News by Sulhi Khalid

A total of 180,702 units remained unsold in the third quarter of 2021, compared with 181,463 in the second quarter, BNM noted in its Financial Stability Review for the second half of 2021.

In its Financial Stability Review for the second half of 2021 report published on Wednesday (March 30), the central bank said on an annual basis, the growth in housing loans taken by owner-occupiers continued to outstrip that by household investors. 

In a statement on Thursday (March 24), the construction group said Liew's appointment is part of the group's succession plan.

In a note on Tuesday (March 22), the research house said it is optimistic on the rental prospects of this asset as quality office space is highly sought after with the expansion of regional technology/telecommunication sectors in recent years.

In a Bursa Malaysia filing on Thursday (March 17), the property developer’s quarterly revenue ticked higher by 5.14% to RM533.42 million from RM507.35 million, arising from cost savings on completed and near completion phases. 

“TAFI Group had decided to dispose of the said factory as it will be more economical and cost-efficient to purchase the finished laminated boards or to sub-contract out the lamination process."

HSBC Bank Malaysia chief executive officer (CEO) Stuart Milne said about 5,000 employees will be based in the new head office in the TRX.

The direct business transaction took place on March 4, LBS Bina said in a Bursa Malaysia filing.

Speaking at the launching event on Thursday (March 3), the tycoon and founder of Berjaya Corp Bhd said YMFH was established to facilitate affordable housing for Malaysians, with the aim of enabling more Malaysians, specifically those in the bottom 40% income group (B40), to own their own homes by promoting and supporting innovative solutions to address the affordability of homes and helping these communities develop sustainability in a holistic way.

The group saw its net profit jump three-fold to RM793.42 million for the cumulative nine months ended Dec 31, 2021 (9MFY22) from RM247.76 million a year ago, even though revenue came in lower by 4.7% to RM3.18 billion from RM3.33 billion in 9MFY21 due to lower construction activities as a result of the Covid-19 lockdown.