New Ruling: Councillors to declare involvement in projects
This is part of efforts to make state governance more transparent.
Stronger quarters ahead expected for Hock Seng Lee
1HFY18 net profit grew by a third year-on-year (y-o-y) thanks largely to stronger construction profit as the three key projects started to contribute more significantly, coupled with a slight improvement in property profit.
Magna Prima 1H profit within expectations
We expect either weaker sales of inventories or the possibility of more discounts to be given out in 2HFY18, which may result in a lower bottom line due to a challenging property market.
Reduced scale seen for some of LRT3 stations for SunCon
The company has outstanding tenders in excess of RM4 billion, comprising mainly external building jobs.
Balakong by-election: Pakatan Harapan candidate wants to fix infrastructure
“Proper infrastructure upgrades and planning will increase overall happiness of the local people with the issue being raised frequently."
Former Perak MB Nizar: I was able to issue freehold titles without problem
It was reported on Monday, that the Perak government is not allowed to grant permanent (freehold) ownership status to new villages.
Developer cashflow squeezed by longer retention sum period for defect and liability repairs
The HDA stipulates that a sum of money retained for developers to perform repairs during the two-year defect liability period which is equivalent to 5% of the selling price be held by law firms.
Five Johor homes razed, leaving 11 people homeless
No one was injured, as all residents were able to save themselves from any danger.
Penang’s ferries sail into choppy future
“Why would Prasarana spend millions to expand the terminal when the service is running at a loss and the RM90 million allocation is merely to sustain the existing operation?” said a former state executive councillor.
