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Insights and Calculators Edge Reference Price Buy vs Rent calculator Quick Loan Check Credit & Loan Eligibility Report Research Location Scan EdgeProp HomeAdvisor Report Area Outlook Projects Directory Home Services Sell my property Submit home finder request Renovate my property Exclusive Broadband Promo Q&A Legal Q&A with Chris Tan Fengshui Q&A with Dato Joey Yap Guides Buying Renting Selling Home Financing Investing Home Improvement

News by Arjuna Chandran Shankar

news

TA Enterprise and TA Global sink deeper into the red with bleeding hotel division

18 November, 2020

In a bourse filing, TA Enterprise said quarterly loss increased to RM65.76 million in 3QFY20 from RM14.94 million in net loss seen in 3QFY19.

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news

TNB sues IWCity for RM77m over damage to undersea cables

18 November, 2020

TNB is alleging that IWcity and TBCSB had encroached and trespassed on a part of TNB’s transmission main intake and the right-of way/easement of its undersea cable project in October 2013.

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news

TCS to acquire 25% stake in construction company for RM30m, plans free warrants

18 November, 2020

The acquisition, which comes with a profit after tax (PAT) guarantee of not less than RM20 million per year from financial year ending Dec 31, 2021 (FY21) to FY23, will be undertaken via the issuance of 60 million new shares at 50 sen apiece to Super Advantage Sdn Bhd, who is selling the stake in SSSB to TCS.

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news

Builders the key beneficiaries of Budget 2021, but little interest seen

11 November, 2020

Gamuda Bhd, Sunway Construction Group Bhd (SunCon), IJM Corp Bhd and Malaysian Resources Corp Bhd (MRCB) are expected to be among the beneficiaries.

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indepth

Budget 2021 addresses needs of rakyat, businesses amid Covid-19, say

07 November, 2020

Bursa Malaysia chairman Tan Sri Abdul Wahid Omar characterised Budget 2021 as an “expansionary and holistic budget” that is appropriate with current priorities for the rakyat’s wellbeing.

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news

Budget 2021 no help to tourism sector, say hotel and travel agent groups

06 November, 2020

The Malaysian Association of Hotels (MAH) said the tourism and hotel industries are deeply concerned with the lack of immediate assistance to stakeholders suffering from reduced cash flow due to both domestic and international travel restrictions. 

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news

Domestic demand to grow by 6.9% in 2021, to recover from 3% decline in 2020

06 November, 2020

“Better job prospects on an improving economy will also improve household spending, as well as recovery in tourism-related sectors will contribute to better private consumption next year,” MoF wrote.

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news

Budget 2021: Waive RPGT on all properties below RM10m — PEPS

04 November, 2020

In its Budget 2021 wishlist, PEPS said the waiver should only be applicable for individual citizens, permanent residents and companies, and not non-citizen buyers, who are currently charged 30% on properties disposed of from the first to fifth year, and 10% thereafter.

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news

Ageson expects its strong earnings momentum to continue into FY21

03 November, 2020

Ageson Bhd is confident of achieving even higher earnings for the current financial year ending June 30, 2021 (FY21) after posting a record-high net profit in FY20.

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news

DBKL sells Cheras land to Tadmax for RM37.4 million

03 November, 2020

The land is located on the east side of Jalan Desa Aman 1, off Jalan Cheras, Taman Desa Aman, Cheras.

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