MRMA: Datuk Hisham Othman takes the helm
The newly-minted chairman is laying out plans to navigate REITs through Covid-19
Why are borrowers made to pay for bank template documents?
Datuk Chang Kim Loong: Our contention is, this fee for a standard form has been charged since 2013. Surely, such costs must have been amortised over the years. Must the banks continue to profit from the sale of forms? Isn’t their major source of income derived from giving out loans?
What’s next for UDA Holdings?
President/CEO Mohd. Salem Kailany: We have redesigned our logo to make it sharper and stand out. We also have been engaging more with the public and target markets. We need to let them know who we are, what we have done and what we can do for them in the future
EcoWorld International achieves total sales of RM1.01b as at May 31
EcoWorld International president and CEO Datuk Teow Leong Seng said that apart from an increase in contracts exchanged (SPAs signed), the reservation pipeline has also been growing, a sign of markedly improved sentiment
EcoWorld Malaysia hits 88% of FY2021 sales target in 7 months
Group president and CEO Datuk Chang Khim Wah: This encouraging result, currently driven mostly by local business owners and industrialists, suggests that there are sectors of the Malaysian economy that are continuing to grow even amidst the challenges posed by Covid-19
MBAM urges government to open construction industry supply chain
Master Builders Association Malaysia: Quarries were not allowed to operate, supply of building materials such as aggregates had decreased, and the few ready-mixed concrete batching plants allowed to operate cannot meet the supply of concrete to contractors
DONE DEAL: Three-storey bungalow factory at Bandar Baru Bangi, Selangor
Noteworthy:
● Leasehold
● Built-up: 40,000 sq ft
● Land size: 43,560 sq ft
● Semi-furnished
● Highly accessible via various highways such as North-South Expressway and South Klang Valley Expressway (SKVE)
When: April 2021
Scientex's 3Q2021 net profit surges 57.8% to RM109.9m
The healthy progress of its property segment was catalysed by stronger progress billings from ongoing developments across various states while also enjoying healthy take-up rates from its five newly-launched projects
South Korea’s emart24 launches its first store in Bangsar South
The outlet in Bangsar South is a Reserve Store offering fresh Korean street food, exclusive Korean snacks and K-beauty products.
Lagenda Properties expands landbank with 500 acre purchase in Kuantan
The developer intends to undertake a self-sustainable and affordable township development with the aforementioned land. It will offer a mix of affordable housing and commercial buildings such as single storey semi-detached, single storey terraced houses and shop offices, in addition to other infrastructure and amenities.
