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News about Penan

Muhibbah secures RM173m construction award from Penang Development Corp

Feb 14

The contract is scheduled to commence on Feb 13 and is expected to be completed within 14 months from the commencement date.

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Kerjaya Prospek clinches another Seri Tanjung Pinang construction project worth RM398m

Feb 08

The contract involves Phases 2B and 2C of the STP reclamation project in Tanjung Tokong, Penang KUALA LUMPUR (Feb 7): Kerjaya Prospek Group Bhd has accepted another contract for the Seri Tanjung Pinang (STP) development in Penang, this time worth RM398 million, for the construction of coastal protection structure.

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Penang’s proposed short-term rental accommodation guidelines detrimental to tourism economy and growth, says Airbnb

Jan 20

“The current guidelines proposed by the Penang government in July 2022 pose severe constraints on domestic and international travel to Penang; and will be detrimental to the state’s tourism industry and long-term economic growth.

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Ecobuilt bags RM93m project to develop a business complex in Penang

Jan 20

The group said its wholly owned subsidiary Rexallent Construction Sdn Bhd has accepted the letter of award dated Jan 5 issued by ADM Design & Management Sdn Bhd.

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YLI to dispose of two lands in Penang for RM17.3m

Dec 02

YLI said the two pieces of land have a combined size of 4.

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IJM bags two building contracts in Penang for RM422.18m

Nov 23

The first contract is for the construction of a new chip assembly and testing facility with a value of RM341.

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CapitaLand Malaysia Trust to acquire Penang's Queensbay Mall for RM990.5 mil

Nov 10

The acquisition of Queensbay Mall will deepen CLMT’s presence in Penang, thus strengthening its foothold in the northern region of Malaysia, where it already owns Gurney Plaza and is targeting to complete the acquisition of its first logistics property in Penang in the fourth quarter of this year.

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Acme inks JV to develop Penang land

Nov 07

“The developer hereby guarantees that the landowner’s entitlement shall be equivalent in value to the minimum sum of RM210 million only.

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Ireka teams up with Penang State Islamic Religious Council to build houses in Seberang Perai

Nov 04

Ireka said its wholly-owned subsidiary, Ireka Development Management Sdn Bhd), accepted a Letter of Award from WPPSB on Thursday (Nov 3) to jointly undertake the development of 131 units of double-storey terrace houses and 16 units of three-storey terrace houses on the 12.

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Penang govt previews Penang South Islands to empower Malaysia's E&E and service industries

Sep 20

“With the aim of building a city of the future, PSI will continue to encourage the entry of high-end industries and global business services to create a dynamic ecosystem that will [in turn] create high-paying, high-value jobs for the masses.

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