UEM Group, MMC Corp seen among Pan Borneo highway contenders

KUALA LUMPUR (April 4): AmInvestment Bank said it does not preclude the possibility of seeing Peninsular-based contractors being invited to set up joint ventures (JVs) to bid for jobs, after The Edge Weekly reported that UEM Group Bhd, MMC Corp Bhd and Warisan Tarang Construction Sdn Bhd are teaming up for the Sabah portion of the Pan Borneo Highway.

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Shift to affordable sector may strain developers’ margins

KUALA LUMPUR (April 4): The shift of focus to affordable housing below the RM500,000 per unit range, which has been seeing more resilient demand than higher-end properties, may strain the margins of developers, especially those who are not traditionally involved in this housing category, said Kenanga Investment Bank.

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Visionary architect Zaha Hadid dies at 65 of heart attack

PETALING JAYA (April 1): Acclaimed Iraqi-British architect Zaha Hadid, whose iconic projects include the London Olympics Aquatics Centre, the Bahrain International Circuit and the Beijing New Airport Terminal building has passed away at the age of 65 from a heart attack.

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BBCC draws in Japanese and Singaporean investors

KUALA LUMPUR (March 28): Despite the gloomy outlook on Malaysia’s economy, two major Japanese investors will invest substantially into the landmark redevelopment of Pudu Jail at Bukit Bintang here that is backed by the Employees Provident Fund (EPF).

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