Bridge collapses in Taiwan, more than 20 injured
KUALA LUMPUR (Oct 1): A section of the Nanfang'ao Bridge in Taiwan has collapsed today injuring more than 20 people, according to an announcement by the Su'ao District Fisheries Association.
TSR Capital starts arbitration proceedings against YTL
KUALA LUMPUR (Oct 1): TSR Capital Bhd has commenced arbitration proceedings against Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd (SPYTL) in relation to a civil works subcontract for the electrified double-track project from Gemas to Johor Bahru.
CMMT’s Sungei Wang opens new annex block with 85% leasing commitment
KUALA LUMPUR (Oct 1): Newly-refurbished mall Sungei Wang’s new annex block JUMPA @ Sungei Wang has achieved more than 85% in leasing commitment to date.
Malaysia, Singapore extend RTS Link decision deadline to Oct 31
KUALA LUMPUR (Sept 29): Decision on the Johor-Bahru-Singapore Rapid Transit System Link (RTS Link) has been deferred by another month to Oct 31, Malaysia’s Ministry of Transport says today.
Sale and leaseback: An option for business cum building owners to raise funds
For business owners who operate from their own buildings, grappling with the current economic uncertainties have led them to consider ways to earn some cash from their properties.
GDB bags RM517m job to build Desa ParkCity's Park Regent development
KUALA LUMPUR (Sept 26): Construction firm GDB Holdings Bhd has clinched a RM517 million contract to undertake construction works as the main contractor for the Park Regent residential development located at Desa ParkCity here.
ECRL subcontract awards expected in 2021, says Affin Hwang Capital
KUALA LUMPUR (Sept 26): Affin Hwang Investment Bank has maintained its “Overweight” call on the construction sector and said it expects tenders for the East Coast Rail Link (ECRL) to be called starting in 4Q19 for local subcontractors to undertake 40% of the civil works (excluding tunnel works).
BAT Malaysia says no to ban on e-cigarettes
KUALA LUMPUR (Sept 25): Banning e-cigarettes or vaping products will only encourage consumers to continue buying unregulated products, says British American Tobacco (Malaysia) Bhd (BAT Malaysia) managing director Erik Stoel.
Encouraging response for IOI Properties' Alanis launch at Warisan Puteri
SEPANG (Sept 24): IOI Properties Group Bhd saw keen interest from prospective buyers for its Alanis serviced apartment project at Warisan Puteri township in Kota Warisan, Sepang, Selangor.
Retail and office occupancy rate stable in 1H2019
KAJANG (Sept 23): Decent take-ups of retail and office spaces in the Klang Valley supported the occupancy rate growth of the commercial sector in 1H2019, according to National Property Information Centre (Napic).
