‘Building materials not the cause of high housing prices’
KUALA LUMPUR (Jan 10): The prices of four most-utilised building materials, namely steel, cement, ready-mixed concrete and sand, are not the contributing factors in rising housing costs, says the Malaysia Competition Commission (MyCC).
MACC remands two company heads in connection with RM6.3b Penang undersea tunnel project probe
PETALING JAYA (Jan 10): The Malaysian Anti-Corruption Commission (MACC) has remanded two company heads — of Ewein Bhd and Consortium Zenith Construction Sdn Bhd — in connection with the RM6.
MACC raids four Penang agencies, three companies over undersea tunnel project
PETALING JAYA (Jan 9): The Malaysian Anti-Corruption Commission (MACC) has raided four Penang state government agencies and three companies in relation to the proposed undersea tunnel project in the northern state, reported news outlets.
Sunway REIT plans minimum RM100m investment for Penang mall extension
PETALING JAYA (Jan 9): Sunway Real Estate Investment Trust (Sunway REIT) is planning a minimum investment of RM100 million, with the bulk of this sum going towards building the second phase of its Sunway Carnival Shopping Mall in Seberang Jaya, on the mainland of Penang.
China’s wealthiest woman makes US$2.1 billion in four days
PETALING JAYA (Jan 9): Yang Huiyan – the controlling shareholder of Country Garden Holdings Co, and China’s richest woman — saw her wealth burgeon by US$2.
Sabah land deal secured in Bitcoin
PETALING JAYA (Jan 9): A Sabahan businessman had secured the sale of a 1.
MQREIT to dispose of property for RM28 million
KUALA LUMPUR (Jan 8): MRCB-Quill REIT (MQREIT) has announced that Maybank Trustees Bhd — as a trustee for and on behalf of MQREIT — has signed a sale and purchase agreement with Transmark Corporation Sdn Bhd for the disposal of a warehouse-cum-office building for RM28 million cash.
Ascension Tech to use Ajiya's building solutions in its affordable housing projects
KUALA LUMPUR (Jan 8): Ajiya Bhd is teaming up with Ascension Technology Sdn Bhd to promote affordable housing in Malaysia by using Ajiya's innovative construction technique.
