IJM Corp to acquire 45% stake in Pestech International for RM124m
The integration of Pestech’s capabilities in railway signalling and electrification also complements IJM’s diversified value chain portfolio, said IJM.
Tex Cycle to sell property in Jalan Kuchai Lama for RM29 mil
ACE Market-listed Tex Cycle Technology (M) Bhd is disposing of a three-storey detached industrial building constructed on a piece of leasehold land measuring 4,823 sq m in Jalan Kuchai Lama, for RM29 million.
Vestland clinches RM93m contract to build apartments in Shah Alam
The group said that via its wholly-owned unit Vestland Resources Sdn Bhd, it has secured the contract from its recurring customer Mercu Majuniaga Sdn Bhd.
Former Khazanah senior adviser and director Lim Tuang Ooi joins IOI board
IOI Corp Bhd has appointed former Khazanah Nasional Bhd senior adviser and director Lim Tuang Ooi as its new independent and non-executive director.
Mah Sing to undertake RM500 mil mixed residential development in Kepong
Property developer Mah Sing Group Bhd will be developing a mixed residential development named M Zenya in Kepong with a total estimated gross development value (GDV) of about RM500 million.
AmanahRaya REIT to sell Holiday Villa Resort Hotel in Langkawi for RM145 mil
AmanahRaya Real Estate Investment Trust (REIT) is planning to dispose of Holiday Villa Beach Resort & Hotel Spa in Langkawi, Kedah for RM145 million, cash, to trim its borrowings.
Power Root buys JB land for RM25 mil
Power Root Bhd is buying 116 parcels of freehold residential land, totalling about 771,949 sq ft in Johor Bahru, Johor, for RM25 million in cash.
Rapid Synergy to sell property in Ipoh for RM25m
The property, which is located at Giant Hypermarket Bercham, has a net book value of RM23.09 million.
Govt cuts property tax by 25% for affordable homeowners in Kuala Lumpur, introduces 'Madani Neighbourhood' initiative
This is to reduce the burden of living cost for the B40 and M40 income groups in the city.
TCS and developer mutually terminate construction contract to build condo because of higher building material cost
Due to higher construction material prices, TCS Group Holdings Bhd has scrapped its plan to develop a condominium project, known as Arcadia, in Kuala Langat, Selangor.
