US data centre firm Equinix invests RM23m to expand capacity in Malaysia
The acquisition will be instrumental in meeting the rising demand for data centre services in Malaysia and the broader Southeast Asia region, Equinix said in a statement.
Ecofirst’s 4Q net profit more than doubles amid improved sales conversion
Property developer Ecofirst Consolidated Bhd (KL:ECOFIRS) said on Monday its net profit for the fourth quarter more than doubled from a year earlier thanks to higher sales conversion rate for the KL-48 project.
Lawyer poses queries on homebuyers' rights after Federal Court provides clarity on Ang Ming Lee decision
Ranjan Chandran, a consultant at Messrs Hakem Arabi & Associates: “The ruling on limitation from the date of execution of the SPA does not seem fair to homebuyers [if a] housing development project had not taken off after the SPA is signed and if there [is] a breach that can be ascertained when vacant possession is only been given.
S P Setia draws more than 5,000 visitors at 50th anniversary celebrations
The “Celebrating Spaces” event, which was hosted by Baki Zainal and Nadia Hasnan, saw a lineup of top musical talents, with rock legends Dato’ Awie and Ella, pop star Danny Koo, and Didi & friends.
Ekovest agrees to six-month extension for merger discussion between subsidiary and Knusford
The six-month extension to Jan 27, 2025 will provide Ekovest and Knusford with additional time to evaluate and deliberate the terms of the definitive agreement for the proposed merger.
Kumpulan Kitacon bags RM54.5m job to build houses in Rawang
The company expects the contract to contribute positively to its earnings for the financial year ending Dec 31, 2024 and until the contract expires.
Latest apex court decision on Ang Ming Lee case fair and balanced, provides clarity — lawyers
Senior lawyer Leonard Yeoh said that the decision ensures that nobody takes advantage of the law to the detriment of another.
Federal Court’s judgement in Ang Ming Lee case relieves developers from retrospective suits
What now for homebuyers? Homebuyers can be rest assured that their right to claim for damages for late delivery of vacant possession remains unchanged.
REHDA Malaysia welcomes Federal Court’s ruling involving the delivery period of properties in Prema Bonanza Sdn Bhd and Sri Damansara Sdn Bhd case
REHDA Malaysia president Datuk Ho Hon Sang: “We would also like to reiterate that we are not in favour of unnecessary extension of time unless for very valid reasons, developers must honour the terms in the contracted sales to deliver within the time allowed by the law.
S P Setia bags awards for Essex Gardens and Setia City Mall at BMSPA 2024
“We are grateful and honoured to have our developments — Essex Gardens in Setia Eco Templer and Setia City Mall — with the respective partners and property managers recognised as one of the well managed developments in the country and benchmarked by key industry standards, and our respected peers,” said SP Setia CEO and president Datuk Choong Kai Wai.
