Matrix Concepts’ 1Q net profit up 3.7% on higher property sales, lower marketing costs
Quarterly revenue inched up 1.
KTI Landmark to build RM107m cultural complex in exchange for 65-acre land in Sabah
KTISB will pay for the complex construction and, in return get the 65 acres as payment.
S P Setia reports RM99.8 mil net profit for 2Q
Quarterly revenue stood at RM944 million, mainly supported by contributions from local development projects.
KPS Consortium unit to acquire leasehold industrial land in Klang for RM30 mil
The property includes a factory building, and according to KPS Consortium, the acquisition is intended for investment purposes.
Southern Score Builders subsidiary secures RM19.31m subcontract from Sunway Construction
Sunway Construction retains the discretion to postpone or defer the project, or any portion of it, by up to six months.
Asian Pac buys Salcon’s property development arm for RM42 mil
Its wholly owned subsidiary, Kota Platinum Sdn Bhd, on Monday signed a sale and purchase agreement with Salcon’s wholly owned unit, Salcon Development Sdn Bhd (SDSB), and Datuk Ding Pei Chai to acquire the entire equity interest in Prestasi Kemas Sdn Bhd (PKSB).
Housing Development Act to be amended to cover sick commercial projects
The legislation, also known as Act 118, currently does not cover commercial projects such as shop lots and offices, while only regulating residential projects by requiring developers to obtain licences with strict conditions, said Housing and Local Government Minister Nga Kor Ming.
IJM Corp unit secures RM1.4 bil data centre project in Johor, its biggest yet
This marks IJM Construction’s fourth data centre project in Johor.
The Connaught One: A freehold transit-Oriented development in Cheras
Residensi Connaught 1 is a highly anticipated freehold condominium project by UEM Land Berhad, strategically located in the vibrant Taman Connaught neighborhood of Cheras.
Chin Hin to focus on property development after hiving off commercial vehicle business for RM74 mil
The subsidiaries, which Chin Hin acquired between 2004 and 2015 for a total cost of investment amounting to RM64.
