News by Ahmad Naqib Idris

Ekovest shareholders, accounting for 69.2% of votes, had voted against the proposal at its extraordinary general meeting (EGM) here today.

According to Second Finance Minister Datuk Seri Johari Abdul Ghani, the definition of affordable housing differs significantly between private and public property developers.

The safeguard duty has resulted in a significant increase in raw material costs.

The Construction Industry Development Board (CIDB) expects its RM2.5 million MyBIM Centre to commence operations in May this year.

IJM attributed the decline in profit to the absence of a one-off gain of RM133.3 million from the disposal of a 70% equity interest in Swarna Tollway Private Ltd, which was included in its results last year.

Rahim & Co founder and executive chairman Tan Sri Abdul Rahim Abdul Rahman pointed out that based on historical data, the local market has a 10-year cycle.

the rising housing prices in Malaysia has not only been driven by the market, but high premium on land purchases — which are set by the respective state governments — is also a major factor...

Property developer Magna Prima Bhd said it will be launching the RM220.81 million gross development value (GDV) The View Residence, which will be constructed on its recently acquired Shah Alam land, sometime in the fourth quarter of 2016 (4Q16).

OSK had launched its takeover offer for shares in PJD it does not own for RM1.50 per share and 50 sen per warrant.

SDB attributed the lower quarterly revenue to completion of the group’s Windows On The Park project in Bandar Tun Hussein Onn here.