News by M

The tender is open to firms who have advised on large public-private partnership infrastructure projects including HSR projects of similar size and complexity or firms with experience in providing project management, technical, commercial or legal advisory services relating to HSR and/or rail projects of 200km of track.

The collaboration enables Allianz Life Insurance and Allianz General Insurance Co to underwrite three insurance schemes for IJM Land homebuyers for 36 months from the date of signing of the sales and purchase (S&P) agreement, at no additional cost

This marks the hospitality brand’s third property in Malaysia after Le Meridien Kuala Lumpur and Le Meridien Kota Kinabalu.

In a statement, IGB Corp Bhd said its executive director Tan Boon Lee and Marriott International asset management vice president Daphne Tan have inked a management agreement (MA) on the continuation of the hotel's management.

The HSR, to traverse 350km between both countries, is expected to be up and running by 2025.

MyHSR Corp Sdn Bhd is currently working with the Malaysian federal and state governments and authorities to determine the best locations for the Kuala Lumpur-Singapore High Speed Rail (HSR) stations.

Pos Malaysia Bhd, whose share price has risen 16% this month, is looking to monetise its land bank assets, said its group chief executive officer Datuk Mohd Shukrie Mohd Salleh.

Matrix chairman Datuk Mohamad Haslah Mohamad Amin said demand for residential homes in Bandar Sri Sendayan continues to be robust, due to the increasing appeal of the integrated township and affordable pricing.

Rise in net profit was offset by a 33.9% decline in the property sector’s profit to RM5.1 million from RM7.8 million in 3QFY15

Paramount is also finalising plans for the roll-out of its new development on its 8.09ha tract in Batu Kawan, Penang, which carries a gross development value (GDV) of RM1.3 billion over a 10-year period.