Chin Hin founder Chiau Beng Teik ceases to be substantial shareholder in NCT Alliance
Following the disposal, Chiau’s shareholding in NCT has fallen to 74.
Ecobuilt, hit with winding-up petitions, bags RM190m construction project
The construction company — formerly known as M-Mode Bhd — however, did not provide any details about the project in its bourse filing.
Launches and sales increased slightly in 1H2024, but higher construction costs stifling growth — Rehda survey
Almost half the respondents reported having unsold completed residential units, citing the top reasons as loan rejection, low demand and bumiputera lots.
IOI Properties plans more industrial parks as it eyes 20% revenue contribution from the segment
IOI Properties group chief operating officer Teh Chin Guan: "With three industrial parks, including one under planning, in industrial growth areas such as Johor, Selangor and Melaka, I am confident that the launch of the IOI Industrial Park series readily positions the group as one of the premiere industrial developers in the country.
High Court grants stay over registration of Semantan Estate
There are special circumstances due to the presence of government agencies and buildings including the National Archives that hold the country’s historic records, judge Datuk Ahmad Shahrir Mohd Salleh said.
Hextar Technologies in talks to sell five industrial plots to Widad
The freehold plots, measuring 56,231 sq m, are free from encumbrances and only meant for industrial purposes (warehouse).
Citaglobal clinches RM51 mil riverwall, infrastructure works in Sarawak
Citaglobal said the contracts are expected to contribute positively to its future earnings and net assets per share for the financial year ending Dec 31, 2024, (FY2024) until FY2026.
KSW Group opens The Commune Lifestyle Mall in Kulai, Johor, to public
Spread across four acres, the three-storey mall has a total net lettable area of 200,000 sq ft.
Concorde Hotel Kuala Lumpur not for sale, says chairman
A news report last week revealed that Concorde Hotel Kuala Lumpur is up for sale at nearly RM700 million, along with the adjacent land.
DONE DEAL: Verticas Residensi, Bukit Bintang, Kuala Lumpur
DONE DEAL: Terrace house, The Mansions, Desa ParkCity, Kuala Lumpur DONE DEAL: Semidee house, Flora Ville, Skudai, Johor Bukit Bintang’s average transacted prices for non-landed residential properties are in constant flux, and after a 10% decrease during 2022 and 2023, they are now up by 38.
