Gamuda Bhd has allocated RM2 billion for investment in renewable energy (RE) businesses over the next five financial years in its bid to tap growing demand for this segment moving forward, said group managing director Datuk Lin Yun Ling.
Gamuda Bhd's planned 30% stake acquisition in ERS Energy Sdn Bhd for RM200 million via the subscription of shares is expected to help the group hasten its target of having an 800 MW renewable energy (RE) asset portfolio in the next few years, making it Malaysia's largest private RE producer.
Scientex Bhd's net profit for the first quarter ended Oct 31, 2022 (1QFY2023) rose 4.2% year-on-year to RM107.18 million from RM102.87 million, on the back of an 11% rise in revenue.
Transport Minister Anthony Loke said another 18 train sets that are undergoing various maintenance programmes will be added to the Kelana Jaya line by 3Q23, and shorten the train interval time to three minutes.
FiveStar is seeking the payment of RM12.98 million in unpaid sums due and owed by Jiankun’s unit JKI Development Sdn Bhd pursuant to a joint venture agreement (JVA) dated July 28, 2015, and a supplementary JVA dated Oct 5, 2016.
Temu comprises 70 units of two- and three-storey shop offices offering built-ups ranging from 3,074 sq ft to 7,753 sq ft.
The project, part of flood mitigation project allocations amounting to RM15 billion, is believed to be awarded through direct negotiations.
"For projects that are already started, we have no issues to continue with them in general."
Genting Malaysia’s total investment in Empire Resorts includes an indirect ownership of 49% common stock, 100% of Series G and Series L preferred stocks.
The acquisitions, the Islamic REIT's first after its listing in September, would boost its total asset value by 12.8% to RM644.1 million.
The only property app you need. More than 200,000
sale/rent listings and daily property news.
