Ecobuilt's RM148m police office building JV project falls through
“EBSB was unable to obtain the bank guarantee for the performance bond (amounting to RM7.
“EBSB was unable to obtain the bank guarantee for the performance bond (amounting to RM7.
“You also need support and to work in partnership.
The highways concessionaires include Amanat Lebuhraya Rakyat Bhd (ALR), Projek Lintasan Kota Holdings Sdn Bhd (Prolintas), IJM Corp Bhd, ANIH Bhd and PLUS Malaysia Bhd.
Maya Bay Residences comprises three towers of serviced apartments with a total of 972 units.
The 29-year-old property cost the group RM21.
“We will use 80% of the financing to fund the land purchase, and the remaining for infrastructure development in the township as well as standby funds.
The total quota of 800MW under CGPP has now been fully subscribed.
The KUTS projects aim to transform Kuching into a dynamic and competitive city by providing user-friendly mobility services through the Greater Kuching area with the introduction of the autonomous rapid transit.
Looking ahead, the group acknowledged challenges in the domestic property sector due to higher interest rates, ongoing inflation and an oversupply of properties in different markets and segments.
The construction company said its wholly owned subsidiary Vestland Resources Sdn Bhd (VRSB) had secured the award from Ambang Besar Sdn Bhd.