News about UN

KUALA LUMPUR (July 8): WCT Holdings Bhd’s 60:40 joint venture (JV) with China Communications Construction Co (M) Sdn Bhd (CCCC) has accepted the tender offer as the main contractor for the expansion of the Sapangar Bay Container Port in Kota Kinabalu for RM899.

KUALA LUMPUR (July 7): Real estate investors have strong convictions on the industrial and logistic sector which they anticipate will continue to perform well under the current economic climate, according to the Malaysia Commercial Real Estate Investment Sentiment Survey (CREISS) 2021 survey report by Knight Frank Malaysia.

KUALA LUMPUR (July 7): The Ministry of Entrepreneur Development and Cooperatives (MEDAC) warned today that the micro, small and medium enterprise (MSME) sector – which accounts for close to 40% of Malaysia’s gross domestic product – could collapse, should the current nationwide lockdown continue indefinitely.

PETALING JAYA (July 7): Sunway Property revised property sales target to RM2.

PUTRAJAYA (July 7): The Court of Appeal in a unanimous decision yesterday, dismissed the appeal by Johor-based developer Country Garden Danga Bay Sdn Bhd (CGDB) for a judicial review over the High Court and Tribunal of Homebuyers Claims’ decision to award damages for late delivery claims to seven homebuyers of a service apartment.

KUALA LUMPUR (July 6): The Ministry of Health (MoH) reported a total of 151,729 people or 33% out of the 457,462 recipients of the Skim Peduli Kesihatan untuk B40 (PeKa B40), who underwent health screening under this scheme, have been diagnosed with at least one non-communicable disease.

KUALA LUMPUR (July 6): The Malaysian property sector is expected to see its earnings recover 38% year-on-year (y-o-y) in 2021 from a low base, with digitalisation efforts cushioning the impact of the various lockdowns implemented this year, according to UOB Kay Hian.

KUALA LUMPUR (July 2): UEM Sunrise Bhd said it has sold three parcels of freehold agriculture land in Mersing, Johor to Lagenda Properties Bhd for RM45.

PETALING JAYA (July 2): The Master Builders Association Malaysia (MBAM) together with 35 associations in the construction industry is urging for vaccination priority to be given to construction industry workers and the building materials supply chain under Phase 2 of the National COVID-19 Immunisation Program (PICK).

KUALA LUMPUR (July 2): The Ministry of Finance (MoF) said the government had received the first payment from AMMB Holdings Bhd (AmBank) of RM1.