Benjamin Teo emerges as substantial shareholder in Paramount
Teo joined Paramount’s board as an executive director in August 2019, before being appointed as deputy group CEO in September 2021.
LFE to undertake private placement to fund construction firm buy
CPMSB has contributed substantially to the group’s revenue for the financial year ended Dec 31, 2021, but the group was only able to recognise profit after tax from CPMSB up to the extent of its equity interest in the firm, despite the recognition of 100% of the firm’s revenue.
Reneuco to undertake housing project in Terengganu jointly with state government
The project comprises 636 units of Type A affordable housing, 360 units of Type B affordable housing and commercial housing KUALA LUMPUR (Dec 9): Reneuco Bhd (formerly known as KPower Bhd) has inked a joint venture agreement with the Terengganu government for the development of a mixed housing project in Kuala Nerus.
Property developer SkyWorld Development seeks Main Market listing
SkyWorld, via its subsidiaries, are mainly involved in property development, property investment, management services, treasury management, e-commerce business, and management consultancy services.
Lendlease to unveil The Exchange TRX’s retail, entertainment component in 4Q2023
The retail and entertainment component will have a net lettable area of 1.
Gamuda earmarks RM2 bil for sustainable investment over next five financial years
"Our RE plans also reach beyond the Malaysian border.
Gamuda's acquisition of solar energy firm puts it on track to become largest private RE producer
MIDF Research added Gamuda remains the research firm's top pick for the construction sector, having premised on its effective diversification strategy out of Malaysia in a bid to become a strong regional player.
Scientex 1Q net profit rises 4.2% to RM107 mil on strong revenue
"To date, we have built over 27,000 affordable homes, with most of them priced below RM300,000 to address the vastly underserved market.
Mark Wahlberg’s former grand estate on the market for US$28.5m
The primary suite in the house is designed to wow, with “canyon views, a wood-burning fireplace, his-and-hers bathrooms with beautiful marble slab counters, luxurious aromatic oil-and-steam showers, a hair salon, and a private staff entrance”.
