CIMB Securities Sdn Bhd said that tender activities for Phase 1B of Sabah Pan Borneo Highway seem to be picking up with the award of several new contracts.

Revenue more than doubled to RM155.37 million from RM73.78 million in 4QFY2023.

Through NEM, introduced since 2017, domestic users can utilise electricity generated from solar panels.

The contract period will be 19 months, commencing from March 2024 with the expected completion by October 2025. 

Real Estate and Housing Developers Association (Rehda) Selangor, which aims to make homeownership accessible for all homebuyers in Klang Valley, expects at least RM350 million in sales at the upcoming Malaysian Property Expo (Mapex) Selangor 2024.

Co-working and flex space provider WORQ launched its eighth outlet at Sunway Putra Mall in Kuala Lumpur on Monday. The outlet has achieved 100% occupancy since its opening in January this year.

The Housing and Local Government Ministry has recorded 117 abandoned projects covering 30,840 units of houses as at January 31 with 81 of them comprising housing projects priced RM300,000 and below.

EcoFirst Consolidated Bhd is alleging that its former directors had conspired with Kerjaya Prospek Group Bhd in the award of a RM404.35 million residential development project in June last year, which was subsequently terminated in November.

Maxim Global Bhd announced that its 51%-owned unit Maxim Pelangi Sdn Bhd (MPSB) is acquiring a parcel of land in Taman Maju Jaya, Johor Bahru, for RM167 million cash.

Construction and renewable energy firm Nestcon Bhd said on Friday it has bagged a RM79.5 million contract under phase one of the Wawari township development in Johor Bahru.