News by M

Sunsuria Bhd (KL:SUNSURIA) said it is acquiring a 20% stake in property developer KL City Gateway Sdn Bhd (KLCG) for RM10.47 million, and will inject about RM40 million in shareholder advances to the company.

Gamuda Land, the property arm of Gamuda Bhd (KL:GAMUDA), and Taylor's Education Group have collaborated to establish affordable international schools within Gamuda Land's townships.

Sunway Property, the real estate arm of Sunway Bhd (KL:SUNWAY), achieved RM42 million in sales at a pre-launch event for upcoming townhouses named Sunway Bayu in Sunway City Ipoh, Perak.

Sime Darby Property (KL:SIMEPROP) will launch its latest condominium development named Kanopi Residences in its 6.5-acre City of Elmina township in Shah Alam on Nov 23.

Meta Bright Group Bhd (KL:MBRIGHT), a diversified Main-Market listed company, has secured a RM60 million contract to supply ready-mixed concrete for the 88 Avenue mixed-development project in Kota Kinabalu, Sabah.

KIP Real Estate Investment Trust (KL:KIPREIT) has acquired a 1.15-acre, or 4,663 sq m, property in Gerik, Perak for RM14.8 million.

The Construction Industry Development Board (CIDB) yesterday made the decision to retract the Quality Guidebook for Homeowners, effective immediately.

Beverly Group has entered into a partnership with car park access control solutions provider Parktech Solutions Sdn Bhd to implement an automated car parking system (ACPS) at Milla Residence, Quartz Wangsa Maju.

The construction of waste-to-energy (WtE) plants offer a sustainable solution to the growing shortage of sanitary landfill sites, and the escalating volume of waste generated each year, said Housing and Local Government Minister, Nga Kor Ming.

LBS Bina Group Bhd (KL:LBS) said it it looking into developing a 10-gigawatt (GW) green hydrogen plant in Kota Marudu, Sabah jointly with the Sabah Forestry Development Authority (Safoda) and two other companies.