e-Lelong System launch postponed
The launch event was initially scheduled for this afternoon at the Kuantan Court Complex in Pahang.
New addition to project pipeline makes Mapletree Industrial Trust all the more a better ‘buy’
OCBC Investment Research is maintaining its “buy” recommendation on Mapletree Industrial Trust (MIT) at a fair value of S$1.88 after the REIT’s recent announcement of its S$60 million (RM190 million) contract win for the development of a build-to-suit (BTS) data centre.
Majuperak appoints Rustam Apandi as new MD
Majuperak Holdings Bhd has appointed Rustam Apandi Jamaludin as managing director and group chief executive officer (CEO) effective from April 1, replacing Datuk Jamal Mohd Aris who resigned earlier this month.
Anzo unaware of reason for sharp rise in share price
Last Wednesday, Anzo announced that its wholly-owned construction arm, Harvest Court Construction Sdn Bhd, had received a letter of intent from Tinta Anggun Engineering Sdn Bhd for a RM109.3 million contract to build Phase 2 of the Porto De Melaka Hotel and Resort development in Melaka
TAHPS Group to launch RM100 mil GDV project in 4Q
TAHPS Group CEO Eugene Khoo said the project will be made up of 140 units of gated and landed houses on a 20.23ha plot of land.
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Malaysia shines at Asia Young Designer Award 2016
Malaysia’s representative Chai Min Li has emerged as the Platinum winner in the Interior Design category of the regional instalment of Nippon Paint’s Asia Young Designer Award (AYDA) 2016. She competed against participants from 14 other Asian countries to take home the US$1,000 (RM4,413) prize.
CapitaLand Mall Asia to manage mall at upcoming SingPost Centre
Under the contract, CapitaLand will oversee the pre-opening and retail management for the five-storey SingPost Centre mall, which has 269,000 sq ft of GFA (excluding carpark) and a net lettable area of about 175,000 sq ft.
MAHB, DRB-Hicom, LBS Bina, Genting Plantations seen gaining from DFTZ — CIMB Research
As for LBS Bina, it owns some 633 acres of land in Dengkil, which is less than 20km from KLIA.
KLCCP’s office segment expected to see mild dip in FY2017
Occupancy of Menara Exxon-Mobil is currently 60% (versus 100% in FY2016), after the Exxon-Mobil lease expired in January 2017.
SunCon off to a good start with job wins
Sunway Construction Group Bhd (SunCon) was awarded an RM152.4 million contract for the engineering, procurement, construction and commissioning of the gas district cooling plant 1 in Precinct 1, Putrajaya, involving both a chilled water supply system and power generation system. The job was awarded by the Putrajaya Group, and works will span from March 2017 to August 2018.
