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Nestcon secures letter of award for job worth RM85m in Terengganu
Construction outfit Nestcon Bhd has received a letter of award (LoA) for a job worth RM85 million to design and build an integrated offsite scheduled wastes recovery facility in Kerteh, Terengganu.
Sunsuria partners Affin Bank to offer Home Step Fast/-i campaign
Sunsuria Bhd has announced its collaboration with Affin Bank’s Home Step Fast/-i campaign to offer homebuyers a lifestyle ownership programme with a financing solution that allows them to pay a lower instalment for the first five years
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Creating tomorrow and beyond is a collective effort and we are here to take every step of this journey with you — to co-create the lifestyle, business and community that match your aspirations.
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Airbnb supports Penang government decision to regulate STRA
Airbnb has welcomed the Penang state government's recent decision to regulate short-term rental accommodation (STRA), instead of banning it altogether.
DONE DEAL: Office at Mercu 2, KL Eco City, Kuala Lumpur
Noteworthy:
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Leasehold
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Built-up: 14,177 sq ft
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Fully furnished
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Amenities: Mid Valley Megamall, The Gardens, medical centres, clinics, hotels and schools
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Accessibility: Federal Highway, New Pantai Expressway (NPE), Jalan Bangsar and Jalan Maarof, as well as public transports including Abdullah Hukum LRT and Mid Valley KTM stations
When: March 2022
Pensonic sells land with factory in Penang to paper pulp maker for RM15.8m
In a bourse filing, Pensonic said its wholly-owned Pensia Electronic Sdn Bhd (PESB) has inked a sale and purchase agreement (SPA) with HZGP on Monday (May 9) to dispose of the plot, which measures 1.2ha, together with the structures on it, comprising an office block and two two-storey warehouses, a guard house and ancillary buildings.
ES Ceramic to diversify into construction materials via RM83m acquisition of Evermix
In a bourse filing, ES Ceramic said the acquisition will be satisfied via a combination of RM65 million cash and the remaining RM18 million will be paid in the form of new ES Ceramic shares, at an issue price of 32 sen per share.
Maybank IB cuts Genting Malaysia FY22 EPS by 40% as Omicron seen dampening recovery
Maybank IB analyst Yin Shao Yang said in a note that he understands that business at RWG has slowed from March due to the Omicron wave, and RWG has reopened only half of its about 10,000 rooms despite being allowed to reopen all from April 1.
Platinum Victory and Jakel's JV granted the first social loan financing in Southeast Asia
The deal, totalling RM136 million, will finance the Phase 1 of the J. Satine development in Setapak, Kuala Lumpur, which comprises 2,068 units of affordable residential apartments under the Residensi Wilayah Keluarga Malaysia programme.