Gamuda Bhd’s Singapore branch (GBSG), an operating unit of the group, has secured a S$509.568 million (RM1.77 billion) design and construction contract for the West Coast station and tunnel.

Property developer IOI Properties Group Bhd plans to acquire five-star hotel W Kuala Lumpur (W KL) in Jalan Ampang, KL for RM270 million, cash, from property group Tropicana Corp Bhd.

Agrochemical businessman Datuk Eddie Ong Choo Meng has emerged as a substantial shareholder in Hektar Real Estate Investment Trust (Hektar REIT), after acquiring a 28.462% stake, or 143.9 million shares, in the company.

UniTapah Sdn Bhd, in which Crest Builder Holdings Bhd is buying the remaining 49% stake for RM43.61 million, has 11 years remaining on its maintenance works contract for the UiTM campus in Tapah, Perak.

Noteworthy:

• Freehold
• Built up size: 1,700 sq ft
• Land size: 1,600 sq ft
• 4 bedrooms, 3 bathrooms
• Unfurnished
• Nearby amenities: Convenience stores, schools, Mid Valley Megamall, The Gardens Mall, LRT Sri Petaling, LRT Bukit Jalil
• Accessibility: Kesas highway, NPE highway

When: September 2023

MyEG Lodging (NC) Sdn Bhd, a subsidiary of e-government service provider MyEG Services Bhd, has signed a 30-year lease agreement with Penang Development Corp (PDC) to develop a foreign workers' village project worth RM108 million.

Land & General Bhd’s (L&G) The Wyn Residences in Puchong Jaya, Selangor has achieved a take-up rate of 35% since its official launch on Dec 3 (Sunday).

Bon Estates and Malaysia Airlines are collaborating to “elevate lifestyles and expand horizons” of potential buyers of BON Kiara’s units.

Sarawak is looking at potentially building two undersea transmission lines from the state to the peninsula and Singapore to strengthen its renewable energy agenda.

Malaysia Building Society Bhd (MBSB) has appointed Malaysian Industrial Development Finance Bhd (MIDF) chairman Tan Sri Abd Rahman Mamat and director Datuk Dr Yasmin Mahmood to the group’s board.