Paragon inks MOU with Solarvest to develop green industrial township in JB
The property developer said the project, located on 141 acres of industrial land in Desa Cemerlang, will upon completion be expected to yield 12.
The property developer said the project, located on 141 acres of industrial land in Desa Cemerlang, will upon completion be expected to yield 12.
"The first nine months of 2023 recorded among the highest numbers in transactions countrywide for the same period since 2011/2012’s peak point, indicating a sustained market momentum from 2022.
MRT Corp is currently focusing on the land acquisition process, which involves over 1,000 lots of land, the majority of which are private lots.
Last Friday, IJM Construction confirmed that it has teamed up with Berjaya Land Bhd’s 70%-owned subsidiary Berjaya Rail Sdn Bhd, Malaysian Resources Corp Bhd (MRCB) and national railway company Keretapi Tanah Melayu Bhd to bid for the project.
The five plots of land are located some 15km from Kuching City Centre.
Sources said other technical members of the consortium include Japan’s Hitachi Rail STS, which specialises in providing signalling systems, Hyundai Rotem Co, a South Korean company that manufactures rolling stock, and German rail operator Deutsche Bahn AG’s unit DB Engineering & Consulting GmbH.
During the opening ceremony of the new co-working space on Friday, WORQ revealed that the new space will be fully occupied by Datacom Systems (Asia) Sdn Bhd, a New Zealand-based IT service company and WithSecure Sdn Bhd, a Helsinki-based IT security company.
Notably, BLand shares touched a three-year high, surging as much as 9.
The consortium led by BRail submitted the request for information (RFI) concept proposal for the project shortly before the submission deadline, according to sources.