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Malay Chamber Of Commerce Wants G1-G7 Contractors To Participate In Bandar Malaysia Development

KUALA LUMPUR, Jan 4 (Bernama) -- The Malay Chamber of Commerce Malaysia (DPMM) will establish a Malay construction consortium comprising G1 to G7 class contractors to be involved in the development of 20.23 hectares (50 acres) in Bandar Malaysia gazetted as Malay reserved land.

Kenanga IB: Banking Sector Loan Growth Projected At 6.0 Pct In 2025

KUALA LUMPUR, Jan 3 (Bernama) -- Malaysia’s banking loan growth is projected at 6.0 per cent in 2025 amid uncertainties in foreign trade policies, said Kenanga Investment Bank Bhd (Kenanga IB). 

KSI Forecasts Malaysia's Economic Growth At 4.9 Pct For 2025

KUALA LUMPUR, Jan 2 (Bernama) -- Malaysia's economic growth is expected to moderate to 4.9 per cent in 2025, slightly above the official target range of 4.5 per cent to 5.5 per cent, taking into account the impact of domestic policies and external challenges, said KSI Strategic Institute for Asia Pacific (KSI).

Deadliest December For Global Aviation, A Somber End To 2024

By Kisho Kumari Sucedaram

KUALA LUMPUR, Dec 31 (Bernama) — Several airlines encountered devastating challenges, transforming the end of the year into a tragic chapter for aviation worldwide, resulting in a somber and deadly December for many, marking a stark contrast to hopes for a prosperous conclusion to the year.

KLCC Holdings To Develop Land In Bandar Malaysia

KUALA LUMPUR, Dec 23 (Bernama) -- KLCC (Holdings) Sdn Bhd (KLCCH) has agreed with Bandar Malaysia Sdn Bhd and Bandar Malaysia Land Sdn Bhd to develop 196.67 hectares (ha) of land in Bandar Malaysia, the site of the former Royal Malaysian Air Force base in Sungai Besi.

Research Firms Optimistic About Mah Sing's Growth Potential

KUALA LUMPUR, Dec 20 (Bernama) -- MIDF Amanah Investment Bank Bhd remained upbeat on the prospect for real estate development company Mah Sing Group Bhd, driven by its growing exposure to the booming Johor property market. 

ES Sunlogy Signs Underwriting Agreement With M&A Securities For IPO Exercise

KUALA LUMPUR, Dec 19 (Bernama) -- Mechanical and electrical (M&E) engineering services solutions, ES Sunlogy Bhd has entered into an underwriting agreement with M&A Securities Sdn Bhd for the company’s upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia.

Mah Sing To Acquire Land In Johor Bahru With RM1.5 Bln GDV

KUALA LUMPUR, Dec 19 (Bernama) -- Mah Sing Group Bhd plans to acquire 2.424 hectares of freehold land in Johor Bahru, designated for the development of premium serviced apartments and retail units, with an estimated gross development value (GDV) of RM1.5 billion.

Trinity Group Clinches FIABCI Malaysia Property Award For High-rise Living Excellence

KUALA LUMPUR, Dec 18 (Bernama) -- Property developer Trinity Group has won the FIABCI Malaysia Property Award 2024 in the residential high-rise category for its flagship development, Trinity Pentamont, located in Mont Kiara, Kuala Lumpur.

OSK Indirect Unit Acquires Land In Sungai Petani For RM72 Mln

KUALA LUMPUR, Dec 6 (Bernama) -- OSK Holdings Bhd's indirect subsidiary OSK Amanjaya Sdn Bhd, has entered into a sale and purchase agreement with Central Kedah Properties Sdn Bhd to acquire five parcels of land in Sungai Petani, Kedah, for RM72 million. 

Cogeneration Systems Boost Energy Efficiency By Over 70 Pct, Support Sustainability

KUALA LUMPUR, Dec 4 (Bernama) -- Cogeneration systems, which simultaneously produce electricity and useful heat from the same energy source, can boost energy efficiency by more than 70 per cent, resulting in substantially saving energy costs and contributing to long-term environmental sustainability.

PKNS Unveils SA Sentral Development Plan

SHAH ALAM, Nov 28 (Bernama) -- The SA Sentral and Section 13 development plan, set to be implemented over the next seven years starting next year, will cover 58.6 hectares (145 acres) and aims to transform the area into a modern, dynamic, and competitive integrated hub in the country.