MBAM expected a more uplifting Budget 2024 for construction sector
“In order to pump prime the revival of the Malaysian construction industry, the MBAM appeals to the government to provide more assistance for the construction industry to revive and sustain the construction sector.
Propel Global to acquire land in Pahang for RM14.7 mil for proposed commercial development
The construction firm said its wholly-owned subsidiary Propel Global Development Sdn Bhd has inked agreements with the vendor, Goldhill Deluxe Sdn Bhd, to purchase a 14,442 sq m parcel for RM13.
HIL Industries to buy property firm for RM46 mil in related party deal
The moulded plastic products maker and property developer said it is acquiring Broadwise Corporation Sdn Bhd (BCSB) via its wholly owned subsidiary, Amverton Prop Sdn Bhd, for RM46 million.
Works minister urges construction sector to embrace technology disruption
Works Minister Datuk Sri Alexander Nanta Linggi: Embracing these trends and technologies will not only lead to more efficient and cost-effective construction processes, but also contribute to a more environmentally responsible and resilient built environment.
Battersea Power Station to see office space expansion in 2023
Battersea Power Station’s existing 565,000 sq ft of office space has been occupied by Apple, SharkNinja and The Engine Room — a coworking space by IWG.
Local Govt Ministry sets two-year deadline for operators to submit applications for existing EV charging bays
Minister of Local Government Development Nga Kor Ming said the programme aims to ensure that CPOs adhere to the planning and fire safety guidelines provided by PLANMalaysia and the Malaysian Fire and Rescue Department (JBPM).
LRT3 on track to be completed by March 2025, says RHB Research
As of end 3Q2023, line-wide progress of the LRT3 construction stood at 86.
PJ City Council gets leave to appeal over resident payments in residential areas
The Parkville RA filed the judicial review through its chairman, seeking a declaration that the RA is entitled to impose a rule that non-paying owners and residents or non-members of the association in the residential area would operate the boom gates themselves without the assistance of the security guards.
WORQ targets to achieve RM40 mil in Series B fundraising for space expansion
WORQ said the funding raised will be fully utilised for space expansion and that WORQ is currently on track to double its space under management by end-2023 and aims to triple that space to 450,000 sq ft by 2025.