EcoFirst logs higher 2Q revenue but net loss widens as finance costs jump
The property developer has been loss-making since 1QFY2022.
MQ Technology to diversify into property development
Industrial mold manufacturer MQ Technology Bhd (MQ Tech) has proposed to diversify into property development.
Sunway Construction secures RM218.7 mil PV plant construction project in Perak
Sunway Construction Group Bhd (SunCon) has won a RM218.76 million contract to build a 50 MW photovoltaic plant in Kampar district in Perak.
Main Market-listed Kitacon says no impact from property overhang issue, rises 46% on debut
This is despite some investment analysts seeing an increase in the overhang of both residential and commercial properties, although the home price index has begun to soften in 2022.
Haily wins RM38 mil contract to build shop offices in JB
RDC Arkitek is the architect appointed by Austin Senibong Development Sdn Bhd for the construction of 77 units of three-storey shop offices at Bandar Jaya Putra in Tebrau district.
GDB to resume work on 8 Conlay after receiving partial payment from KSK Land unit
The project was previously delayed as GDB suspended work due to payment issues.
Gamuda debuts first-of-its-kind Islamic ESG-linked financing with OCBC Malaysia
OCBC Malaysia is the sole sustainability structuring adviser for Gamuda’s maiden ESG-linked holistic financing solution totalling up to RM550 million.
Analysts see possible minor reviews, delay in MRT3 awards and tenders to late 1H2023
The research house said three diversified contractors, namely Gamuda Bhd, IJM Corp Bhd and Malaysia Resources Corp Bhd (MRCB), are of the collective view that the MRT3 project would proceed.
Up to 80% savings await visitors at Genting Highlands Premium Outlets, Johor Premium Outlets this Christmas season
There are also new and refreshed stores at both Genting Highlands Premium Outlets (Burbery and Salvatore Ferragamo) and Johor Premium Outlets (Balenciaga, Bally, Fendi, Hooga, Karl Lagerfeld, Kenzo, Sacoor Outlet and Valentino) to welcome visitors.
EPF passes resolution to terminate, wind up Alpha REIT
The Employees Provident Fund (EPF), as the sole unitholder of Alpha Real Estate Investment Trust (Alpha REIT), has taken the decision to terminate and wind up the unlisted shariah-compliant REIT.
