MPI buys land for new plant in China for RM15m
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.
Invoke Section 18A of the HDA to prosecute delinquent housing developers
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.
JHM to raise RM92m via private placement for new factory in Batu Kawan
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.
UOA Development takes top spot at The Edge Malaysia Top Property Developers Awards 2021
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.
Panel of experts to review ceiling price of affordable housing, says KPKT
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.
Sirim to develop Malaysia Railways Industrial Standard by May 2022
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.
Targeted vaccination softens Covid-19 impact on construction industry after estimated RM42 billion hit
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.
AME to list RM557m of industrial assets under REIT
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.
DONE DEAL: Warehouse at Seksyen 22, Shah Alam, Selangor
Read also DONE DEAL: Three-storey semi-detached factory at Seri Kembangan, Selangor DONE DEAL: Double-storey terraced factory at Hicom Glenmarie Industrial Park, Shah Alam, Selangor With easy accessibility to major highways like Kemuning Shah Alam Highway (LKSA), Federal Highway, Shah Alam Expressway (KESAS), North-South Expressway Central Link (ELITE) and New Klang Valley Expressway (NKVE), Seksyen 22 in Shah Alam has attracted many business owners to set up their warehouses or manufacturing plants here.
Boustead partners PowerChina unit to explore renewable energy, construction opportunities
KUALA LUMPUR (Nov 19): Boustead Holdings Bhd has signed a memorandum of understanding (MoU) with a unit of Power Co Corp of China (PowerChina), to explore collaborations in renewable energy (RE) projects and other civil engineering and construction projects.
