News about US

KUALA LUMPUR (Jan 7): Lion Industries Bhd has proposed to acquire a sub-divided leasehold agriculture land in Sepang for RM23 million or RM6.

KUALA LUMPUR (Dec 23): Malaysian Pacific Industries Bhd (MPI) has entered into an agreement to invest in land for its new plant in Suzhou, China.

Do we honestly need new laws to purportedly “offer more protection” for house buyers when the existing ones are adequate? Do we lack laws or the will to enforce them?  Would amending the Housing Development (Control &Licensing) Act, 1966 (Act 118) and their related Regulations honestly solve the problem of abandoned housing project? There is nothing wrong with the current laws.

Last week, I presented the National House Buyers Association (HBA)’s: ‘tick where applicable” checklist to our newly minted Minister of Housing & Local Government, YB Datuk Seri Reezal Merican Naina Merican in my article published on Dec 11, 2021 entitled: ‘If I were the Housing Minister” I have since received positive feedback from my fellow volunteers, friends of HBA, industry players, stakeholders, civil servants, politicians from both sides of the divide and housing developers (of the decent and responsible variety).

KUALA LUMPUR (Dec 16): JHM Consolidation Bhd plans to raise RM92 million via a private placement for the construction of its new manufacturing facility at the Batu Kawan Industrial Park in mainland Penang.

KUALA LUMPUR (Dec 15): UOA Development Bhd took the No 1 spot at this year’s The Edge Malaysia Top Property Developers Awards (TPDA), the first time the company has done so.

KUALA LUMPUR (Dec 7): The government will set up a panel of experts to review the ceiling price of the existing affordable housing, said Deputy Housing and Local Government Minister Datuk Seri Ismail Abd Muttalib.

KUALA LUMPUR (Dec 6): Sirim Bhd’s wholly-owned subsidiary, Sirim STS Sdn Bhd (SIRIM STS), has been appointed as coordinator for the development of Malaysia Railways Industrial Standard (MRIS) to advance and promote the competitiveness of the country's rail industry.

KUALA LUMPUR (Dec 6): The extended Covid-19 outbreak in the country has continued to affect the construction industry this year, but the impact has been more moderate compared with in last year due to a vaccination roll-out targeted at construction workers, among others.

KUALA LUMPUR (Nov 26): AME Elite Consortium Bhd is planning to list RM557 million worth of industrial and industrial-related real estate assets via its upcoming real estate investment trust, AME REIT.