News by Surin Murugiah

The project includes the construction of 300 units of 1Malaysia Civil Servants Housing (PPA1M), which will be priced between RM150,000 and RM240,000...

The group expects the project, the Eaton Residences, to contribute positively to its earnings during the duration of the 43-month project commencing Dec 1, 2016.

The company said the development will be completed by end-2019…

Sime Darby president and group chief executive Tan Sri Mohd Bakke Salleh said the placement exercise will raise a total of RM2.36 billion for Sime Darby.

The company yesterday entered into a memorandum of understanding with Qingjian International Group Co Ltd to set up a special purpose joint venture company...

On disposal gain, pays 4 sen dividend...

Boustead Holdings Bhd's net profit for the second quarter ended June 30, 2016 (2QFY16) surged to RM225.8 million from RM2.9 million a year earlier, mainly due to the gains on disposal of Jendela Hikmat Sdn Bhd and plantation land.

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.

Tun Razak Exchange master developer TRX City Sdn Bhd (TRX City) is inviting contractors to participate in a pre-qualification exercise for a proposed traffic dispersion and improvement to part of Jalan Tun Razak (JTR), and the construction of the TRX ingress and egress.

IPO will involve the issuance of up to 2.15 billion new shares of RM1 each.