Gamuda targets RM6b to RM8b orderbook replenishment in FY18
SHAH ALAM (Dec 7): Gamuda Bhd has targeted to replenish its construction orderbook by between RM6 billion and RM8 billion for its financial year ending July 31, 2018 (FY18).
Contactors may see supply chain overstretched in coming years — Gamuda CEO
SHAH ALAM (Dec 7): Local contractors may face cost pressures from a tightening supply chain in the years to come, according to Gamuda Bhd group managing director Datuk Lin Yun Ling.
HCK Capital Group buys Sungai Buloh plot from PKNS for RM80m
KUALA LUMPUR (Dec 6): HCK Capital Group Bhd is buying a plot of leasehold land in Mukim Sungai Buloh, Selangor, which has been earmarked for a mixed commercial development, for RM80 million from Perbadanan Kemajuan Negeri Selangor (PKNS).
Scientex 1Q net profit up 39.1% to RM72.4m, declares 10 sen dividend
KUALA LUMPUR (Dec 6): Scientex Bhd net profit for the first quarter ended Oct 31, 2017 (1QFY18) rose 39.
A river runs through it
Somehow, it seems particularly apt that acclaimed Bali-based architect Joost van Grieken’s home takes its name from the humble breadfruit tree or “pokok sukun”.
Klang Valley retail occupancy rate at 5-year low
KUALA LUMPUR (Dec 6): The average occupancy rate of retail space in the Klang Valley, which has been falling marginally over the last six years, is now hovering at a five-year low of 86%, said real estate services firm Nawawi Tie Leung Sdn Bhd (NTL).
IJM Corp and Sunway set up four-party consortium for KL-Singapore High Speed Rail
KUALA LUMPUR (Dec 5): IJM Corp Bhd announced today its wholly-owned IJM Construction Sdn Bhd has entered into a pre-bid agreement with three companies to participate in the tender for the Kuala Lumpur-Singapore High Speed Rail (HSR) project.
Johor to maintain RM1m floor on foreign property ownership
PETALING JAYA (Dec 4): Johor will maintain the current RM1 million minimum purchase price for foreign property ownership in the state, reported The Sun.
Underground land acquisitions now regulated nationally
PETALING JAYA (Dec 2): The National Land Council (MTN) has agreed to set a minimum depth for acquisition of underground land for development purposes, said Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi.
Gamuda Land and TM ink MoU for infrastructure and network services
PETALING JAYA (Nov 30): Gamuda Land and Telekom Malaysia Bhd (TM) had signed a memorandum of understanding (MoU) yesterday to provide infrastructure and related network services at its 89-acre Kundang Estates development in Kuang, Sungai Buloh.
