Hiap Huat Holdings Bhd’s wholly owned subsidiary, Relgnite Energy Sdn Bhd, has acquired an industrial property in Kemaman, Terengganu, for RM9.5 million from Paka Petroleum Sdn Bhd (in receivership), which is currently under the control of receivers and managers.
To achieve a first-class standard of strata management, our country needs clear and consistent policies, strong implementation, and commitment from both the government and industry players, an expert said at the “Strata Conference 2025: Towards First-Class Strata Management” event.
Developers which are not keeping up with the latest digital and technology enablements are losing out in their marketing approach to the younger generation, which forms the largest section in Malaysia’s population today.
Some owners wait up to 20 years for their strata titles, affecting their rights as property owners, said a government officer.
Setia Foundation, the charity arm of S P Setia Bhd, successfully concluded its “Sincerely, Setia Youth Engagement” (SSYE) initiative with a Casio Workshop and closing ceremony on May 8, 2025 at the Technical and Vocational Education and Training (TVET) Hall of Kolej Vokasional Beaufort, Sabah.
Oriental Kopi Holdings Bhd’s wholly owned subsidiary, Oriental Coffee International Sdn Bhd, plans to buy a piece of leasehold land with a factory lot in Puchong, Selangor, for RM23 million.
Positioned just minutes from George Town’s central business district, G’Vinton connects residents to the heart of Penang.
Noteworthy:
When: January 2025
The International Green Build Conference (IGBC) 2025 will see over 800 participants from various government sectors, industry players, academics, and representatives from more than 25 local authorities. This will be the largest IGBC held since the event’s inception in 2019.
The tension between the great powers, China and the US, has caused some jitters in the global market, but it has also inadvertently benefitted some countries in Southeast Asia, as multinational companies flee from the two contending countries to seek more stable land sets as their new business centres in the region.
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