkey contracts is now expected to be ready by April 9.