MBAM expected a more uplifting Budget 2024 for construction sector
“In order to pump prime the revival of the Malaysian construction industry, the MBAM appeals to the government to provide more assistance for the construction industry to revive and sustain the construction sector.
Govt plans rooftop solar buyback, metering programme extension to spur solar adoption
At the same time, the government is calling for companies to offer a model for residential rooftop solar installation that requires zero capital expenditure (capex), such as those currently offered by Petroliam Nasional Bhd’s (Petronas) green energy unit Gentari Sdn Bhd.
OSK Property officially launches BLVD apartment in Melbourne Square with over 40% units taken-up
Located along 19 Hoff Boulevard Street, BLVD is a 73-storey apartment development.
Propel Global to acquire land in Pahang for RM14.7 mil for proposed commercial development
The construction firm said its wholly-owned subsidiary Propel Global Development Sdn Bhd has inked agreements with the vendor, Goldhill Deluxe Sdn Bhd, to purchase a 14,442 sq m parcel for RM13.
HIL Industries to buy property firm for RM46 mil in related party deal
The moulded plastic products maker and property developer said it is acquiring Broadwise Corporation Sdn Bhd (BCSB) via its wholly owned subsidiary, Amverton Prop Sdn Bhd, for RM46 million.
Wasco sells land in Klang for RM40 mil to fund working capital, debt repayment
In a Bursa Malaysia filing on Thursday, the group said it has entered into a sale and purchase agreement with Array Metal (M) Sdn Bhd for the proposed disposal on Oct 12.
Works minister urges construction sector to embrace technology disruption
Works Minister Datuk Sri Alexander Nanta Linggi: Embracing these trends and technologies will not only lead to more efficient and cost-effective construction processes, but also contribute to a more environmentally responsible and resilient built environment.
Battersea Power Station to see office space expansion in 2023
Battersea Power Station’s existing 565,000 sq ft of office space has been occupied by Apple, SharkNinja and The Engine Room — a coworking space by IWG.
Local Govt Ministry sets two-year deadline for operators to submit applications for existing EV charging bays
Minister of Local Government Development Nga Kor Ming said the programme aims to ensure that CPOs adhere to the planning and fire safety guidelines provided by PLANMalaysia and the Malaysian Fire and Rescue Department (JBPM).