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Business

Mah Sing plans IBS plant with Chinese firms

KUALA LUMPUR: Mah Sing Group Bhd is exploring the possibility of teaming up with Chinese companies to set up a permanent Industrialised Building System (IBS) precast concrete plant in Southville City, KL South.

Business

Johor gets 4 applications to set up IBS plants

JOHOR BARU: Johor has received four applications including from investors in China to set up industrialised building system (IBS) plants in the state.

Business

Forest City master developer launches RM2.6bil IBS base

GELANG PATAH: In response to the nation’s call for a green and smart construction industry, Country Garden Pacificview Sdn Bhd (CPGV) – the master developer of Forest City, launched its Industrialised Building System (IBS) base with a projected cost of RM2.6bil.

Business

Forest City launches RM470mil IBS plant

GELANG PATAH: Forest City has launched its first Industrialised Building System (IBS) manufacturing plant worth RM470mil located within the mega development here.

Business

Bank Negara: IBs taking short-term view

KUALA LUMPUR: Investment banks (IBs) demanding for the Broad Property Sector (BPS) guideline to be scrapped are taking a short-term view and should consider the long-term systemic implications of an overexposure to the property sector and not just focus on their own commercial gains, said Bank Negara.

Business

Mida to approve 100 IBS-based projects by 2020

KUALA LUMPUR: The Malaysian Investment Development Authority (Mida) aims to approve 100 projects that adopt the Industrialised Building System (IBS), with a total of RM2bil additional investment by 2020, said chief executive officer Datuk Azman Mahmud.

Business

CIDB: Low awarness on IBS technology

KUALA LUMPUR: Although the use of Industrial Building Systems (IBS) is a technological force that has many benefits, there is little acceptance of this form of property construction technology and awareness among property buyers, says Construction Industry Development Board (CIDB) senior general manager Datuk Elias Ismail.

Business

Rehda to push for IBS to make housing more affordable

KUALA LUMPUR: The Real Estate and Housing Developers' Association Malaysia (Rehda) will work closely with the Ministry of Housing and Infrastructure to make housing more affordable.

Business

SCIB confident of winning multimillion ringgit bids

KUCHING: Sarawak Consolidated Industries Bhd (SCIB) has bid for contracts to supply industrialised building system (IBS) products to several new multimillion ringgit school and government health clinic projects in Sarawak.