News by M

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The development of the Johor-Singapore Special Economic Zone (JS-SEZ) is now one of Johor state government’s main pillars to address the issue of brain drain.

Hektar Real Estate Investment Trust (Hektar REIT) yesterday formally completed the acquisition and lease of two parcels of leasehold land in Alor Gajah, Melaka from KYS College Sdn Bhd, with the final tranche — Lot No 9807 measuring 6.3 acres.

Master Tec Group Bhd's wholly-owned subsidiary Master Tec Wire & Cable Sdn Bhd (MTWC) has completed the acquisition of a 42.59-acre freehold land in Jasin, Melaka, following the full payment of the balance purchase consideration to the 25 individual vendors yesterday.

Zelan Bhd's wholly-owned subsidiary Zelan Holdings (M) Sdn Bhd (ZHSB) has entered into a debt settlement agreement with MMC Engineering Sdn Bhd to settle outstanding debts of RM5,219,415.21 via the transfer of two office units at Wisma Zelan in Bandar Tun Razak, Kuala Lumpur.

The series of technical negotiations between Malaysia and Singapore to coordinate the standard operating procedures (SOPs) for the co-located facilities at the Bukit Chagar Customs, Immigration and Quarantine (CIQ) Complex for the Johor Bahru-Singapore Rapid Transit System (RTS) Link project is ongoing and progressing smoothly.

KJTS Group Bhd (KL:KJTS) said on Friday that it has signed an agreement to let its joint venture take over a contract involving works for eight retail malls.

The Housing and Local Government Ministry (KPKT) is studying the introduction of an Option to Purchase (OTP) clause under the proposed Real Property Development Bill to help reduce sick, delayed and abandoned housing projects.

Premier lifestyle property developer Eastern & Oriental Bhd (E&O) has completed The Meg, its first development within the Andaman Island township, marking a milestone in the group’s vision for sustainable waterfront living in Penang.

PropNex Malaysia has been officially recognised for setting both an Asean and Asia record for organising the Largest Paid Real Estate Sales Masterclass Featuring a Millionaire Trainer Panel, achieved through its flagship training programme, Advance Sales Techniques (AST) — Millionaire Mastery.