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Matrix Concepts sees new property ruling to boosts GDV

PETALING JAYA: Matrix Concepts Holdings Bhd said the Negeri Sembilan government’s move to change its affordable housing policy and bumiputera quota will enable a project’s gross development value (GDV) to increase, in a report by The Edge Malaysia (June 29 – July 5 2015 issue),

Acmar’s hotel rescheduled to be completed next year

KLANG (JUNE 30): The construction of the much anticipated five-star hotel, Acmar Hotel and Residence in Klang, Selangor, has hit regulatory snags and its completion is expected to be delayed by at least three months to first quarter of next year, said Acmar International Group.

Scientex buys land in JB for RM219 million cash

Scientex managing director Lim Peng Jin said the company remains optimistic on sustained demand for residential properties in Johor despite the generally dampened market sentiment.

Sunway Construction Group sets dividend policy of 35%

Sunway Construction Group Bhd (SCG) has set a dividend policy of paying out 35% of its annual core profit once it has been listed to enable its shareholders “to participate in the group’s profit”, according to its prospectus of its initial public offer