IJM Construction’s ongoing construction projects in Penang are the Mezzo residential tower — a 34-storey hotel and office tower, the Waterfront Shoppes retail mall and the Penang Waterfront Convention Centre at The Light City, Gelugor, as well as a factory expansion for the leading electronics manufacturing firm ViTrox Corporation Bhd’s facility in the Batu Kawan Industrial Park.
The two buildings will be constructed over two phases, consisting of a six-storey production floor space, office space, multi-storey car parks, a link bridge, as well as a centralised utility building base.
Located in Penang’s Bayan Lepas Free Industrial Zone, the construction of ASEM’s new semiconductor assembly and testing facility will comprise two buildings namely, plants 4 and 5 with a built-up area of 982,000 square feet.
The first contract is for the construction of a new chip assembly and testing facility with a value of RM341.39 million, awarded by ASE Electronics (M) Sdn Bhd (ASEM), while the second contract is for the construction of a 45-storey Maritime Signature commercial tower located at Karpal Singh Drive in Georgetown, valued at RM80.79 million, and awarded by Bionic Develoment Sdn Bhd
These job wins in Penang came on the heels of IJM securing two major contracts in Selangor last month — a RM831 million construction contract for a government hospital in Kapar and a RM150.8 million contract for the construction of an Inland Revenue Board (IRB) office tower in Shah Alam
Gamuda Land chief operating officer Chu Wai Lune said: “The addition of the SplashMania waterpark will not only benefit residents from Gamuda Cove but also its surrounding communities and Malaysia at large, with a projected annual visitorship of 800,000. The waterpark will allow us to reach out to an untapped ecotourism opportunity in the Southern Klang Valley region in line with Tourism Selangor’s plan.”
LRT project, which is connected with the railway shuttle link currently being built from Singapore to Johor Bahru (RTS Link), in March. The project, which is to be an integrated property development using the “transit-oriented development”, is subject to an ongoing feasibility study being completed and the grant of the concession award by the Johor government.
The project management team will deliver the project in live airport environment without intervening the daily airport operations .This marks another milestone for our construction division to expand our horizon in the airport logistics business," said T7 Global group
T7 Kemuncak will be responsible for BHS installation, steel support construction, refurbishment of supervisory control and data acquisition (SCADA) control rooms, server rooms and X-ray screening rooms and IT infrastructure.
Siemens Logistics will provide the latest conveying technology including VarioTray to boost the baggage throughput. The VarioTray, [a] high-speed conveyor system connected between the Main Terminal Building and Satellite A, will enable bags to be transferred swiftly and securely between the two buildings.
Minetech Resources Bhd has inked an original equipment manufacturing agreement with Cretpaver Asia Sdn Bhd (CASB) to manufacture and trade bituminous products, with an estimated contract value of RM10 million per annum. The agreement was entered through Minetech Asphalt Man International Sdn Bhd (Mami), an 85%-owned subsidiary of Minetech. Mami is engaged in the manufacturing and trading of bituminous products. Meanwhile, CASB is involved in supplying materials for road construction, road line marking and road safety furniture.
Construction outfit Pesona Metro Holdings Bhd has received a takeover offer from major shareholder Wie Hock Kiong to acquire 278.03 million shares or a 40.01% stake in the group at a price of 19 sen per share or RM52.83 million cash in the event of full acceptance of the offer. The mandatory takeover offer comes after the 62-year-old acquired an 80% stake in Kombinasi Emas Sdn Bhd from his younger brother Wie Hock Beng, who is also the managing director of Pesona Metro, for RM18.09 million. Kombinasi Emas, which will be wholly-owned by Hock Kiong, controlled a 41.54% stake in Pesona Metro as at Nov 17.