INDUSTRY NEWS (23 MARCH 2021)
CapitaLand to create new investment management arm in revamp
Capitaland Ltd., Singapore’s largest developer, is restructuring its business by creating a new global real estate investment manager that’s expected to be the biggest such entity in Asia. The new firm, CapitaLand Investment Management, will consolidate the investment
CIDB withdraws RM1.6m lawsuit against Jepak Holdings
The Construction Industry Development Board (CIDB) has withdrawn its suit against Jepak Holdings Sdn Bhd, in which it seeks payment of over RM1.65 million in outstanding levies over a solar hybrid project for 369 rural schools in Sarawak. Counsel Afifah Afif, who acted for
Project suspended until safety assured
A stop-work order has been issued and an immediate safety audit ordered on the Sungai Besi-Ulu Kelang Elevated Expressway (SUKE) site where a crane toppled, killing three workers, injuring two others as well as a member of the public. The last is a Malaysian man who was
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