Klang-based company buys 31.27% stake in Penang's Ideal Sun City
KUALA LUMPUR (Nov 16): Success Tower Sdn Bhd, a private incorporated company based in Klang, Selangor, had on Nov 13 purchased 49.
Edu@Iskandar, like Rome, won’t be built in a day
IS Education@Iskandar, otherwise known as EduCity, living up to its promise? It started with a bang in 2012 when the first buildings were completed and a few of the educational institutions opened their doors to students.
Sunway Velocity 40% completed
PETALING JAYA (Nov 13): Sunway Bhd’s Sunway Velocity integrated development in Taman Maluri, Cheras is now 40% developed and is on track for completion in 2019, the company revealed in a press release today.
Khidmat Runding Jatipadu not authorised by 1MDB
KUALA LUMPUR (Nov 13): A third party not linked to or authorised by 1Malaysia Development Bhd (1MDB) and the government, is purporting to be the project manager for Bandar Malaysia and Tun Razak Exchange (TRX) developments.
Two bidders shortlisted for Bandar Malaysia stake sale
KUALA LUMPUR (Nov 13): The race to pick up a 60% stake in 1Malaysia Development Bhd’s (1MDB) prized project Bandar Malaysia is down to two bidders, one of which is said to be a consortium led by a China-based company in a tie-up with tycoon Tan Sri Lim Kang Hoo and several other local developers.
Developing greener practices
“SUSTAINABLE properties today should be efficient, forward-looking and future-proof,” says Dr Thomas S K Tang, sustainability director of consultancy firm AECOM Malaysia.
Zecon invites Unimas to acquire 20% stake in SPV
KUALA LUMPUR (Nov 12): Zecon Bhd has invited Universiti Malaysia Sarawak (Unimas) to take up a 20% stake in a special purpose vehicle (SPV) which will undertake the development of a commercial block of the Unimas health metropolis project in Sarawak.
More than 100 notices issued to traders in rat-infested Seremban market
SEREMBAN (Nov 6): Seremban Municipal Council (MPS) has issued more than 100 notices to traders at the Pasar Besar Seremban for failure to keep the premises clean.
Promising outlook for Shah Alam
SHAH ALAM, capital of Selangor, is a tranquil, well-planned city carved out of former oil palm and rubber estates.
EPF invests RM250 mil in industrial development fund
PETALING JAYA (Nov 6): The Employees Provident Fund (EPF) has invested RM250 million into the AREA Industrial Development Fund (AIDF-1), for a 40% share, said EPF CEO Datuk Shahril Ridza Ridzuan at the launch of the fund yesterday.
