The government has cancelled five of 12 outstanding 'River of Life' projects following a review, as they are deemed "less significant" towards achieving the programme’s objectives, said Minister at the Prime Minister’s Department (Federal Territories) Zaliha Mustafa.
The construction sector in Malaysia is set to achieve its strongest year since 2016, driven by a surge in project roll-outs from both the public and private sectors, analysts from RHB said.
The Ministry of Rural and Regional Development (KKDW) will either provide new homes or repair rural houses damaged by the recent floods, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.
Radium Development Bhd announced yesterday it has acquired 2.56-acre leasehold parcel for RM45 million in Bandar Ampang, Selangor, through its indirect wholly-owned subsidiary, Mayang Sepakat Sdn Bhd.
Tropicana Corp Bhd has soft launched Fraser Heights at Tropicana Uplands, Johor.
Malton Bhd (KL:MALTON) said it plans to raise up to RM19.47 million via a private placement of shares to third-party investors to fund its ongoing property development projects.
Noteworthy:
When: July 2024
She explained that these individuals were among 75 applicants who submitted Form N (a form filed to apply for an objection to be referred to court) under Section 38 of the Land Acquisition Act 1960 to challenge the compensation amount offered by JKPTG WPKL.
As at end-September, the group’s cash and bank balances totalled RM747.43 million, while borrowings stood at RM1.60 billion, according to its latest financial statements.
The contract was awarded by Exsim Bukit Jalil City Sdn Bhd to Binastra’s wholly owned subsidiary Binastra Builders Sdn Bhd.
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