News by theedgemarkets.com

OCBC Malaysia is the sole sustainability structuring adviser for Gamuda’s maiden ESG-linked holistic financing solution totalling up to RM550 million.

The research house said three diversified contractors, namely Gamuda Bhd, IJM Corp Bhd and Malaysia Resources Corp Bhd (MRCB), are of the collective view that the MRT3 project would proceed.  

The construction firm’s wholly owned subsidiary Sunway Construction Sdn Bhd entered into the contract with Yellowwood Properties Sdn Bhd on Dec 31, 2022.

Gamuda said these land acquisitions are synergistic to the group since they are located next to its existing 810-acre Gamuda Gardens township in north Sungai Buloh. 

The contract will span 39 months from May 5, 2023 to Aug 4, 2026.

Malaysia Institute of Architects (PAM) president Sarly Adre Sarkum urges the public to approach registered professionals through their respective institutes prior to starting a renovation project to avoid being scammed.

Kawan Food inked a sale and purchase agreement (SPA) with RGP Warehouse Solutions Sdn Bhd to buy the five plots in April this year to build its second manufacturing plant.

The government will also not increase the 3.7 sen per kWh surcharge on farmers and animal breeders as well as lower voltage (LV) non-domestic.

Prime Minister Datuk Seri Anwar Ibrahim on Wednesday (Dec 14) indicated a potential increase in electricity tariffs on the horizon for multinational companies that export and no subsidy for selected profitable "giant" companies.

"We wish all parties in the construction industry can continue to carry on with the already tough business environment in a more sustainable manner.”