Chin Hin Group Property buys RM40m land in Penang for residential project
As part of the deal, Chin Hin Group will award construction works of the development to a member company of the Ivory group as the turkey builder.
As part of the deal, Chin Hin Group will award construction works of the development to a member company of the Ivory group as the turkey builder.
Citing its statement on Wednesday, the “tragic incident” involved foreign construction workers, however, the property developer did not disclose the details of the workers.
The contract covers the execution and completion of 69 units of three-storey semi-detached and three-storey terraced houses for the proposed development at Seksyen 2, Pulau Andaman in Penang.
“Despite the PSI project being scaled down by scrapping Island B and Island C, we are not overly disappointed as the local government still maintains its plan to develop Island A (Silicon Island) with more concrete details and a timeline.
Zestron’s expansion at the Penang Technology Park @ Bertam will bring in an estimated investment of approximately RM60 million, and its new facility, which is scheduled for completion by 2025, is expected to be approximately five times the size of its current location.
Bukit Bintang Member of Parliament Fong Kui Lun pointed out that the Penang LRT project, spanning 23 stations, is estimated to cost RM10 billion, while the five revived stations under LRT3 will cost RM4.
In a filing with Bursa Malaysia on Tuesday, Sunway Bhd confirmed that its 70%-owned subsidiary Umech Land received a notice of termination of the JDA from PDC last Friday.
She will hold a “grand concert” entitled 'Jilid Akhir: Ella Puteri Kota' at Setia SPICE Penang on Oct 28.
The event, which took place at Minggu Saham Amanah Malaysia (MSAM) 2023 at Setia Fontaines, Bertam, is a continuation of Setia Foundation’s signature programme, Sincerely, Setia Unity in Diversity Programme.
Quarterly revenue more than doubled to RM56.