News by M

Urban Wellbeing, Housing and Local Government minister Datuk Seri Abdul Rahman Dahlan explained that the cases involved technical claims such as defects in the workmanship or the failure to comply with specifications and non-technical claims such as delays in handover to purchasers.

Borneo744 will serve as a creativity and innovation hub to attract industry players under one roof to generate a greater creative relationship. 

Battersea Power Station's development accounts for 8% to 27% of CIMB IB's FY16 and FY17 EPS forecasts, respectively, for S P Setia.

According to TRX City’s 2015 annual report, which was filed with the Companies Commission of Malaysia on April 1, the sharp drop in earnings was due to an almost tripling of “other expenses” to RM158.85 million, from RM55 million.

In a note today, the research house said that New South Wales (capital city: Sydney) will be proposing a stamp duty surcharge of 4% in its 21 June’s Budget following the move by Victorian and Queensland.

In its evening edition yesterday, the research house said EcoWorld continued to trade below the 20-day and 50-day moving average lines in the last two days after spending five days between the same two MA lines.

Bandar Malaysia Sdn Bhd has obtained funding for its massive project with the setting up of a fund backed by leading Chinese and Malaysian banks, with an asset base exceeding US$13 trillion.

It said it is looking at launching new phases of mostly terrace houses throughout the Klang Valley and Johor, as well as upscale products such as semi-detached units in Saujana KLIA.

The refund would amount to RM159.25 million, which comprises a RM156.25 million initial payment for the purchase and lease consideration, and RM3 million earnest deposit, for the 182ha plot of land on which the mixed development was planned.

Its chairman Tan Sri Isa Samad said the project will be a strategically placed development. The project is on 640.98 acres (259.4ha) of land, which is one of the largest parcels available in Melaka now.