Seremban Engineering sued over payments for subcontract works
Seremban Engineering Bhd (SEB) said it is being sued by construction firm See Yong & Son Construction Sdn Bhd (SYS) over payments for subcontract works.
UOA Development embarks on F&B business venture with RM21.2m start-up cost
Property developer UOA Development Bhd has proposed to venture into the food & beverages (F&B) business.
Seremban Engineering enters JV with NS Corp to develop Jetty Arang land
Seremban Engineering Bhd and Negeri Sembilan's investment arm NS Corp have entered into a joint venture agreement for the proposed development of three parcels of concession land, which includes the Jetty Arang, that cumulatively measure 26.381 acres in Port Dickson, Negeri Sembilan.
BIG Industries seeks to sell Johor land for RM4.5 mil cash
BIG Industries Bhd has entered into a sale and purchase agreement (SPA) with SJ Holdings Sdn Bhd for the proposed disposal of a piece of land in Johor for RM4.5 million cash.
Govt extends stamp duty exemption for first-time homebuyers — MOF
The government will extend the stamp duty exemption given to first-time homebuyers, according to the Ministry of Finance (MOF).
Bina Puri said restraining order sought due to lacklustre construction activities
Bina Puri Holdings Bhd said its wholly-owned subsidiary Bina Puri Sdn Bhd (BPSB) had applied for a restraining order due to lacklustre construction activities and the sluggish property market climate brought on by severe disruption of the overall operating environment that rose from the implementation of the movement control order (MCO).
IOI Properties reappoints Lee Yeow Seng as CEO
IOI Properties Group Bhd has redesignated Lee Yeow Seng as its chief executive officer, effective from July 1.
Radium to be sustained by RM3.4b GDV projects for five years, proposes one sen dividend for 2QFY2023
Newly listed Radium Development Bhd said the company has sustained land bank and projects amounting to RM3.4 billion in gross development value (GDV) in the next five years.
CBRE: Capitalisation rates, investment activity in real estate expected to rise in 2H
Capitalisation rates (cap rates) of commercial properties across the Asia-Pacific region are likely to continue rising for the rest of the year, with higher borrowing costs and economic uncertainty expected to push rates up by between 75 basis points (bps) and 150bps within the next six months, according to a survey by international commercial real estate services firm CBRE.
Impiana looking to buy 70% of SOULed OUT operator
Impiana Hotels Bhd has proposed to acquire a 70% equity interest in Cafelink (M) Sdn Bhd in its bid to expand its food and beverages (F&B) footprint outside of the group’s existing F&B business offerings.
