News by theedgemalaysia.com

Construction outfit Haily Group Bhd has secured a RM109.5 million contract to undertake the construction and completion of 332 units of double-storey terrace houses in Pontian, Johor.

Matrix Concepts Holdings Bhd unveiled the second phase of Resort Villa in Bandar Sri Sendayan, Seremban last Friday (April 19).

Gadang Holdings Bhd said it will appeal to the Economic Planning Unit (EPU) for a waiver of the Bumiputera equity requirement to facilitate its acquisition of a 21.08-acre land in Kwasa Damansara.

Sunway Property, the property arm of Sunway Bhd, is set to preview the first phase of Sunway Velocity 3 in Cheras, Kuala Lumpur on Saturday (May 4) in its recently opened sales gallery.

KL City experienced a noticeable improvement with the vacancy rate dropping from 30.2% in 4Q2023 to 28.7% in 1Q2024.

He said the three tenders were worth about RM473 million in the provision of services for construction works for roads, pavements, bridges and flood mitigation systems.

There seems to be a positive shift as the pace of construction cost escalation seems to be moderating, while issues such as manufacturing backlogs, logistics, and supply chain disruptions are gradually stabilising.

Bursa also wants HHRG to quantify the audited net assets and net assets per share of the companies that form the basis of the purchase consideration, among others.

ITMAX is a smart city integrated systems and solutions provider while JLG is in the estate and infrastructure business.

The group said that while it remained focused on its existing business — corrugated boards and carton boxes, paper-based stationery products and logistics services —  it has been actively seeking other business opportunities that could enhance long-term returns to its shareholders.