Business

Mediation centre sets further session in Chow-Ramasamy defamation row over Batu Kawan deal

Mediation centre sets further session in Chow-Ramasamy defamation row over Batu Kawan deal Ramasamy initiated defamation proceedings against Chow on July 18 last year, over a statement published on Chow’s official Facebook page on Oct 3, 2023, which Ramasamy alleges gravely damaged his reputation. GEORGE TOWN (June 25): The Penang Court Mediation Centre has fixed July 2...

Hock Seng Lee set to develop master-planned project near Kuching International Airport

Hock Seng Lee set to develop master-planned project near Kuching International Airport Neat Plan director Yu Ji (second from right) with some of the shortlisted winners and judging panel of the AIR Architecture Competition. (Photo courtesy of Hock Seng Lee) HSL is set to build based on one of the shortlisted schemes depending on feasibility, similar to the architectural...

Berjaya Assets to sell Times Square units for RM24.9 mil to Sports Toto unit

Berjaya Assets to sell Times Square units for RM24.9 mil to Sports Toto unit The deal involves three separate sale and purchase agreements signed on June 25. The units, which are located on the ground floor of the Times Square complex, span a total of 1,637 sq ft and are currently tenanted. PETALING JAYA (June 26): Berjaya Assets Bhd’s wholly owned unit Sapphire Transform Sdn...

PM launches Kota Madani smart city project in Putrajaya

PM launches Kota Madani smart city project in Putrajaya (Photo from Facebook of Anwar Ibrahim) The RM4 billion project will be developed by Putrajaya Holdings Sdn Bhd (PjH) through a public-private partnership under the build, lease, maintain and transfer (BLMT) model, without utilising government funds at the initial stage. PUTRAJAYA (June 26): Prime Minister Datuk Seri...

TRX breaks ground for new office building development

TRX breaks ground for new office building development TRX City CEO Datuk Azmar Talib (third from left) with the scale model of the office tower. (Photos by Shahrin Yahya/The Edge) The 39-storey office tower will serve as the 10th building in TRX. It will offer approximately 925,000 sq ft of gross floor area and 800,000 sq ft of net lettable area, together with a biophilic design...

Mah Sing launches M Legasi in Semenyih

Mah Sing launches M Legasi in Semenyih (From left) Mah Sing Group Bhd deputy group CEO and executive director Lionel Leong; founder and group managing director Tan Sri Leong Hoy Kum, and CEO of property subsidiaries Yeoh Chee Beng, at M Legasi’s official grand opening on Thursday. (Photo by Suhaimi Yusuf/The Edge) The township will have three residential precincts: Impira (110...

Bonia buys remaining 10% stake in unit with two parcels of land in Bukit Bintang

Bonia buys remaining 10% stake in unit with two parcels of land in Bukit Bintang The deal will make CBN a wholly owned unit of Bonia upon completion of the acquisition, which is expected to take place in the third quarter of this year, according to the luxury retailer's filing with Bursa Malaysia. KUALA LUMPUR (June 24): Bonia Corp Bhd (KL:BONIA) is acquiring the remaining...

Mulpha-linked Aveo Group to be sold in Australia, reports say

Mulpha-linked Aveo Group to be sold in Australia, reports say Scape, which mainly owns and operates student accommodation in Australia, and co-investor South Korea’s National Pension Service have agreed to pay A$3.85 billion (RM10.60 billion) on an enterprise valuation basis, the Australian Financial Review reported on its website. KUALA LUMPUR (June 25): Aveo Group, an...

CCC-ECRL disputes Advancecon’s RM15.2 mil claim for ECRL works

CCC-ECRL disputes Advancecon's RM15.2 mil claim for ECRL works CCC-ECRL confirmed that it had received the notice of adjudication from the Advancecon subsidiary, Advancecon Infra Sdn Bhd, which alleged outstanding payments for subgrade, drainage, and culvert works carried out under two sub-contract for the ECRL project. KUALA LUMPUR (June 24): China Communications...

AVALAND BREAKS GROUND ON AVENUE25 PEDESTRIAN BRIDGE, MARKING THE START OF TRANSFORMATIVE URBAN REDEVELOPMENT FOR COMMUNITY ENHANCEMENT IN SUBANG JAYA

AVALAND BREAKS GROUND ON AVENUE25 PEDESTRIAN BRIDGE, MARKING THE START OF TRANSFORMATIVE URBAN REDEVELOPMENT FOR COMMUNITY ENHANCEMENT IN SUBANG JAYA Subang Jaya, 13 JUNE 2025 – Avaland held a groundbreaking ceremony at its Avenue25 project site to officially kick off construction of a dedicated 300m pedestrian covered walkway and link bridge to the USJ21 LRT Station. This...

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