DONE DEAL: 11 Mont’Kiara condominium, Kuala Lumpur
Sold for: RM2 million (RM738 psf); Concluded by: May Hwa (REN 02007) of Reapfield Properties Sdn Bhd (017-249 1112); When: Feb 2016
EcoWorld named 2016 ‘Best of the Best Employers’ by Aon Hewitt, TalentCorp
Eco World Development Bhd was named the ‘Best of the Best Employers’ by global talent consultancy Aon Hewitt, at the Aon Best Employers — Malaysia 2016 awards.
Setia EcoHill enhances township with R.E.A.L Kids
S P Setia Bhd’s unit, Setia EcoHill Sdn Bhd, has inked an agreement with R.E.A.L Education Group Sdn Bhd to have its early childhood education provider R.E.A.L Kids set up a centre at Setia EcoHill in Semenyih.
Mah Sing ready to acquire more land going forward
Even with 2,492 acres of land already in hand, Mah Sing Group Bhd has hinted at its desire to continue amassing land or seeking more joint venture initiatives to develop more homes in the future.
Malaysia’s July inflation slowest in 16 months
The latest data from the Statistics Department shows that the inflation, as measured by the Consumer Price Index (CPI), eased further to 1.1% y-o-y in July from 1.6% y-o-y in June. The reading came in slightly below consensus expectations of a 1.2% increase.
IJM banking on construction for FY17 growth
CEO expects RM2b order book target for the year to be surpassed
Hua Yang sees flat FY17 earnings
It aims to pay out 25% to 30% of its net profit as dividends while conserving cash for landbank replenishment.
WCT hopes to raise RM500 mil from building disposals
WCT reiterated its guidance for RM2 billion job wins in financial year 2016 (FY16).
TM, Aspen Group collaborate for Smart City services development in Aspen Vision City
Telekom Malaysia Bhd (TM) is collaborating with Aspen Vision All Sdn Bhd, a subsidiary of Penang-based Aspen Vision Development Sdn Bhd (Aspen Group), to facilitate the deployment of Smart City services and converged IT and ICT services for the Aspen Vision City development in Bandar Cassia, Batu Kawan, Penang.
