News about Penang

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SRS Consortium is being offered the contracts on the so-called single sourcing request-for-proposal mechanism, Transport Minister Anthony Loke Siew Fook said in a statement.

INFINITY8 will have a total of 13 coworking spaces in the country by the end of this year.

The warehouses will provide sufficient storage space that caters to the tenant’s logistics and inventory requirements, including storing raw materials, finished products or equipment.

Going forward, Hua Yang is “optimistic” of an improvement in the property sector, but cautioned that the continuation of global geopolitical tensions and inflationary pressure on construction costs continues to challenge business operations.

The disposal was arrived at a willing buyer-willing seller basis and will generate surplus cash of approximately RM80.

GEM Residences also consists of 15 commercial units on the ground floor which are to be leased out.

On Jan 3, Kerjaya Prospek announced a contract worth RM170.

In a brief Facebook statement on Thursday, Penang Chief Minister Chow Kon Yeow said that Tan Sri Tan Kok Ping had used his capacity as the Penang Chinese Chamber of Commerce's life honorary president to have a press conference on an agreement for a proposed development project between Penang Development Corp (PDC) and Umech Land Sdn Bhd.

Jiankun said the proposed acquisition is expected to provide the group an opportunity to venture into property development in the northern part of Peninsular Malaysia and contribute positively to the group's revenue and profitability.