KUALA LUMPUR: Skyworld Development Bhd plans to launch new projects in Kuala Lumpur with total estimated gross development values exceeding RM1bil in the current financial year ending March 31, 2024 (FY24). As of March 31, the developer has unbilled sales amounted to RM944.6mil, providing visibility of future revenue....
PETALING JAYA: MGB Bhd has secured a letter of award from Seloka Sinaran Sdn Bhd to develop three property projects in Sepang, Selangor, for RM156.83mil. In a filing with Bursa Malaysia, MGB said the projects will comprise the developments of single and double storey homes, a community centre, a guard house and TNB...
ACCORDING to the Construction Industry Development Board (CIDB), the Industrialised Building System (IBS) adoption rate in government projects has increased to 84% in 2021 from 79.5% in 2020; whereas in private projects, it had tremendously increased to 60% in 2021 compared with 41% in 2020. A higher adoption rate in government projects is always understandable, as it is the result of mandatory...
KOTA KINABALU: Suria Capital Holdings Berhad (SuriaGroup or the Group), operator of Sabah’s major ports and oil terminals, which published its annual report for financial year ended 31 December 2022 (FY2022), anticipates 2023 to be challenging due to global external factors, however, remains optimistic that the positive developments surrounding its businesses will bode well moving forward as it...