Ayer Holdings plans two new residential launches in 2H18
PUCHONG (Jan 10): Plantation and property group Ayer Holdings Bhd (formerly known as TAHPS Group Bhd) is looking at launching two new projects in its Bukit Puchong township in the second half of this year (2H18), said group CEO Eugene Khoo.
UPDATE: Court grants six-day remand for director over Penang tunnel investigation
KUALA LUMPUR (Jan 10): A 59-year-old senior executive director of a company said to be linked to the proposed Penang undersea tunnel has been ordered to be remanded for six days by the Magistrate’s Court in Putrajaya, the news portal Malaysiakini reported today.
‘Building materials not the cause of high housing prices’
KUALA LUMPUR (Jan 10): The prices of four most-utilised building materials, namely steel, cement, ready-mixed concrete and sand, are not the contributing factors in rising housing costs, says the Malaysia Competition Commission (MyCC).
MACC remands two company heads in connection with RM6.3b Penang undersea tunnel project probe
PETALING JAYA (Jan 10): The Malaysian Anti-Corruption Commission (MACC) has remanded two company heads — of Ewein Bhd and Consortium Zenith Construction Sdn Bhd — in connection with the RM6.
MACC raids four Penang agencies, three companies over undersea tunnel project
PETALING JAYA (Jan 9): The Malaysian Anti-Corruption Commission (MACC) has raided four Penang state government agencies and three companies in relation to the proposed undersea tunnel project in the northern state, reported news outlets.
Sunway REIT plans minimum RM100m investment for Penang mall extension
PETALING JAYA (Jan 9): Sunway Real Estate Investment Trust (Sunway REIT) is planning a minimum investment of RM100 million, with the bulk of this sum going towards building the second phase of its Sunway Carnival Shopping Mall in Seberang Jaya, on the mainland of Penang.
Mitrajaya bags RM103m civil servant housing project
KUALA LUMPUR (Jan 9): Mitrajaya Holdings Bhd has been appointed as the main building works contractor for a public housing project in Precint 17, Putrajaya.
