News by M

Malaysian Resources Corporation Bhd (KL:MRCB) has signed a joint venture memorandum of understanding (MOU) with Saudi Arabia’s RUA AlHaram AlMakki Company to explore collaborative opportunities within the King Salman Gate development in Makkah, Saudi Arabia.

The Kuala Lumpur City Hall (DBKL) and Addis Ababa City Hall on Wednesday strengthened ties between the two capitals through the exchange of a collaboration document, providing strategic value to both parties.

The collapse of a temporary construction structure of the East Coast Rail Link (ECRL) project on the Middle Ring Road 2 (MRR2) in Batu Caves on Tuesday is believed to have been caused by a collision with the boom of a skylift used for paint thickness inspection.

Haily Group Bhd (KL:HAILY) has secured two construction contracts worth a combined RM80.3 million for residential projects in Taman Bestari Perdana, Plentong, Johor Bahru.

Ibraco Bhd (KL:IBRACO) is disposing of approximately 4.2 acres of vacant land in Kuching, Sarawak for RM35.4 million, in a move aimed at unlocking the land’s value and supporting the expansion of private healthcare services in Sarawak.

Chin Hin Group Property Bhd (KL:CHGP) has unveiled Phase 3 of its Botanica Hills township in Templer, which is located next to the Rawang Bypass.

Modern industrial investment favours places that operate as functioning systems rather than loose collections of factories, says a real estate veteran.

Malton Bhd has won the FIABCI Malaysia Property Award 2025 for its outstanding Commercial Master Plan, adding to its recent local and international wins, including the World Gold Award (Retail) for Pavilion Bukit Jalil.

Data centres in Selangor and Johor consumed a fraction of the water they requested last year, with the government saying revenue from the centres is sufficient to safeguard the water supply system.

Cyberjaya was rated gold under the newly introduced Smart Township 2025 Certificate of Recognition, becoming the first city in Malaysia to receive the honour.