Sabah gets full authority over its MM2H programme
Sabah has confirmed that is has been given full control to run its own MM2H (Sabah-MM2H) programme after the state and federal authorities ironed out their issues.
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Ingenieur Gudang reports higher 2Q profit on disposal gain, higher construction revenue
Construction company Ingenieur Gudang Bhd (KL:INGENIEU) reported a net profit of RM6.48 million for the second quarter of its financial year 2024 (2QFY2024), driven by gains from asset disposals and higher construction revenue.
Genting Plantations buys two Indonesian plots for RM593m for property development
Genting Plantations Bhd (KL:GENP), in which Genting Bhd (KL:GENTING) owns a 55.4% stake, is planning to buy two plots of land in Indonesia for RM593 million, for property development.
Trading of securities in Grand Central Enterprises to be halted next Monday, pending announcement
Trading of securities in Grand Central Enterprises Bhd (KL:GCE) will be suspended on Monday (July 22) from 9am to 5pm, pending the release of a material announcement.
Building Industry Presidents’ Council reinforces objection to HRD Corp’s mandatory levy collection
The Building Industry Presidents’ Council (BIPC) chaired by president Jeffrey Chiang Choong Luin has reinforced its objection towards the mandatory Human Resource Development Corp’s (HRD Corp) mandatory levy collection for the building industry, following the recent allegations of fund misappropriations.
S P Setia celebrates 50 years building communities
S P Setia is marking its golden jubilee in the development industry with celebrations at the Setia City Convention Centre (SCCC) in Setia Alam.
Overdue maintenance fees: Subang Jaya assemblyman’s service centre offers RM20,000 to help JMBs, MCs
The Subang Jaya assemblyman’s service centre has allocated RM20,000 for a new legal aid fund aimed at supporting Joint Management Bodies (JMBs) and Management Corporation (MCs).
Haily Group shares soar to new record high following contract win
Shares in Haily Group Bhd (KL:HAILY) surged on Friday to a new all-time high since the construction company's listing three years ago, after announcing a contract win.
Gamuda climbs to new peak, driven by A$1.6b job win in Australia and optimism in construction sector
Shares in Gamuda Bhd (KL:GAMUDA) surged to a new record high on Thursday, boosted by news that its joint venture (JV) in Australia secured a contract worth A$1.6 billion (RM5 billion) and renewed interest in construction stocks on Bursa Malaysia.
Two-thirds of Malaysia's old buildings will still be in use until 2050 despite failing current standards
Real estate industry experts highlighted that the need for old building refurbishment and modernisation is dire, as about two-thirds of Malaysia’s existing old buildings that no longer meet current building codes, energy efficiency, and safety regulations, will still be used until 2050.
