IJM Land, Progressture Solar sign pact for 'solarised' townships, floating solar farm
The partnership also includes the development of a 15MW floating solar farm spanning 37.5 acres (15.2 hectares) at IJM Rimbayu.
Gamuda, Singapore's QIP form £100m UK student housing JV
The completion of the equity funding will see QIP, alongside UK-based co-developer Hurlington Capital, develop a new 299-bed purpose-built student accommodation in Woolwich, London.
Malaysia’s economy recovering at a healthy rate, allows cautious optimism for property market
Experts taking part in a panel session at PropNex Malaysia's Xpo 2024 are cautiously optimistic about the local property market.
Tropicana unveils plans of two mega townships worth over RM30b in Johor
Tropicana Corporation Bhd is set to capitalise on its 2,000-acre land bank after it unveiled its plans to develop two mega townships in Johor with a combined gross development value (GDV) exceeding RM30 billion.
RHB IB keeps 'overweight' calls on property, construction, tech, healthcare, oil and gas, utilities sectors
RHB Investment Bank (RHB IB) maintained its “overweight” calls on the property, construction, technology, healthcare, transport, oil and gas (O&G), utilities and rubber products sectors.
Ekovest pays for adviser's services using PLS shares
Ekovest Bhd (KL:EKOVEST), the controlling shareholder of PLS Plantations Bhd (KL:PLS), has transferred some PLS shares to an adviser to pay for services rendered in relation to a corporate proposal that Ekovest undertook previously.
Former Mudajaya employee appeals court order to pay group RM43.6m
Mudajaya Group Bhd (KL:MUDAJYA) said its former employee Michael Chua Khian Keng has filed an appeal to challenge the High Court’s decision in the civil suit brought against him by the group.
MRT Corp's accumulated losses hit RM57.6b while MRT1, MRT2 fail to meet ridership, frequency targets — AG's Report
The Mass Rapid Transit Line 1 (MRT1) and MRT2 have failed to meet their targets for daily ridership. They also failed to meet the targeted numbers of trains in operation, and peak-hour frequency, according to the 2024 Auditor General's Report.
Issuance of strata titles with vacant possession failed due to lack of coordination between ministry, govt agencies — AG's Report
The government has failed to implement the simultaneous issuance of vacant possession with strata titles (VPST), as there was no coordination between the Ministry of Housing and Local Government (KPKT) and other government agencies to fulfill the implementation of the policy, according to the Auditor General’s (AG) Report 2024.
PAC flags dubious property deals by HRD Corp
The Public Accounts Committee (PAC) flagged that the Human Resource Development Corp (HRD Corp) had engaged in several dubious property deals, including the purchase of a RM154 million building, without the approval of its board.
