The government has not provided its final approval for the development of Kulim International Airport (KXP), pending the completion of the National Airport Strategic Plan (NASP) in August this year.
The Ministry of Natural Resources, Environment and Climate Change plans to increase the water pollution fine to RM10 million from RM100,000, and the jail sentence to 15 years from one year.
Tropicana Corp Bhd ushered in the Year of the Water Rabbit with more than RM3 million contributed to worthy causes in 2022.
ACE Market-listed Nexgram Holdings Bhd’s unit has terminated a deal with Melaka Corporation (MCorp) pertaining to the acquisition of a 10.031-hectare piece of land in the state for RM61.53 million cash.
Tafi Industries Bhd has secured an RM11 million contract to build a theme park in Tanjong Tualang in Perak's Kinta district.
Noteworthy:
December 2022
Tenaga Nasional Bhd (TNB) is aiming to start commercial operation of its 50MW solar farm project under the large scale solar 4 (LSS4) programme by the end of this year.
Equatorial Plaza has received the Green Building Index (GBI) Gold certification, according to a press release on Feb 3. The 52-storey building comprises Grade A office spaces as well as the 5-star EQ Kuala Lumpur hotel.
Given the influx of new industrial property supply in the pipeline, JLL Property Services (Malaysia) Sdn Bhd foresees moderate market growth in 2023 while keeping its resilience as an asset class.
Together with the festive atmosphere of the Chinese New Year celebration, boutique developer BON Estates unveiled its latest upcoming project, Bon Kiara in Mont’Kiara here recently.
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