News about g

KUALA LUMPUR (Nov 2): Tan Sri Lim Siew Choon, the man behind the Pavilion Group, has been appointed executive chairman of WCT Holdings Bhd with immediate effect.

KUALA LUMPUR (Nov 2): Seacera Group Bhd has aborted a plan to acquire Duta Nilai Holdings Sdn Bhd for RM220 million.

KELANA JAYA (Nov 2): Budget 2017 may seem favourable to the construction sector as many infrastructure projects have been announced, but Master Builders Association Malaysia immediate past president Datuk Matthew Tee said the  effect may be limited as only a few big players will be awarded the jobs.

KUALA LUMPUR (Nov 2): Pesona Metro Holdings Bhd has bagged the construction job to build Central Plaza @ I-City in Shah Alam, Selangor valued at RM488 million.

KELANA JAYA (Nov 2): The Malaysia property market will be experiencing a soft-landing as property prices are still holding up although price growth is decelerating, said Sunway Business School Professor of Economics Yeah Kim Leng.

PETALING JAYA (Nov 2): Gamuda Land, the property development arm of Gamuda Bhd which turned 40 this year, has been giving away cupcakes and balloons around the Klang Valley since Oct 15 to celebrate the milestone.

PETALING JAYA (Oct 31): KIP Group’s latest development — Core SoHo (Small-office Home-office) Suites in Kota Warisan, Sepang, is well-received with 80% of Tower B’s units taken-up, according to the group’s director Valerie Ong.

KELANA JAYA (Nov 2): Housing prices  could only come down to the affordable level if all stakeholders were  willing to work together to bring down the development cost, said Rehda (Real Estate and Housing Developers’ Association) Institute chairman Datuk Jeffrey Ng Tiong Lip.

The proposed implementation of eLelong by the Chief Registrar’s Office of the Federal Court of Malaysia (CRO) is aimed at mitigating issues surrounding the property auction process, particularly when it comes to syndicates.

KUALA LUMPUR (Nov 2): Malaysia has secured Chinese construction expertise and financing for the proposed East Coast Rail Link (ECRL), estimated to cost RM55 million, during Prime Minister Datuk Seri Najib Razak’s week-long official visit to the republic which began yesterday.