Stop work order issued for soil erosion danger
BUKIT MERTAJAM (May 13): A development near Kampung Besar Berapit here has been ordered to stop work by the authorities for neglecting soil erosion mitigation on its hillside project.
Advance Synergy’s cash pile to rise after land sale
KUALA LUMPUR (May 13): Advance Synergy Bhd, a company controlled by businessman Datuk Ahmad Sebi Bakar, is selling a piece of land for RM124 million cash.
KPKT: Potential collaboration with China companies for affordable housing funding and technology
SHAH ALAM (May 11): Housing and Local Government Ministry (KPKT) has signed a Memorandum of Understanding (MoU) with eight companies from China, for future potential foreign direct investment and technology knowledge transfer towards Malaysia’s affordable housing development.
Plaza Rakyat project to restart soon
Work on the long-abandoned Plaza Rakyat project in Jalan Pudu, Kuala Lumpur is expected to begin soon, A 43% stake in the developer - Profit Consortium Sdn Bhd is being bought by China-based Guangzhou Xu Zhuo Enterprise Management Co Ltd, who are expected to pay the outstanding debt due to Kuala Lumpur City Hall (DBKL) “The Plaza Rakyat project is being taken over by a new consortium, which finalised its takeover at end-March.
Rajawali Group set to exit Sheraton Imperial KL after 15 years
A 33-storey building in Jalan Sultan Ismail has been put up for sale by Indonesian billionaire Tan Sri Peter Sondakh.
Seacera gets letter of demand to pay RM12.85m loan from AmBank Islamic
KUALA LUMPUR (May 10): Seacera Group Bhd has been a served a letter of demand for payment of RM12.
OSK Property launches You City III Cheras TOD
KUALA LUMPUR (May 10): OSK Property will be launching its You City III Cheras integrated transit-oriented development (TOD) this Sunday (May 12).
MMC Corp expects govt to revive MRT3 by year end
KUALA LUMPUR (May 10): MMC Corp Bhd group managing director (MD) Datuk Seri Che Khalib Mohamad Noh expects the government to revive the mass rapid transit 3 (MRT3) project, which is also known as the Circle Line, by year end.
Dr M: Govt fulfilled 39.01% of manifesto promises
PUTRAJAYA (May 10): A year after the Pakatan Harapan government won the 14th general election (GE14), the administration had achieved 39.
2020 plus 10
PUTRAJAYA (May 10): Prime Minister Tun Dr Mahathir Mohamad has introduced a new economic model which advocates shared prosperity, with a target to provide a “decent standard of living for all Malaysians” by 2030 regardless of economic class, race and geographic location.
