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MRT Corp reported that the maintenance depot in Wadi Hana, Johor Bahru — a main railway infrastructure component — has achieved a progress rate of 82.

"We anticipate a successful transformation that will see Encore Melaka thrive as a premier cultural destination.

With this deal, EcoWorld has joined other companies that have ridden the recent wave of artificial intelligence, particularly in data centres, which has swept through the capital market in Malaysia.

Top Builders had failed to issue its annual report including audited financial statements for the financial year ended June 30, 2022 (FY2022), by the deadline of Oct 31, 2022, said Bursa Securities in a statement on Friday.

Executive chairman and substantial shareholder Lee Check Poh said the group has so far invested RM300 million in the expansion of its warehouses, exceeding the minimum RM240 million investment in capital expenditure (capex) to qualify for the income tax exemption under the Malaysian Investment Development Authority’s (Mida) integrated logistics services (ILS) scheme.

The construction outfit stated that its wholly-owned subsidiary, Nestcon Infra Sdn Bhd, has accepted a letter of award (LOA) from property developer Seriemas Development Sdn Bhd to undertake the construction and completion of earthworks, soil improvement, and associated works for package 4-2 of the proposed development.

Paramount chief executive officer Jeffrey Chew Sun Teong: “We have grown five times over the last ten years and reached RM1 billion in sales.

Nestcon Solar Sdn Bhd (NSSB), a wholly-owned subsidiary of Nestcon Sustainable Solutions Sdn Bhd, which is in turn a 51%-owned subsidiary of the company, had entered into an agreement with Subang Safety Glass Sdn Bhd to develop, design, install, construct and commission a solar PV system on the rooftop of Subang Safety Glass' premises.

The property developer said it has authorised its chairman Tan Sri Mohd Anwar Mohd Nor to seek international tender submissions in US dollars, with Malaysian participation also welcomed, at the exchange rate of RM4.

The group said the contract period is for 23 months, and is divided into two phases, with the first phase comprising 124 units of houses and the second phase consisting of 50 units.