The spirit of Penang
CAPTAIN Francis Light founded Penang in 1786 when he convinced the Sultan of Kedah, whose territory it was at the time, to cede the island to the British.
Mandatory to achieve IBS score of 70 in construction industry, says Najib
KUALA LUMPUR (April 12): It is now mandatory for all government projects costing RM10 million and more, and private sector ventures of RM50 million and above, to hit an Industrialised Building System (IBS) score of 70, said Prime Minister Datuk Seri Najib Razak (pictured).
Elmina Valley’s second phase 94% taken up
PETALING JAYA (April 12): Sime Darby Property Bhd’s Elmina Valley Phase 2, which comprises 2-storey linked homes, saw a take-up rate of 94% since its launch last Saturday.
Tropicana’s sale of Dijaya Plaza goes unconditional
KUALA LUMPUR (April 12): Tropicana Corp Bhd said all the conditions precedent for the proposed disposal of Dijaya Plaza in Jalan Tun Razak here have been satisfied and that the sale and purchase agreement dated Jan 28 has become unconditional.
M'sian construction industry to post 8% to 10% growth in 2016
KUALA LUMPUR (April 11): Malaysia's construction segment is expected to grow between 8% and 10% in 2016 in terms of projects undertaken, driven by government infrastructure projects, said Works Minister Datuk Seri Fadillah Yusof.
Sabah Pan Borneo Highway made official with govt and PDP signing agreement
PUTRAJAYA (April 11): The Sabah portion of the Pan Borneo Highway upgrading works have been made official by the signing of a project delivery partner (PDP) agreement by the federal and state governments and the PDP, which includes public-listed MMC Corp Bhd and Khazanah Nasional Bhd-owned UEM Group Bhd.
In pursuit of peace
COLOUR is serious business for the Pantone Color Institute — the authority on colour and provider of colour systems — which practices the annual ritual of informing the world about the “Colour of the Year”.
MM2H applicants down by half
SOURCE: MM2H THE number of applicants for the Malaysia My Second Home (MM2H) scheme had decreased by almost half last year from the previous year, according to statistics available on the MM2H website.
E-commerce set to impact property market
KUALA LUMPUR (April 9): E-commerce businesses are impacting the property market, especially the office and warehouse sectors.
HCK Capital's unit enters JV for Sarawak apartment project
KUALA LUMPUR (April 8): HCK Capital Group Bhd said its indirect 70%-owned unit HCK Premier Builders Sdn Bhd (HPBSB) has entered into a joint venture (JV) development agreement with Daya Builders Sdn Bhd for the development of apartment units in Kuching, Sarawak.
