News by M

During the suspension period, executive deputy chairman Datuk Paduka Ammar Shaikh Mahmood Naim will assume full authority over the company's operational and managerial matters,

Kerjaya Prospek Group Bhd (KL:KERJAYA) said on Monday that it has secured a contract worth RM291.43 million for construction works in Pulau Andaman, Penang.

Incremental housing may sound affordable, but it doesn’t work in high-rises, says National Housing Department director-general Datuk Jayaselan K Navaratnam, urging policymakers to rethink land use and long-term value in urban planning.

The Housing and Local Government Ministry (KPKT) has blacklisted 109 developers because of non-compliance with regulatory requirements.

The construction sector is likely to be less impacted by the US tariffs due to its focus on the domestic market, but industrial job flows may slow temporarily as companies adjust their strategies, analysts said.

Ho Hup Construction Co Bhd (KL:HOHUP) said its subsidiary has been ordered to pay a contractor RM7.37 million in an adjudication decision involving a dispute over payment claims.

Property developer Radium Development Bhd (KL:RADIUM) has announced its entry into the healthcare sector with plans to operate a 140-bed hospital in Melaka.

Residents of Karpal Singh Drive in Georgetown, Penang, have called on the state government to halt a proposed 70-acre coastal reclamation project, part of the Jelutong landfill rehabilitation, citing concerns over its impact on marine ecosystems, particularly the Middle Bank.

Loss-making Iskandar Waterfront City Bhd (KL:IWCITY) said it has been given a six-month extension until Sept 23 to submit its regularisation plan.

Ho Hup Construction Company Bhd (KL:HOHUP) on Thursday said its subsidiary, Ho Hup Jaya Sdn Bhd, is offloading two floors in Ho Hup Tower to its substantial shareholder Insas Bhd, for RM13 million, with the proceeds to be used to repay borrowings and for general working capital.