Scientex open to East Malaysia expansion in affordable housing push
The group has set a target to launch over 10,000 units a year.
The group has set a target to launch over 10,000 units a year.
The 50:50 joint venture with Samsung C&T Corporation will be working on the Marinus Link undersea cable project, covering civil, structural, and electrical infrastructure, Gamuda said in an exchange filing.
Efforts to resolve the remaining 2% will continue but they mostly involve technical issues regarding inheritance, Datuk Seri Wan Rosdy Wan Ismail said.
HLIB said from 4Q2025 onwards, REITs with recently completed acquisitions should see stronger contributions.
Phase 1 includes the development of three lines: the Blue Line from Rembus in Kota Samarahan to Hikmah Exchange in the city centre; the Red Line, from Kuching Sentral to Pending; and the Green Line, from Pending to Damai.
Ann Joo said developing its land into an industrial park makes it more attractive and valuable than selling it directly.
Sarawak Premier Tan Sri Abang Johari Tun Openg said the move was informed by lessons drawn from the successful development of the Suzhou Industrial Park in China, following a recent engagement with its administrative authority during a working visit to the city.
One of the key requirements for heavy industry players is space—not just any space, but one that is huge enough to store and operate extensive machinery, tools, and equipment.
Up to eight properties available for viewing PETALING JAYA (Dec 12): PropNex Malaysia’s open house for this month will take place over this weekend with up to eight properties for you to view (and buy if you so wish, of course).
Once operational, the improved link is expected to ease traffic congestion, shorten travel times, and reduce logistical bottlenecks—all of which would strengthen cross-border movement, and bolster Johor’s attractiveness to investors, businesses and skilled professionals.