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Advancecon said its wholly-owned subsidiary, Advancecon Infra Sdn Bhd, was awarded RM7 million following proceedings administered by the Asian International Arbitration Centre.

The shares will be issued at 41.

Construction firms could benefit from promised public works, while property developers may gain from housing initiatives tied to job creation.

Maybank IB said making buildings earthquake-resistant adds 5%-10% to structural costs, but this is a small price to pay compared to the potential damage and losses from a major quake.

“We wish to stress that the steel business is still very much the core business of Lion Industries Corporation Bhd and have no plans to shut Amsteel Mills other than for upgrading purposes.

In a statement, Matrix Concepts said Kelvin Lee Chin Chuan will be driving the next phase of the company’s journey, bringing fresh energy to its vision of growth and innovation.

The MOUs will establish a collaborative framework to channel targeted Japanese small and medium enterprises (SMEs) into Eco Business Park VII (EBP VII) in Negeri Sembilan.

Its unit Epicon Land Sdn Bhd has signed a conditional joint development agreement with NCT Alliance's wholly owned unit NCT Noble Sdn Bhd to undertake a project to develop 876 single-storey terraced homes on 72.

Located at 333 St Kilda Road, the project comprises 78 residential units and three retail lots on a land area of about 2,000 sq m, 7km from the Melbourne central business district.

Country Heights said the full payment of RM142,698 to Fujifilm was settled on Sept 4.