Daily Industry News Updates (22 December 2020)


Until May 31 next year: DBKL offers 50% discount on development fee 

Kuala Lumpur City Hall (DBKL) is offering a 50% discount in development fee until May 31 next year, Federal Territories Minister Tan Sri Annuar Musa announced yesterday. Developers in the city can apply for the discount and Annuar revealed that up 36 projects that applied for it

FIABCI appoints S P Setia’s Datuk Koe Peng Kang as vice president of FIABCI Asia Pacific

FIABCI, the International Real Estate Federation, has appointed S P Setia Bhd senior executive vice president Datuk Koe Peng Kang as FIABCI Asia Pacific vice president. In a media statement released on Dec 19, 2020, S P Setia said this was the results after a global election conducted

KAB wins contracts from Mah Sing

Kejuruteraan Asastera Bhd (KAB) has secured works contracts for Mah Sing Group Bhd’s M Luna, M Arisa and M Oscar projects valued at RM57.1mil. It said in a filing with Bursa Malaysia that the contracts comprised electrical, telephone and extra-low voltage services for the

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