Tafi bags RM207 mil related-party transaction for mixed-used development in Setia Alam
The tenure for the construction of the main building and associate works is 42 months, with a contract value of RM186.
The tenure for the construction of the main building and associate works is 42 months, with a contract value of RM186.
MRL reiterated that there are "no changes" to its proposed post-construction partnership with CCCC, as per the signing of a memorandum of understanding (MOU) for ECRL’s management, operation and maintenance phase back in April 2019.
Both parties will collaborate on the study, planning, and preparation of the project bidding document by the bid closing date, arrange project financing with acceptable guarantees and terms, and share costs for external consultants and necessary preparations.
The contract, which was awarded by VED Engineers Sdn Bhd to the group's wholly-owned subsidiary Minetech Construction Sdn Bhd, commenced on June 28, 2024 and is slated for completion within three months, Minetech said in a bourse filing on Friday.
In a joint statement on Friday, the companies said that the project is related to phase three of Arden @ One Bukit Senyum, which is slated to launch in the fourth quarter of 2024, with construction expected to be completed within 48 months.
Up to 60 students from Sekolah Kebangsaan Semenyih, Sekolah Jenis Kebangsaan (Cina) Kampung Baru Semenyih, Sekolah Kebangsaan Bukit Tampoi and Sekolah Jenis Kebangsaan (Tamil) Ladang Rinching attended the fun and educational event.
There are 57,608 active MM2H visa holders, comprising 28,312 principal visa holders, and 29,296 dependents as of May 31.
This collaboration will leverage Sime Darby Property’s assets and developments, along with GSPARX's proven track record in delivering rooftop solar projects.
The retail REIT sector is facing challenges from the recent increase in the sales and service tax (SST) to 8%, weak consumer spending, sustained elevated inflation, and fuel subsidy rationalisation.
The group said its wholly owned subsidiary Atilze Digital Sdn Bhd had on Wednesday received the letter of award from the Maldives Ministry of Homeland Security and Technology, granting Atilze Digital the exclusive rights to implement the National Integrated Migrant Workers Dormitory.