News by M

Property developer LBS Bina Group Bhd (KL:LBS) said on Thursday that it has unbilled sales of RM1.71 billion as at end-May, which will be recognised in the upcoming years.

Solarvest Holdings Bhd (KL:SLVEST) is buying four levels of office space with 200 parking bays and a rooftop retail unit in the Solarvest Tower, which is currently under construction, from Chin Hin Group Property Bhd (KL:CHGP).

Avaland Bhd (KL:AVALAND) officially launched its latest high-rise residential development, Aetas Seputeh, on Thursday in Seputeh, Kuala Lumpur.

The Master Builders Association Malaysia (MBAM) and Persatuan Kontraktor Bumiputera Malaysia (PKBM) have appealed to the federal government to include vehicles transporting building materials and cranes in the list of transportation eligible for diesel subsidies.

Property developer YNH Property Bhd (KL:YNHPROP) has appointed UHY as a special independent reviewer to assess certain joint venture (JV) and turnkey contracts entered into by its unit, Kar Sin Bhd.

A lawyer who was detained by the Malaysian Anti-Corruption Commission (MACC) last week has come out to say that the graft buster did not tell him that he was being investigated for embezzlement and abuse of power.

Tycoon Tan Sri Desmond Lim Siew Choon has trimmed his stake in Malton Bhd (KL:MALTON), a day after the counter charted a new 30-month high.

Noteworthy:

• Leasehold
• Built-up size: 3,861 sq ft
• Land size: 2,835 sq ft
• 4 bedrooms, 5 bathrooms
• Semi-furnished
• Nearby amenities: Damansara Specialist Hospital 2, Thomson Hospital Kota Damansara, PJ Trade Centre, Empire City Mall, 1 Utama Shopping Centre, The Curve, Kota Damansara Community Forest Reserve
• Accessibility: NKVE, North-South Expressway, LDP, MRR2, DASH

When: March 2024

Construction progress of the Rapid Transit System (RTS) Link project between Johor Bahru and Singapore has reached 77.61% as of May 31, according to Mass Rapid Transit Corp Sdn Bhd (MRT Corp).

Seri Pajam Development Sdn Bhd’s wholly owned subsidiary SPD Tech Valley Sdn Bhd has inked a memorandum of understanding (MOU) with CIMB Bank Bhd and CIMB Islamic Bank Bhd on May 20, to provide comprehensive financial solutions to investors establishing operations in SPD Tech Valley Industrial Park in Senawang, Negeri Sembilan.