Nestcon plans diversification into renewable energy to expand revenue stream
The group foresees the RE business potentially contributing 25% or more to the group's net profits and/or diverting 25% or more of the group's net assets in the future.
Chinese new village Unesco bid 'not zero sum game' — Nga
“I have emphasised many times that the philosophy of leadership in KPKT is based on the Rukun Negara, and I am committed and eager to walk the talk.
Miti sets up independent committee for iron and steel industry
"What is also important is for them to explore solutions to help the industry keep abreast of the latest green manufacturing technologies, to be in line with Malaysia's commitment to reduce greenhouse gas emissions by 45% by 2030 and achieve carbon neutrality by 2050.
LBS Bina kicks off sukuk programme with RM200m sustainability sukuk issuance
The sustainability sukuk is priced at a yield of 5% with a periodic distribution of 5% per annum.
Urban Renewal Implementation Guidelines: How will owners’ rights be protected?
In addressing concerns regarding property owners’ interests, KPKT has outlined some points to be adhered to in the process of urban renewal.
Urban Renewal Implementation Guidelines – What’s in it for developers?
The guidelines function as a strategic tool, inviting developers and relevant parties to revitalise areas with untapped potential through a set of attractive incentives.
Sunview’s unit ups stake in aluminium firm to 30%
“This is crucial in mitigating potential cost increases, as both the aluminium price and freight charges are expected to increase in the near future.
KPKT proposes 75% consent threshold for en-bloc sales for urban redevelopment
KPKT is also proposing a consent threshold of a simple majority, which is 51% for abandoned projects to be redeveloped.
Pavilion REIT cancels MOUs to power Pavilion KL, Intermark and Pavilion Bukit Jalil with renewable energy
The terminations are due to the REIT's unsuccessful bids to the Energy Commission to participate in the CGPP, according to its filing to Bursa Malaysia on Friday.
Urban Renewal Act: Is KPKT biting more than it can chew?
A new Act will surely come with its own set of challenges, but is KPKT capable of monitoring it when it has not been able to resolve the current spate of problematic projects? The Ministry of Local Government Development (KPKT) has recently announced that the Urban Renewal Act will be tabled next year.
