Yongnam buys Johor industrial land to move factory operations
A wholly-owned subsidiary of Yongnam Holdings is buying three parcels of industrial land in Johor for RM46.7 million.
Open tender to be called for KL-Singapore HSR project on Monday
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.
Car park charges at new LRT stations fixed at RM4 per entry from Monday
Prasarana Malaysia Bhd said parking at the ‘park n ride’ facilities at LRT stations in Ara Damansara, Glenmarie, USJ21, Alam Megah, Subang Alam and Putra Heights will be charged at RM4 per entry per day.
Yong Tai on track to bring in HK's Sino Haijing as substantial shareholder
Yong Tai chief executive officer Boo Kuang Loon said the company will seek shareholder's approval for the corporate exercise at its forthcoming extraordinary general meeting (EGM) on Sept 1.
HLIB Research keeps Neutral on property sector, top pick IOI Properties
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.
Immediate support for EcoWorld at RM1.23, says AllianceDBS Research
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.
Kwasa Land announces Naza TTDI as its latest development partner for Plot R2-1
Naza TTDI will work on a 12.7-acre residential development that will comprise 278 residential units in Kwasa Damansara.
MRCB plans private placement to raise up to RM612 mil
Based on an indicative issue price of RM1.24 per placement share, the exercise is expected to raise gross proceeds of between RM443.072 million (minimum scenario) and RM612.08 million (maximum scenario).
TheEdgeProperty.com eats into market share of leaders
TheEdgeProperty.com, which in May launched property portals for Malaysia (www.theedgeproperty.com.my) and Singapore (www.theedgeproperty.com.sg), has seen traffic to the two sites grow by leaps and bounds, especially in September and October.
China firm bags RM2.32 bil STP2 job
E&O said its subsidiary Tanjung Pinang Development Sdn Bhd had issued a letter of award to China Communications Construction Co Ltd’s Malaysian unit China Communications Construction Co (M) Sdn Bhd to undertake the proposed project.
