Eco World International gets SC nod for Bursa listing
IPO will involve the issuance of up to 2.15 billion new shares of RM1 each.
Go India, CIDBH chair tells Malaysian construction companies
CIDB Holdings Sdn Bhd (CIDBH) chairman Datuk Seri Dr Judin Abd Karim said while the global economy is slowing down, India is bucking the trend and the country offers a lot of opportunities to Malaysian companies.
‘Mortgage rejection rates not as high as 50%’
Maybank president and CEO Datuk Abdul Farid Alias, who is also chairman of the Association of Banks Malaysia, refuted claims that the rejection rate of housing loans has soared above 50% among the banks.
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Construction achieves 2016 record job flows
Based on 1Q16 data alone, 2016 is already a record year for job flows. 1Q16 contract awards have already surpassed the previous full-year high of RM28 billion in 2012.
Eastern & Oriental’s UK IPO delayed by Brexit concerns
Market uncertainties due to Brexit concerns have delayed E&O’s plan to list its UK operation on the London Stock Exchange’s Alternative Investment Market as potential investors are cautious about new initial public.
Gabungan AQRS to sell land for RM50 mil to reduce gearing
Gabungan AQRS said the land holds a 99-year lease expiring in 2112 under the “building” land use category.
MyDeposit programme starts now, says Najib
The scheme is open to those with a household income of below RM10,000, seeking to buy houses priced at RM500,000 or less.
Imbalanced property market may have negative repercussions – Part 3: Retail segment
Similarly, signs of oversupply are emerging in the retail sector in major urban areas, particularly in Penang, Johor and the Klang Valley.
PROPERTY SNAPSHOT 4: What’s hot in Sentul?
Average prices have grown across the market. The highest relative price growths were observed among the mid-cost properties, in part due to their lower capital bases. The top three performers are located in Bandar Baru Sentul, led by Pangsapuri Bandar Baru Sentul, Pangsapuri Villa Angkasa and Menara Orkid, with average transacted prices up 38% y-o-y, 25.9% y-o-y and 24.9% y-o-y, respectively.
