Noteworthy:
When: February 2025
KIP Real Estate Investment Trust (KL:KIPREIT) is acquiring four retail properties worth RM118 million in Kuala Selangor and Kuantan, Pahang, marking a strategic suburban expansion.
Emphasising a people-first approach, Lim Seong Hai Capital Bhd (KL:LSH) non-executive chairman Tan Sri Lim Keng Cheng said his vision for the Kuala Lumpur Tower is grounded in compassion and continuity, particularly in safeguarding the livelihoods of all existing staff.
The National Housing Department is revising the Strata Management Act to enhance governance and close accountability gaps, with full implementation expected by 2026.
Fajarbaru Builder Group Bhd (KL:FAJAR) said on Tuesday it has clinched a RM63.7 million contract for construction works in Klang, Selangor.
The East Coast Rail Link (ECRL) project has completed excavation works for 38 tunnels along its rail alignment two months ahead of schedule, putting it on track to achieving 41 tunnel breakthroughs by the third quarter of this year.
Land acquisition for public purposes under Phase 1 of the Pan Island Link 2A (PIL 2A) project in Permatang Damar Laut here is being carried out in accordance with Section 3(1)(a) of the Land Acquisition Act 1960, the Penang chief minister's office said on Wednesday.
The operations and management of the KL Tower will continue as usual, said Menara Kuala Lumpur Sdn Bhd and its parent Hydroshoppe Sdn Bhd, despite the court's dismissal of their ad interim injunction application to halt the award of the iconic landmark's concession to a subsidiary of Lim Seong Hai Capital Bhd (KL:LSH).
The High Court on Tuesday dismissed an application by the former operator of the Kuala Lumpur Tower for an ad interim injunction to halt the award of the KL Tower concession to a subsidiary of Lim Seong Hai Capital Bhd (KL:LSH), LSH Service Master Sdn Bhd.
Noteworthy:
When: February 2025
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