West Coast Expressway Gets Green Light To Accept RM1.15 Bln Loan Facility

KUALA LUMPUR, April 21 (Bernama) -- WCE Holdings Bhd’s 80 per cent-owned subsidiary West Coast Expressway Sdn Bhd (WCE) has received the Malaysian government’s approval to accept a term loan facility of up to RM1.15 billion from Bank Pembangunan Malaysia Bhd.

LuMIC To Attract RM72 Bln Investments, Create Over 50,000 Jobs By 2050 -- Saarani

KUALA LUMPUR, April 10 (Bernama) -- The development of the Lumut Maritime Industrial City (LuMIC) in Perak is expected to attract RM72 billion in investments and create over 50,000 job opportunities within the next 25 years, said Perak Menteri Besar Datuk Seri Saarani Mohamad.

Lagenda Expands Presence Into N. Sembilan, Acquires Land With RM550 Mln GDV

KUALA LUMPUR, March 20 (Bernama) -- Lagenda Properties Bhd (Lagenda) is expanding its development footprint nationwide with a strategic move into Negeri Sembilan, following the acquisition of land in Seremban which has an estimated gross development value (GDV) of RM550 million.

Prodezi, Huong Viet Holding Launch US$195 Mln Eco-Industrial Park In Vietnam

KUALA LUMPUR, March 14 (Bernama) -- Prodezi Long An JSC (Prodezi) and Huong Viet Investment Consulting JSC (Huong Viet Holding) have officially begun construction on Long An's first eco-industrial park in Vietnam.

WCE Holdings Posts Wider Net Loss Of RM88.56 Mln In 3Q

KUALA LUMPUR, Feb 26 (Bernama) -- WCE Holdings Bhd, the concessionaire of the West Coast Expressway (WCE) project, logged a wider net loss of RM88.56 million for its third quarter (3Q) ended Dec 31, 2024, amid interest costs incurred for completed sections, which amounted to RM55.4 million in the quarter.

Radium Group to Buy Three Land Parcels For RM458 Mln

KUALA LUMPUR, Feb 24 (Bernama) -- Radium Development Bhd’s wholly owned indirect subsidiary, Radium J Velodrome Sdn Bhd (RVSB), has proposed to acquire a mixed-use land parcel and two commercial land parcels for RM458 million.  

ROSHN Group Unveils First Batch Of Sales For ALMANAR Community In Makkah

KUALA LUMPUR, Feb 18 (Bernama) -- ROSHN Group, Saudi Arabia’s leading multi-asset class real estate developer and a Public Investment Fund (PIF) company, has launched the first batch of sales for ALMANAR, its first community in Makkah.

Proton's EV Plant Enhances AHTV, Creates 3,000 Jobs Opportunities - Saarani

TANJUNG MALIM, Feb 7 (Bernama) -- Proton Holdings Bhd’s electric vehicle (EV) assembly plant in Tanjung Malim will mark a new chapter in strengthening the development of the Automotive High Technology Valley (AHTV), said Perak Menteri Besar Datuk Seri Saarani Mohamad.

Americhem's R&D Centre In India To Enhance Colour Development, Customer Support

KUALA LUMPUR, Feb 3 (Bernama) -- Americhem Inc has launched a new research and development (R&D) centre in Silvassa, India, located at Olive Industrial Park, to strengthen its service capabilities across India and Southeast Asia.

Arte Corp Collaborates With COBNB Malaysia For Its RM460 Mln GDV Project In Mont Kiara

KUALA LUMPUR, Jan 11 (Bernama) -- Property developer Arte Corp Malaysia is partnering with COBNB Malaysia, a luxury short-term stay operator, to manage the units at its iconic RM460 million gross development value (GDV) Arte Solaris development in Mont Kiara.

Prices Of Residential Houses In KL, PJ Set To Rise By 3-4 Pct This Year - Property influencer Sean Tan

By Karina Imran & Mikhail Raj

KUALA LUMPUR, Jan 6 (Bernama) -- Prices of double-storey residential houses in the Klang Valley, especially in Kuala Lumpur (KL) and Petaling Jaya (PJ), are expected to increase by 3.0 per cent to 4.0 per cent this year.

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.