Paramount Corp reviewing plans to manage growing cash pile, decision by mid-2025, says group CEO
The shift could free up cash as fewer funds are being channelled back to its property development activities, Chew said.
WCT gets nod from SC for Paradigm REIT listing
The initial property portfolio includes the Bukit Tinggi Shopping Centre, which will be acquired from Gemilang Waras Sdn Bhd, a wholly-owned unit of WCT, for RM680 million, with RM350 million settled in units and RM330 million in cash.
UEM Edgenta secures RM40.4m traffic management contract from chairman-linked company
Under the contract, EPB is to provide traffic management plan and control services for sections one and two of the Kuala Lumpur-Karak Highway for four years, starting Monday until March 2, 2029.
Which PJ hot spots have the highest transacted home prices?
Find out the y-o-y median transacted price movements of four of PJ’s most popular locales as of Oct 31, 2024 — based on EdgeProp Research and EPIQ platform.
Perak wants Kerian Integrated Green Industrial Park completed by 2028, says MB
Menteri Besar Datuk Seri Saarani Mohamad said this while acknowledging several challenges facing the implementation of the project, particularly the need to reclaim swampy land in the area.
EcoWorld announces build & lease data centres as part of recurring income strategy
EcoWorld’s steady accumulation of recurring income receives boost from rental agreement with Google affiliate, Pearl Computing.
MRCB wins RM2.47b LRT3 reinstatement project, sees earnings contract in FY2024
The scope of work includes the construction of five reinstated stations along the LRT3 line, the construction of two electric vehicle bus depots in Shah Alam and Johan Setia, the supply of light rail vehicles as well as construction-related infrastructure and system works.
How Urban Renewal Act proposals contravene Federal Constitution
Our concerns regarding the proposed URA are well founded and highlight critical legal and constitutional issues.
Zaliha: Govt studying city congestion charge, report expected by year end
A congestion charge is a fee imposed on vehicles entering certain busy areas, usually city centres, to reduce traffic congestion and encourage public transport use.
LRT3 nearing 99% completion, to begin operations on Sept 30 — Loke
Transport Minister Anthony Loke stated that the trial run without passengers will be conducted in two phases to ensure the safety of the LRT3 service.
