Paramount completes RM257.9 mil Jalan Ampang land acquisition from IOI Properties
PETALING JAYA (June 18): Paramount Corp Bhd's wholly owned subsidiary Meridian Kuasa Sdn Bhd has completed the acquisition of a 14,974 sq m (approximately 3.
MD continues with share trading as Tanco claims ‘business as usual’
KUALA LUMPUR (June 17): After telling the investing public that it was business as usual at Tanco Holdings Bhd (KL:TANCO) despite the collapse of its share price, group managing director Datuk Seri Andrew Tan Jun Suan also continued his trading as usual.
Rise in cost of building materials still under control — Nanta
KUCHING (June 17): The increase in the cost of construction materials following the global energy crisis and disruptions to the world's supply chain is still at a manageable level.
Beshom's Hai-O unit to sell 14.58-acre Klang industrial land for RM85.80 mil, booking RM52.78 mil gain
PETALING JAYA (June 17): Beshom Holdings Bhd's wholly owned subsidiary Hai-O Enterprise Bhd has entered into a sale and purchase agreement (SPA) to dispose of three parcels of freehold industrial land in Klang, Selangor for RM85.
UEM Sunrise locks in capital partner for A$315 mil Melbourne build-to-rent project
PETALING JAYA (June 16): UEM Sunrise Bhd has secured an institutional investor for its A$315.
Malaysia keen to strengthen cooperation in housing development with Singapore, says Nga
SINGAPORE (June 16): Malaysia is keen to strengthen cooperation in housing development with Singapore through talent mobility and knowledge-sharing initiatives, Housing and Local Government Minister Nga Kor Ming said.
Gabungan AQRS revises Bangi JV terms to ease project cash flow
PETALING JAYA (June 16): Gabungan AQRS Bhd has executed a new joint venture agreement (JVA) with landowner Rising Charm Sdn Bhd to supersede the original December 2025 agreement for an integrated commercial development in Bangi, Selangor, with the key revision restructuring how and when the landowner receives its unit entitlement from the project.
Modular precast system to be studied to speed up building construction projects — deputy minister
ISKANDAR PUTERI (June 16): The Works Ministry has recommended that the Public Works Department (JKR) scrutinise and conduct an immediate study on the use of the modular precast system (MPS) to expedite the implementation of building construction projects nationwide.
Cafes, community, connectivity keep Wangsa Maju moving
PETALING JAYA (June 16): Around midday, the commercial streets along Jalan Wangsa Delima move at a steady pace.
Country Heights CEO resigns after brief stint, search for successor begins
KUALA LUMPUR (June 16): Country Heights Holdings Bhd (KL:CHHB) is searching for a new CEO after Mohd Rizal Zubair (pictured) resigned from the position barely two months after taking the helm.
