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Ibraco Bhd’s subsidiary, Ibraco Construction Sdn Bhd, has received a letter of acceptance from the Public Works Department, Kuching to construct and complete a new airport in Mukah, Sarawak for RM302.63 million. The project will commence upon site possession and be completed within 36 months from the date of commencement. (The Star, 18/07/2017)

Some 17,000 units of the 1Malaysia People’s’ Housing (PR1MA) Plan Homes with a gross development value of RM5.5 billion will be built in Sarawak. The affordable houses will be built via 15 projects, planned at several locations around the state. Two of the projects involving 1,320 units and 912 units in Bintawa and Matang, respectively…

Gabungan AQRS Bhd has signed a memorandum of understanding with Tera Capital Ltd to invest, develop and operate the RM1.8 billion, 6.28 acre, One Jesselton Waterfront in Kota Kinabalu, Sabah. Gabungan AQRS has a joint venture with state-owned Suria Capital Holdings Bhd to develop the project, comprising a hotel, serviced suites, residential apartments, a retail…

Private American boarding school Shattuck-St Mary’s, located within the Forest City development and offering pre-school to high school syllabus, will open, starting August 2018. Forest City master developer and operator Country Garden Pacificview Sdn Bhd is investing RM935 million to build the institution in three phases. The first phase will see construction spanning 14.2 acre…

Sogo Malaysia has agreed with IGB Corp Bhd to be the major department anchor store in the new Mid Valley Megamall at Southkey, thus extending Sogo’s reach into Johor Bahru. This will be in addition to its recently announced new locations in Tun Razak Exchange (TRX) Lifestyle Quarter, Central i-City shopping mall in Shah Alam,…

UDA Holdings Bhd will develop the Angsana Johor Bahru Mall 2 with an estimated gross development value of RM1.5 billion. The project, currently in the final stage of having its design approved, is expected to be completed by 2021. The 800,000 sq. ft. mall will be built on 11 acres site near the existing Angsana…

Lien Hoe Corp Bhd’s subsidiary is selling 36.4 acres within Bandar Seri Alam, Johor, for RM100.53 million cash to Plato Assets (M) Sdn Bhd. Lien Hoe Corp Bhd’s subsidiary Christine Resort Sdn Bhd signed a sale and purchase agreement with Plato Assets to sell the land. Of the RM100.53 million, Lien Hoe will be using…

Kerjaya Prospek Group Bhd has received a contract for piling works in a related-party transaction worth RM64.22 million. The contract is for foundation piling works and associated sub-structure works for a mixed project comprising a 25-storey hotel and office block, two 53-storey serviced apartment blocks on top of a 11-storey podium, one partial underground level…

Mah Sing Group Bhd has officially launched its sales gallery in Cheras, for its 11.25 acre M Vertica high-rise residential suites. The show units feature an 850 sq. ft. residential unit with three bedrooms and a 1,000 sq. ft. residential unit with four bedrooms. The proposed development of M Vertica, which has an estimated gross…

Yong Tai Bhd has officially launched its latest project, a condominium-hotel (condotel) called “The Dawn” at Impression City in Kota Laksamana, Melaka, on July 21, 2017. The Dawn @ Impression City will be built on a five acre site comprising one 28 storey block and one 29 storey block. It is the first series of…

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