News by theedgemalaysia.com

Johor-Singapore Special Economic Zone (JS-SEZ) will cover an area governed by six local authorities in Iskandar Malaysia and Pengerang, according to the Ministry of Finance.

Varia Bhd (KL:VARIA) has secured a contract worth RM571.8 million from the Social Security Organisation (Socso) to build a rehabilitation centre in Setiu, Terengganu.

AME Real Estate Investment Trust's (KL:AMEREIT) proposed acquisition of four single-storey detached factories in Johor for RM119.45 million has been deemed fair and reasonable, according to independent adviser MainStreet Adviser Sdn Bhd.

The Malaysia My Second Home (MM2H) programme, under the updated criteria, has recorded 34 approved applications, representing 13.7% of the total 249 applications as of Oct 14.

NCT Group of Companies, via its subsidiary NCT Land Sdn Bhd, has partnered with the Selangor Information Technology and Digital Economy Corp (Sidec) to digitalise and support growth of the 732-acre (296.23-hectare) NCT Smart Industrial Park (NSIP) in Sepang, Selangor.

Lim Seong Hai Capital Bhd (KL:LSH) and Besteel Engtech Sdn Bhd (BESB) have delivered their maiden joint-venture high-rise residential project named Laman Seri Harmoni (LSH33) in Sentul, Kuala Lumpur. Vacant possession of the project was delivered 33 days ahead of schedule on Sept 12.

Aizo Group Bhd (KL:AIZO) has inked a memorandum of understanding (MOU) with NetRunner Sdn Bhd to jointly establish a Tier 4 data centre hub in Sarawak, to meet the increasing demand for secure and reliable data storage and processing facilities.

Construction outfit Fajarbaru Builder Group Bhd (KL:FAJAR), which in April clinched a deal to build apartments under the first phase of WCT Holdings Bhd's (KL:WCT) AdisonWest development in Johor Bahru, has now been awarded the contract for the second phase.

Electrical and mechanical engineering firm LFE Corp Bhd (KL:LFECORP) has secured a subcontract worth RM38.8 million at the hyperscale data centre being developed in Elmina Business Park in Sungai Buloh.

Econpile Holdings Bhd (KL:ECONBHD) said it has been awarded a RM35.11 million contract to undertake bored piling, earthworks, and retaining wall and sub-structure works for an apartment project in Kuala Lumpur.