Johor Corp (JCorp) has announced the commencement of key infrastructure developments for the Ibrahim International Business District (IIBD) in Johor Bahru today.
Iskandar Waterfront City Bhd (IWCity) shares fell 7% while Ekovest Bhd dropped 5% on profit taking after the Malaysian Government confirmed IWH CREC Sdn Bhd is allowed to bid for the Bandar Malaysia real estate project again.
Property and power company Tadmax Resources Bhd is confident of a turnaround this year, backed by earnings contribution from its RM1 billion gross development value Mizumi Residences project in Kepong.
Eversendai said it has been executing projects in India from 2009 and has over the years meticulously learned the intricacies of doing business in the sub-continent.
The Malaysian Institute of Estate Agents (MIEA) will be hosting the Asean Real Estate Network Alliance (Arena) Convention and Exhibition 2017 from Aug 25 to 27, 2017.
Some 70% of the 80,000 units of Rumah Mampu Milik Wilayah Persekutuan, or RUMAWIP, targeted to be built in the Federal Territories (FT) have been or are being developed as of May 2017.
We have identified four mega rail projects that will be rolled out over the next two to three years. These include the East Coast Rail Link (ECRL), Kuala Lumpur-Singapore High-Speed Rail (HSR), Gemas-Johor Bahru electrified double-tracking (EDT) project and mass rapid transit 3 (MRT3) Circle Line. Collectively, these mega rail projects will have a total cost of RM171 billion.
Group did not declare any dividend for the quarter under review.
Renewed interest in counter comes amid talk IWH CREC is back in Bandar Malaysia
Iskandar Waterfront City Bhd shares resumed their uptrend in active trade this morning after a frenzy of buying interest in the stock in afternoon trading session pushed up its share price by 29.9%, or 49 sen, yesterday.
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