Bintai Kinden Corp Bhd (KL:BINTAI) said Universiti Islam Melaka Bhd (UIMB) has committed to a structured repayment plan amounting to RM13.5 million to be paid to the former's wholly owned subsidiary Optimal Property Management Sdn Bhd (OPM) under an extended interim settlement proposal (EISP) agreement.

Ireka Corp Bhd (KL:IREKA), a Practice Note 17 (PN17) construction company, said its external auditor has expressed a disclaimer of opinion on the company’s audited financial statements for the financial year ended June 30, 2024 (FY2024).

Haily Group Berhad (KL:HAILY) has secured a contract worth RM65 million for the construction and completion of a housing project in Tebrau, Johor.

Sunway Construction Group Bhd (KL:SUNCON) has been awarded additional tenant improvement works (TIWs) for its data centre construction project at the Sedenak Tech Park (STeP) in Johor for RM347 million.

Senai Airport City Sdn Bhd (SACSB), a member of MMC Group, is selling approximately 15.06 acres of industrial land located in the Senai Airport City Free Industrial Zone in Johor to Taiwan-based Chenbro Micom Co Ltd.

AME Elite Consortium Bhd (KL:AME) is working together with Kuala Lumpur Kepong Bhd (KL:KLK) in a joint venture (JV) to develop a new industrial park in Ijok, Selangor.

Noteworthy:

• Freehold
• Built-up size: 4,000 sq ft
• Land size: 4,850 sq ft
• 5 bedrooms, 5 bathrooms
• Semi-furnished
• Nearby amenities: MRT Semantan, MRT Pusat Bandar Damansara, HELP University, Pavilion Damansara Heights, The Five @ KPD, Cempaka International School Damansara Heights
• Accessibility: SPRINT, LDP, Federal Highway, Lebuhraya Sultan Iskandar, Jalan Tuanku Abdul Halim, Jalan Damansara, Jalan Semantan

When: October 2024

Property developer IGB Bhd (KL:IGBB) plans to raise up to RM5 billion by establishing a medium term note (MTN) programme to finance the general corporate purposes of the group.

Town planners were urged to foster a sustainable and resilient urban future by reimagining cities and creating new opportunities for economic growth and improved quality of life. This call was made at the National Planning Congress (NPC) 2024 held in Putrajaya yesterday.

The West Ipoh Span Expressway, to span 60.88km from Gopeng to Kuala Kangsar, is now estimated to cost RM6.2 billion instead of RM5.75 billion, according to the project's concessionaire, East Coast Road Sdn Bhd (ECRSB).