News about myedgeprop

The Johor-based property developer recorded a net profit of RM536.

The former operator of KL Tower — Menara Kuala Lumpur Sdn Bhd — and its parent Hydroshoppe Sdn Bhd are alleging contractual breaches and misconduct that led to the award of the concession to LSH Service Master.

The recent Park Regent unit sold at RM2,771.

Finance Minister II Datuk Seri Amir Hamzah Azizan said 310 units will run on diesel and be the last batch to use that type of engine, while the rest will be electric vehicle (EV) buses.

“The principles of land valuation, compensation calculations, and the legal framework governing land acquisition must be reviewed to reflect current market trends,” said Prof Dr Ismail Omar in the forum.

Works Minister Datuk Seri Alexander Nanta Linggi said the 50% toll discount applies specifically to Class 1 private vehicles at all toll plazas, except those at national border checkpoints, namely the Bangunan Sultan Iskandar (BSI) Toll Plaza on the North-South Expressway (PLUS), and the Tanjung Kupang Toll Plaza on the Malaysia-Singapore Second Link Expressway (Linkedua).

Vun was the former MD and shareholder of FTEC Resources Bhd, which morphed into Tecasia Bhd and later Mangotone Bhd, before being delisted in 2010.

Deputy Housing and Local Government Minister Datuk Aiman Athirah Sabu said 82 of the sick projects had obtained their Certificate of Completion and Compliance (CCC), while seven had resumed smooth progress.

Following this latest project win, Bintai Kinden’s unbilled order book has increased to RM132.

According to its bourse filing, the contract is set for a duration of 37 months, with construction work scheduled to commence on April 29, 2025 and slated for completion by May 28, 2028.