SCIB gets new revised RM172.4m contract for PR1MA housing in Kelantan
Sarawak Consolidated Industries Bhd (KL:SCIB) said it has accepted a second revised contract worth RM172.4 million to build affordable housing in Kota Bharu, Kelantan.
Sarawak Consolidated Industries Bhd (KL:SCIB) said it has accepted a second revised contract worth RM172.4 million to build affordable housing in Kota Bharu, Kelantan.
Housing and Local Government Minister Nga Kor Ming today apologised and retracted remarks he made during the pre-launch of the Bukit Bintang’s I Lite U lighting initiative recently.
Industrial packaging firm L&P Global Bhd (KL:L&PBHD) is disposing of a leasehold industrial property in Kulim, Kedah, for RM13.88 million cash, to unlock the value of the underutilised property and redeploy capital.
A company that had in February this year obtained a summary judgment against Bina Puri Holdings Bhd (KL:BPURI) for owing it RM28.1 million, has filed a winding-up petition over the unpaid debt.
Malaysia’s first Nvidia-powered AI data centre in Johor, developed by YTL Power International Bhd (KL:YTLPOWR) in partnership with tech giant Nvidia Corp, is now operational.
Noteworthy:
When: July 2025
The national construction sector continues to be a key economic driver, contributing RM143 billion in project value as of September this year.
Pavilion Real Estate Investment Trust's (KL:PAVREIT) net property income (NPI) rose 10% to RM145.49 million for the third quarter ended Sept 30, 2025 (3QFY2025) from RM131.86 million a year earlier, driven by its newly acquired assets—Banyan Tree Kuala Lumpur and Pavilion Hotel Kuala Lumpur.
The frequency of aerotrain service disruptions at the Kuala Lumpur International Airport (KLIA) is unacceptable, and Malaysia Airports Holdings Bhd (MAHB) will be held accountable for any disruption found to be caused by technical issues, said Transport Minister Anthony Loke.