News by M

IWH also gave its consent for Ekovest to take IWCity private should the latter intend to after the takeover exercise.

He will ask Najib to allow luxury property projects in major cities.

At 9.03am, MRCB rose 1.98% to RM1.03, while Gamuda added 0.65% to RM4.65.

Both parties inked an agreement yesterday to set up an unincorporated consortium on a 50:50 basis to participate in the tender.

As higher sales recognition from its property development projects was offset by lower profits from its construction operations.

The conversion rate for sales in the primary market has gone to over 63% in 2017 from 50% in 2016.

Awareness of location and proper management are vital.

The GE must be called by August next year.

MBSB is of the opinion the Malaysian property segment is in “a bit of a glut”.

After a challenging environment that has dragged on since 2013.