After Bursa's reprimand, SCIB says group now has stronger internal controls and audit processes
SCIB acknowledged that the late submission of its Annual Report 2021 was primarily due to complexities in auditing overseas construction contracts.
PJBumi gets nod from local authority to develop industrial factories in Sungai Petani with RM42m GDV
The development comprises 24 units of smart medium industrial factories with an estimated gross development value (GDV) of RM42 million, said PJBumi in a filing with Bursa Malaysia on Wednesday.
IJM Rimbayu to see new Lotus’s hypermarket in 4Q next year
The hypermarket has a development cost of RM42 million and will have a built-up area of 64,066 sq ft and 185 surface parking on a 4.
Bumiputera quota: Rehda calls on govt to set automatic release mechanism to resolve housing issues
Consequently, this has led to “a number of unintended consequences”, the first of which is the increased number of completed but unsold units, which Tong said is incorrectly labelled as “overhang”.
PN17 firm Perak Corp teams up with Advancecon to develop RM1b GDV industrial project in Perak
Under the JV, Perak Corp will be entitled to a revenue share of 35% based on the net development value while Advancecon will be entitled to 65%.
Al-Aqar REIT’s 3Q net income falls on lower net income from Australia segment
Earnings per unit for the third quarter ended Sept 30, 2023 (3QFY2023) declined to 2.
Urban Renewal Act: Is KPKT biting more than it can chew?
A new Act will surely come with its own set of challenges, but is KPKT capable of monitoring it when it has not been able to resolve the current spate of problematic projects? The Ministry of Local Government Development (KPKT) has recently announced that the Urban Renewal Act will be tabled next year.
Hektar REIT achieves 87.7% occupancy rate across its retail portfolio in 3Q2023
Hektar Asset Management executive director and chief executive officer (CEO) Johari Shukri Jamil said: Hektar REIT’s malls, strategically positioned as neighbourhood and community hubs, have been the focal point of our success.
Widad’s unit wins RM117m job to build first phase of Tok Bali Industrial Park in Kelantan
The contract period spans 156 weeks starting from Dec 4, according to the construction group’s stock exchange filing on Wednesday.
Zhejiang UNITY Technology, NCT sign MOU to set up facility in NCT Smart Industrial Park
NCT Smart Industrial Park is one of the key developments in the Integrated Development Region of southern Selangor.
