Former Mudajaya employee appeals court order to pay group RM43.6m
The group had also filed an appeal against part of the court's decision, said Mudajaya, without giving further details.
MRT Corp's accumulated losses hit RM57.6b while MRT1, MRT2 fail to meet ridership, frequency targets — AG's Report
MRT1, also known as the Kajang Line, saw the average daily passenger rate range from 10.
Issuance of strata titles with vacant possession failed due to lack of coordination between ministry, govt agencies — AG's Report
The audit, which was carried out on the application and issuance of strata titles and strata management by the Commissioner of Building between 2020 to 2022, found that there were 419 schemes out of 3,049 schemes in the Federal Territories that still had not received their strata titles, which give house buyers full legal ownership of their properties, even though vacant possession had been issued.
PAC flags dubious property deals by HRD Corp
The PAC report also revealed that HRD Corp had paid a 50% deposit, or RM120 million, for the purchase of Menara Ikhlas in Putrajaya, worth RM202.
Analysts keep 'neutral' call on WCT, cite REIT plan to unlock asset value
Notably, WCT recently secured an external job consisting of a RM249.
River of Life fails to meet objectives after 13 years and nearly RM4 bil spent
Auditor General’s Report on Federal Agencies' Activities 2024 also stated that none of the programme’s objectives have been fully achieved, particularly improving river water quality to Class IIB to be suitable for recreational purposes.
Feasibility study for Trans Borneo Railway project to begin next month
In April, Brunergy Utama Sdn Bhd, a company based in Brunei, claimed that it would implement the US$70 billion (RM330 billion) project in two phases, involving a route spanning over 1,600 kilometres with trains capable of reaching speeds up to 350 km per hour.
Archidex grows with a bigger number of participants this year
Happening concurrently with Archidex is the Asean-China Ministerial Roundtable on Construction and Housing (ACMROCH) 2024 hosted by KPKT, and the DATUM Conferences.
Siab Holdings bags RM176m construction job in Penang
The 30-month projects entails the addition of seven units to the existing four of a two-storey heritage building, and the conversion of two units from residential to commercial, as well as the construction of a 29-storey serviced apartment building in George Town, Penang.
Naim Holdings’ unit to dispose of Samarahan land for RM223.38m
Naim Holdings said the disposal is part of its commitment to ensure long-term sustainability in its business operations in a tight property market dominated by substantial unsold properties.
