LBS launches 470-acre new township Alam Perdana
IJOK (Nov 8): LBS Bina Group Bhd’s latest township project Alam Perdana in Puncak Alam, Selangor will be launched this weekend.
FMM calls for higher investments in flood and disaster mitigation programmes
KUALA LUMPUR (Nov 7): Following the massive floods in Penang, the Federation of Malaysian Manufacturers (FMM) has called on federal and state authorities to have higher investments in flood and disaster mitigation programmes commensurate with the increase in land development.
O&C to buy Petaling Jaya land from Tropicana for RM24.59m
KUALA LUMPUR (Nov 8): O&C Resources Bhd is purchasing 4,101 square feet or 1.
Nearly RM220m in govt funds used to recover abandoned home projects
KUALA LUMPUR (Nov 7): A total of 253 abandoned private housing projects, comprising 64,290 units, were reported in Peninsular Malaysia between January 2009 and Oct 11 this year, said the Ministry of Urban Wellbeing, Housing and Local Government.
Fern phase 2 at Meridin East to launch this weekend
JOHOR BAHRU (Nov 7): Mah Sing Group Bhd is launching phase two of Fern at its Meridin East township in Johor Bahru this weekend (Nov 11 and 12).
Naim Indah ceases to be project management consultant for Gateway Klang Project
KUALA LUMPUR (Nov 7): Naim Indah Corp Bhd has ceased to be the project management consultant for Lagenda Erajuta Sdn Bhd’s Gateway Klang Project, due to a delay by Lagenda in obtaining approval for the land transfer and a change in the land usage status.
Perfect Eagle partners REAL Education Group to set up preschool centre at O2 Residence
PETALING JAYA (Nov 7): Perfect Eagle Development Sdn Bhd has signed an agreement with REAL Education Group last Friday (Nov 3) to open a REAL Kids preschool centre at its O2 Residence development in Puchong South, Selangor.
RM200m losses seen, as SMEs badly hit by Penang floods
KUALA LUMPUR: While most Penang-based listed companies are little affected by the state’s worst-ever floods, a significant number of small and medium enterprises (SMEs) appear to have been badly hit, with an industry group estimating losses at about RM200 million.
Eversendai sees Saudi Aramco project as stepping stone
KUALA LUMPUR (Nov 7): Eversendai Corp Bhd, which has bagged RM180 million worth of new projects, including a major offshore fabrication job from Saudi Aramco, anticipates the latter deal will open up new opportunities for the group in the oil and gas (O&G) segment.
MRCB warrants surge on EDL takeover news
KUALA LUMPUR (Nov 7): Malaysian Resources Corp Bhd’s (MRCB) warrants were heavily traded yesterday, running ahead of the mother shares, on news that the government is likely to buy back the Eastern Dispersal Link (EDL).
