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Keyfield International Bhd’s wholly-owned subsidiary Keyfield Resolute Sdn Bhd has entered into a contract with Fujian Mawei Shipbuilding Ltd and Fujian Funing Shipbuilding Co Ltd for the shipbuilding of a new dynamic positioning (DP2) anchor handling tug supply (AHTS) with diesel-electric engine for a contract price of US$18mil (RM72.5mil).
Land & General Berhad is adapting to an oversupply of office space by converting its underperforming office building in Putrajaya into serviced apartments, investing about RM45 million in the process.
This reflects a broader strategy of adaptive reuse—repurposing assets to match current demand, maximise land value, and generate more sustainable long-term returns.