News by M

Tropicana Corporation Bhd (Tropicana) has officially launched Skypark Kepler, a premium serviced apartment located within its Lido Waterfront Boulevard, a 163-acre, freehold, mixed development township in Johor.

Ecobuilt Holdings Bhd (KL:ECOHLDS) has decided to call off its proposed rights issue and proceed only with a share capital reduction.

Noteworthy:

• Freehold
• Built-up size: 8,877 sq ft
• Semi-furnished
• Nearby amenities: NU Empire, Subang Parade, Subang Ria Park, Sri Kuala Lumpur International School, INTI International University
• Accessibility: Federal Highway, LDP, NKVE, Subang-Kelana Jaya Link

When: December 2024

Data centres in Malaysia may see their electricity bills rise by up to 15% under the new power tariff structure, analysts said.

Stable gas supply have been restored through temporary piping to the Putra Heights houses affected by the April 1 gas pipeline fire, since Tuesday.

S P Setia Bhd’s latest commercial development Nadi (Phase 3A) was launched on June 22 and it recorded 70% take-up during the weekend event. Nadi is located at Setia EcoHill 2 in Semenyih.

Come September, the LRT3 will go live, linking new areas in Petaling Jaya, Shah Alam and Klang to the comprehensive Klang Valley urban rail network.

“Good…faster than before,” was how Prime Minister Datuk Seri Anwar Ibrahim described his ride on the newly upgraded KLIA aerotrain during a walkabout at Terminal 1 of the Kuala Lumpur International Airport (KLIA) on Tuesday.

Samaiden Group Bhd is buying about 185.57 hectares (458 acres) of leasehold land in Teluk Intan, Perak, for RM45.5 million as part of its plan to expand its solar farm projects.

Gamuda Bhd (KL:GAMUDA) climbed to its highest in nearly six months on Tuesday after the group announced it had secured a renewable energy (RE) project in Tasmania, Australia. Its share price rose 18 sen or 3.76% to RM4.97, valuing the company at RM28.68 billion.