<div class=newsTextDataWrapInner><p>SEPANG: Glomac Bhd has launched the RM130 million first phase of its fifth township in Sepang, called Saujana KLIA, which will mainly consist of affordable homes.</p></div>

<div class=newsTextDataWrapInner><p>“There is a strong demand for affordable properties and at Saujana KLIA we would like to continue to provide comfortable and affordable homes for families,” said group managing director and chief executive officer Datuk Seri F D Iskandar at the launch last weekend. “This is our part to help the government in providing affordable homes.”</p></div>

<div class=newsTextDataWrapInner><p>The first phase is on 30 acres (12.14ha) of land. There will be two types of 2-storey homes for sale, Marylis and Celosia. There will be 128 units of the former and 156 units of the latter. Completion of these units is targeted for 2017.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>To-date, Marylis has been 100% taken-up while Celosia has seen 50% of its units sold.</p></div>

<div class=newsTextDataWrapInner><p>Saujana KLIA has a gross development value of RM1.2 billion. The township is on 239 acres of leasehold land next to Kota Warisan and will consist of terraced, semi-detached and bungalow units.</p></div>

<div class=newsTextDataWrapInner><p><br />
This article first appeared in <em>The Edge Financial Daily, </em>on January 30, 2015.</p></div>


SEPANG: Glomac Bhd has launched the RM130 million first phase of its fifth township in Sepang, called Saujana KLIA, which will mainly consist of affordable homes.

“There is a strong demand for affordable properties and at Saujana KLIA we would like to continue to provide comfortable and...

Glomac Bhd launches Phase 1 of RM1.2b Saujana KLIA

US oil and gas deals hit a record US$51 billion (RM243.6 billion) in the first quarter, a continuation of last year's fierce merger pace centered in the top US shale field, data provider Enverus said on Tuesday.

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KOTA KINABALU (April 23): The Sabah government has not imposed state sales tax and the Royal Malaysian Customs Department has also not levied export duties on gold taken out of Sabah to Peninsular Malaysia, the Sabah State Legislative Assembly was told on Tuesday.

No sales tax, export duties on gold taken out of Sabah to peninsula

Office furniture maker AHB Holdings Bhd’s foray into the electric vehicles (EV) business has encountered a setback as its planned acquisition of a 51% stake in automotive distributor CAF Motor Sdn Bhd was mutually terminated.

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KOTA KINABALU (April 23): A total compensation of RM651 million has been paid to 1,591 landowners and stakeholders involved in the construction of the Pan Borneo Highway project in Sabah.

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While the opening of The Exchange TRX is anticipated to intensify competition in the malls sector, Pavilion Real Estate Investment Trust (PavREIT) said footfalls at its malls nearby — Pavillion KL and the connected Pavilion Elite — remain unaffected, and they are still enjoying over 95% occupancy rates.

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LOS ANGELES/BENGALURU (April 23): United Parcel Service (UPS) reported better-than-expected quarterly profit on Tuesday, as cost cuts offset still-soft demand for package delivery.

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Adobe said on Tuesday it plans to place a tool for full artificial intelligence (AI) image generation in its Photoshop software later this year.

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KUALA LUMPUR (April 23): DXN Holdings Bhd posted a 43.23% rise in net profit to RM79.02 million for its fourth quarter ended Feb 29, 2024 (4QFY2024), from RM55.17 million a year ago, on the back of higher revenue.

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India’s capital market regulator has asked a clutch of global funds to defend themselves against allegations of improper disclosures and market manipulation relating to trading of Adani Group stocks, according to people familiar with the matter.

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<p>The Edge covers former Malaysian Prime Minister Datuk Seri Najib Razak's 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial live.</p>




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<p>Indonesian President Joko Widodo and his son, incoming vice-president Gibran Rakabuming Raka, are no longer members of the country's largest party after they backed rival candidate and election winner Prabowo Subianto, a party official said on Tuesday.</p>


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<p>ATX Semiconductor Group, a globally renowned semiconductor provider from China, intends to ramp up investment to US$200 million (RM952 million) for its new manufacturing plant in Melaka over the next five years for its second-phase business expansion.</p>


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<p>Malaysia’s construction tender prices are&nbsp;expected to grow by 3% in 2024, compared to the previous year, driven by various factors such as project type, industry procurement strategy and currency fluctuations, according to a report by global professional services company Turner &amp; Townsend.</p>


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<p>Moomoo Malaysia, an online trading platform, garnered 100,000 clients within six weeks of its launch, making it one of the most downloaded financial mobile applications in Malaysia.&nbsp;</p>


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<p>Former Umno Supreme Council member Hizatul Isham Abdul Jalil or better known as Isham Jalil has offered to make an unreserved apology to bring an end to his contempt of court proceedings.</p>


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<p>Swatch Group (M) Sdn Bhd&nbsp;said the seizure of its 172 rainbow-themed watches had caused much grief to its international reputation, as the renowned Swiss watch maker had always been dutiful citizens of any state where the watches were sold.</p>


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<p>KUALA LUMPUR (April 23): Malaysia has emerged as the most significant country within Asean for businesses to venture into, as shown by the UOB Business Outlook Study 2024 (SMEs &amp; Large Enterprises).</p>


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<p>Cypark Resources Bhd said on Tuesday that its 100MW Large Scale Solar 3 (LSS3) hybrid solar plant project in Merchang, Terengganu, will transition to full commercial operations by next month.</p>

<p>In a statement, the group said the plant consists of 83MWac (megawatt, alternating current) ground-mounted solar photovoltaics and 32MWac floating solar photovoltaics.</p>


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<p>CONSTRUCTION firm GDB Holdings Bhd — which has been embroiled in disputes with KSK Group in the last two years over the development of the 8 Conlay project in Kuala Lumpur — appears to be back on investors’ radar, judging by the recent upward trend in its share price.</p>

<p>According to marke...

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<h3><strong><span style="color:#d35400;">MyEG Services Bhd</span></strong></h3>

<p>Target price: <strong>RM1.15 <span style="color:#27ae60;">ADD</span></strong></p>

<div class="mt-3 imgw-300 embed-right"><a class="mobx embedimg-icon" data-desc="xxx" data-rel="ceolightbox" href="//myassets.thee...

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<p>KUALA LUMPUR (April 23): Former Sapura Energy Bhd chief executive officer Tan Sri Shahril Shamsudin has settled his defamation lawsuit against Economics Minister Rafizi Ramli out of court.</p>


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<p>Bursa Malaysia continued its upbeat momentum to end higher for the fifth consecutive day on Tuesday, thanks to buying from local and foreign institutions, said an analyst.&nbsp;</p>


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<p>PETALING JAYA (April 23): Tropicana Corp Bhd is partnering with Maybank Islamic Bhd to provide a home financing solution called Maybank Islamic’s HouzKEY.&nbsp;</p>


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<p>Capital A Bhd’s unit AirAsia Consulting Sdn Bhd is still in the pre-qualification stage for the acquisition of national carrier SriLankan Airlines.&nbsp;</p>

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<p>Chinese universities and research institutes recently obtained high-end Nvidia artificial intelligence (AI) chips through resellers, despite the US widening a ban last year on the sale of such technology to China.</p>


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<p>While Sapura Energy Bhd has resolved one key condition of its reset plan, analysts did not change their recommendations on the group, as there is still an arduous journey ahead for the group to address its balance sheet position.</p>
