Zenith proposes Penang undersea tunnel alternative
PETALING JAYA (July 2): Consortium Zenith Construction (CZC) Sdn Bhd is proposing to build a bridge in lieu of the RM6.
Kota Giam, Penang folk to get PPR homes
KUALA LUMPUR (July 2): If all things go according to plan, Kota Giam, Jelutong in Penang will host up to 2,000 People’s Housing Project (PPR) homes.
TA suspends trading of shares pending material announcement
KUALA LUMPUR (July 2): Shares of TA Enterprise Bhd, which has interest in financial services, property and hospitality, was suspended from 10:32am today, ahead of the release of a material announcement.
Sabah wants total ban on sand mining and dredging in Keningau
KUALA LUMPUR (July 2): Sabah’s of Agriculture and Food Industry ministry wants a total and immediate ban on sand mining and dredging activities in Keningau.
Zenith claims conned in RM22m Penang undersea tunnel graft case
PETALING JAYA (July 2): Consortium Zenith Construction Sdn Bhd’s (CZC) senior executive director Datuk Zarul Ahmad Mohd Zulkifli said the company was duped into paying off two individuals who claimed to have high-level connections within the authorities, reported the Malay Mail.
FY18 to see flat profit growth despite stronger 9M — Titijaya
KUALA LUMPUR (July 2): Developer Titijaya Land Bhd may have achieved a marginally stronger performance in its first nine months of the 2018 financial year (FY18), but the group is not expecting its earnings to improve by much for the full year, due to the prevailing weak buying sentiment, according to deputy group managing director Lim Poh Yit.
Bina Puri hopes to sustain momentum despite property slump
KUALA LUMPUR (July 2): Construction company Bina Puri Holdings Bhd is hoping to sustain last year’s financial performance at the very least, given that the property market remains tepid, while drastic cost cuts by the new Pakatan Harapan government have derailed several key projects.
HK’s red-hot property market exorcises ‘haunted’ apartment phobias
PETALING JAYA (July 1): Hong Kong’s red-hot property market has driven away fears of hongza – “haunted” apartments where tragic deaths took place – as buyers seek cheaper deals amid escalating prices and punishing taxation meant to curb price growth, reported Reuters.
Negeri Sembilan aims to build aviation hub
PETALING JAYA (July 1): Negeri Sembilan plans to develop an aviation hub as the state government is confident that it will benefit the economy at the local and national level, reported Bernama.
GLC architect remanded over investigations into RM300m projects
PETALING JAYA (July 1): An architect with a government-linked company (GLC) has been remanded for five days to assist in investigations into the awarding of tenders for RM300 million worth of construction projects, reported Bernama.
