News by theedgemalaysia.com

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.

The agreement aims to advance solar adoption by pooling the collective expertise, resources and technology to facilitate the purchase and sale of Huawei Digital Power-Smart Photovoltaic solutions.

The acquisition of the Amsteel Mills Sdn Bhd properties is expected to generate a yield of 7% for the first three years based on the announced monthly rental rate of RM1.83 million. 

The engineering services provider said it had served a statement of case to JCT Industries Group Sdn Bhd, which had in 2018 appointed the group to build a factory and warehouses in Kuala Muda.

The project — in collaboration with the federal government, international semiconductor firms and venture capitalists — is a strategic move to position Malaysia as a potential powerhouse in the global IC design industry.