Land & General Bhd (L&G) said its managing director Low Gay Teck will take up a 10% stake in a wholly-owned unit of the group which recently bought a piece of land in Bandar Puchong Jaya to develop serviced apartments.
SIAB Holdings Bhd and Yong Tai Bhd have mutually agreed in principle to terminate two condominium projects belonging to Yong Tai on Jalan U-Thant here, and in Melaka, with a combined outstanding contract value of RM190.48 million.
Comintel’s wholly-owned subsidiary, Binastra Builders Sdn Bhd on March 31 accepted the Letter of Award from Exsim Bukit Jalil City Sdn Bhd for the project.
Neighbourhood mall the Curve in Petaling Jaya, under Boustead Holdings Bhd, has recovered with 40 new leases and an occupancy rate of 92% in 2022.
Construction of the West Coast Expressway (WCE) was at 84.19% completion as of Jan 15, according to Works Minister Datuk Seri Alexander Nanta Linggi.
The ECRL project, spanning 665km and comprising 59 tunnels, includes construction works in four states, namely Kelantan, Terengganu, Pahang and Selangor, and is designed to be flood-free.
Crescendo Corp Bhd has reported a net loss of RM3.63 million for the fourth quarter ended Jan 31, 2023 (4QFY2023), compared to a net profit of RM4.55 million a year earlier, due to lower sales of properties.
Knusford Bhd is disposing of a freehold property in Semenyih for RM11.9 million cash, proceeds of which will be used for working capital.
PTT Synergy Group Bhd (formerly Grand Hoover Bhd) is acquiring construction firm Pembinaan Tetap Teguh Sdn Bhd (PTTSB) from its major shareholders and directors for RM152 million, to grow its construction business.
Vizione Holdings Bhd has revoked its agreement to acquire property development company Midlands City Sdn Bhd for RM38 million from its managing director and others.
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