MRCB gets RM7.5b management contract for Kwasa Damansara job

KUALA LUMPUR (March 23): The joint-venture (JV) company between Malaysian Resources Corp Bhd (MRCB) and the Employees Provident Fund (EPF), which is undertaking the town centre development of the massive Kwasa Damansara township in Sungai Buloh, has appointed MRCB’s wholly-owned MRCB Land Sdn Bhd as the project’s management contractor for a provisional sum of RM7.

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Govt to amend hereditary land law

PETALING JAYA (March 22): The government has proposed to amend the Small Estates (Distribution) Act 1955 (Act 98) to enable the distribution of hereditary land without inheritance agreements, instead allowing the land administrator to decide according to the “majority rule” method, reported Bernama.

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Hong Kong to introduce flats with fireproof shelters on each floor

PETALING JAYA (March 20): New private housing estates featuring fireproof shelters on each floor will hit the Hong Kong (pictured) market from the second half of this year as a means of protecting elderly and disabled residents who cannot flee the flames on time, reported the South China Morning Post.

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