Property & Real Estate around Shah Alam
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PTT Synergy unit wins RM83.26m earthworks contract from Sime Darby Property
Pembinaan Tetap Teguh Sdn Bhd, a unit of PTT Synergy Group Bhd, has secured an RM83.26 million contract from Sime Darby Property for earthworks and related tasks in Phase 1 of Bandar Bukit Raja Stage 4 in Klang, Selangor. The contract runs from September 2026 to March 2028.
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Paramount Corp opens 11th Co-labs Coworking outlet at Sunway Square
Paramount Corp Bhd has opened its eleventh Co-labs Coworking outlet at Sunway Square Corporate Tower 1 in Petaling Jaya. The 19,000 sq ft space on Level 9 offers 268 seats and is currently 30% occupied, with two more multinational companies expected to bring it to 50% by month-end. Two more outlets are planned next year in Johor Bahru and the Klang Valley.
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EI Power buys Shah Alam factory for RM17.2mil using IPO funds
EI Power Bhd's subsidiary is acquiring a freehold factory in Shah Alam for RM17.2 million. The purchase will be funded mainly by proceeds from its IPO, with the deal expected to complete within three months.