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Kimlun Corp's latest land buy seen as positive

’s recent deal to buy two plots of freehold commercial land near Johor Baru for RM40.5mil cash is seen as positive, says RHB Research.
The two plots are sized 11.12 acres in total (translating to RM83.61 per sq ft) and located within the Bandar Seri Alam township, which is situated 20km from the city centre of Johor Baru.
On Tuesday, Kimlun told Bursa Malaysia that its indirectly owned subsidiary Kii Melodia was buying the land from Seri Alam Properties (the Bandar Seri Alam township developer).
The development details have yet to be finalised, and the proposed deal is expected to be completed by the third quarter of 2021. ....

Singapore General , Malaysia General , Johor Baru , Kii Melodia , Kimlun Corp Bhd , Seri Alam Properties The Bandar , Kimlun Corp , Bandar Seri Alam , Bursa Malaysia , Seri Alam Properties , Bayu Damai Equity , Johor Baru Singapore Rapid Transit System , North South Corridor , Jurong Region , Kimlon Corp , சிங்கப்பூர் ஜநரல் , மலேசியா ஜநரல் , ஜோஹோர் பாரு , செறி ஆலம் ப்ராபர்டீஸ் தி பந்தர் , பந்தர் செறி ஆலம் , செறி ஆலம் ப்ராபர்டீஸ் , பாயு டமாய் பங்கு , ஜோஹோர் பாரு சிங்கப்பூர் விரைவான போக்குவரத்து அமைப்பு , வடக்கு தெற்கு தாழ்வாரம் , ஜுராங் பகுதி ,

Laying the tracks of recovery for construction

Mudajaya Group Bhd managing director and chief executive officer James Wong told StarBiz that the sector would still experience challenges with tightened standard operating procedures emanating from the spread of the virus among foreign workers, which would impact productivity and preventive cost.
PETALING JAYA: The year 2020 has been a total washout year for the construction industry and players in the sector were rather relieved to have sailed through the headwinds into 2021.
A better year is definitely expected with the resumption and roll outs of various public and private sector projects but how significantly positive it would be, depended on the policies and projects that will be announced by the government. ....

Malaysia General , Johor Baru , James Wong , Pulau Indah , Aminvestment Bank Research , Public Works Department , Sustainable Energy Development Authority , Malaysian Plan , High Speed Rail , East Coast Rail Link , Investment Bank Research , Large Scale Solar , Malaysia Strategy Report , Finance Ministry , Pan Borneo Highway , Johor Baru Singapore Rapid Transit System , Iskandar Bus Rapid Transit , Mrt 3 , மலேசியா ஜநரல் , ஜோஹோர் பாரு , ஜேம்ஸ் வோங் , புலௌஉ இங்தா , பொது வேலை செய்கிறது துறை , நிலையான ஆற்றல் வளர்ச்சி அதிகாரம் , மலேசியன் திட்டம் , உயர் வேகம் ரயில் ,

Ekovest enters Singapore for a mixed development

Ekovest enters Singapore for a mixed development
Kathy B.
© Provided by New Straits Times
Ekovest Bhd will jointly carry out a mixed development project in Singapore with developers there. Datamine/Photo
Ekovest Bhd, the developer of Johor Bahru s first and largest mixed residential-commercial development known as Danga Bay is entering neighbouring Singapore for the first time to carry out a mixed development project.
Its wholly-owned subsidiary, Ekovest Development (S) Pte Ltd has inked a shareholder s agreement with three parties - MCC Land (Singapore) Pte Ltd, Sky Vision Management Pte Ltd, and MCC Land (TMK) Pte Ltd - for the development in Tanah Merah Kechil. ....

Singapore Island , Singapore General , Bukit Chagar , Tanah Merah , Negeri Sembilan , Johor Bahru , Johor Baru , Tanah Merah Kechil , Kang Hoo , Ekovest Bhd , Ekovest Development , Place Holdings Ltd , Straits Times Pressm Bhd , Ekovest Developments Pte Ltd , Sky Vision Management Pte Ltd , Land Singapore Pte Ltd , Pte Ltd , New Straits Times Ekovest Bhd , Danga Bay , Singapore Listed The Place Holdings Ltd , Sky Vision , Tan Sri Lim Kang Hoo , Woodlands North , Johor Baru Singapore Rapid Transit System , New Straits Times Press , சிங்கப்பூர் தீவு ,