News by theedgemarkets.com

In a bourse filing on Wednesday (April 20), Vizione said Permata Rebana & Vizione Holdings JV Sdn Bhd (PRVH) has accepted a letter of award from Perkeso for the proposed project, which  comprises 11 blocks. They include a gallery centre, neuro robotics, a cybernetics and physical rehabilitation centre, a vocational rehabilitation centre, a treatment centre, rehabilitation wards, hostel, aquatic rehabilitation centre, an administration centre with rooms, a graduation hall, as well as commercial space.

In a statement on Friday (April 15), the MBAM said the rise in material prices, induced by the pandemic as well as rise of material and energy costs, has negatively impacted contractors handling both government and private projects.

In a Bursa Malaysia filing on Friday (April 15), the construction engineering company said its wholly-owned subsidiary Econpile (M) Sdn Bhd received the award for the project from CJ Energy Solutions Sdn Bhd.

The research house said in a note that it came back from AEON Co’s virtual meeting with a sense of optimism about the group’s outlook premised on its cost-structuring strategies to improve its bottom line and maintain prices of items, personalisation of customer experience, a recovery in sales in the southern region which was affected due to border closures, and an improvement in occupancy rates.

Country Garden Danga Bay said in a statement it will "compensate house owners" for late delivery of vacant possession after the Federal Court decided not to grant the company permission to appeal against the purchasers’ claims.

During the event, Trinity Group Sdn Bhd founder and managing director Datuk Neoh Soo Keat said: “The recovering economy will help drive the property market, thus we remain optimistic that there will be demand for the second phase. We aim to redefine and reimagine urban living as well as to deliver value to the property industry by being relevant and in tune with the needs of the market. Our latest development, Trinity Wellnessa, is a project that we are proud of as it is the first of its kind in many ways.”

Sunway Malls & Theme Parks chief executive officer HC Chan said the collaboration aims to leverage each other's strengths and strong presence in a range of industries including aviation, property, education, medical tourism and hospitality.

Chief Justice Tun Tengku Maimun Tuan Mat ruled that the developer did not pass the threshold set under Section 96 of the Courts of Judicature Act 1964 for the court to grant leave (permission) to hear merits of the case.

MRA said in a statement that spiralling inflation will result from the drastic increase in labour costs, and this is going to lead to a lower standard of living for the average consumer.

At a press conference in conjunction with the annual general meeting here on Tuesday (April 12), Md Shah Mahmood said: "I hope it will be a good year, but I do not think it (business) will reach pre-pandemic levels.