Real Estate News
AEM opens new RM65m manufacturing plant in Penang
(The Edge Market) 09/01/2023
BUTTERWORTH (Jan 9): Singapore-based AEM Holdings Ltd, a semiconductor test solutions provider, has opened its new RM65 million manufacturing plant in Penang.
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Prasarana to allocate RM2.8b to improve train, bus services
(The Edge Market) 09/01/2023
KUALA LUMPUR (Jan 9): Prasarana Malaysia Bhd will spend a total of RM2.8 billion to improve train and bus services, replacing train equipment and increasing the number of trains and buses.
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GDB to resume work on 8 Conlay after receiving partial payment from KSK Land unit
KUALA LUMPUR (Jan 9): GDB Holdings Bhd, the main contractor of the 8 Conlay mixed development, will now resume work on a part of the project as it has received partial payment from the project owner, Damai City Sdn Bhd, a unit of KSK Land Sdn Bhd.
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Hunza Group aims to launch projects worth RM2.2b
(The Edge Property) 09/01/2023
GEORGE TOWN (Jan 9): Penang-based property developer Hunza Group is likely to launch a few projects in the next few years with a total gross development value (GDV) of about RM2.2 billion.
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Malaysia to have weaker economic growth this year
(Malaysian Reserve) 09/01/2023
MALAYSIA will see a weaker economic growth at a 4.1% estimated rate in 2023 from 8.5% in 2022, largely due to an interplay of weakening external environment, new government narratives, domestic inflation and interest rate hike.
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Gan: Radium’s strategy to provide affordable housing has been a success
Radium Development Berhad, which has received approval from the Securities Commission to list its shares on Bursa Malaysia, said that its strategy to build affordable houses has been a resounding success.
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