Mudajaya secures RM41 mil contract to build condo in Kuching
The project, comprising 128 units at the Batu Kawah new township, is expected to be completed within 22 months.
Sunsuria buys 20% stake in Kg Sungai Baru developer for RM10 mil, to inject RM40 mil to kick-start development
Sunsuria said Phase 1 of the Kampung Sungai Baru land development, involving residential and serviced apartment, business suites, commercial and retail lots, has an estimated gross development value of RM2.
Bina Puri's associate wins RM46 mil in arbitration case against Prolintas
According to bourse filing, Bina Puri said it received the final award of the arbitral tribunal judgment on Nov 7, which ordered Prolintas to pay the sum with interest to Latar.
Delivery of vacant possession without occupancy rights is against public policy, court rules
Judge Datuk Ahmad Shahrir Salleh said between developers and purchasers, developers have an unequal advantage in bargaining power, and that delivering vacant possession of a property without allowing the purchasers the right to occupy the property is against public policy — even if the sales and purchase agreement (SPA) provides for such a move.
DONE DEAL: Shoplot, Kawasan 18, Klang, Selangor
DONE DEAL: Terrace house, Taman Puchong Perdana, Puchong, Selangor DONE DEAL: Condo unit, The Troika, Persiaran KLCC, Kuala Lumpur Kawasan 18 is a business hub in Klang, Selangor, with 57.
Seremban Engineering hit with RM25m counterclaim related to Bandar Enstek project
In a bourse filing on Tuesday, SEB said the counterclaim was filed by CN Eleco Engineering Sdn Bhd in a follow-up to the original suit filed by MIE Industrial Sdn Bhd, a majority shareholder of SEB with a 69.
Sarawak builder Hartanah Kenyalang files for ACE Market IPO
Hartanah Kenyalang is involved in construction services targeting institutional buildings such as schools and other public buildings, as well as infrastructure focusing on bridges and roads.
GuocoLand's 1Q net profit more than halves on lower revenue
The company said it will focus on the timely completion of its on-going development projects, monetisation of its inventories and prudent financial management to navigate the evolving market environment.
