Bina Puri said it secured the project through its wholly-owned subsidiary, BP Energy Sdn Bhd.

At 9.15am, IWCity rose 5 sen to RM1.37 with 2.49 million shares done.

Ekovest Bhd has issued a takeover notice to buy a 62% stake in Iskandar Waterfront City Bhd (IWCity) at RM1.50 per share via a cash or a one-for-one share swap deal, and to take the latter private.

The rapid rise of Malaysia’s real housing prices since 2008 could be a source of future instability, the World Bank said in a recent report.

The subsidiary will undertake bored piling, pilecaps and substructure works for four 37-storey blocks of apartments, an eight-storey podium for retail and office space, as well as car park.

Kuala Lumpur city centre’s prime office rents have decreased 0.4% q-o-q in 3Q17.

The German capital has piqued the interest of various nationalities, from the US to the UK…

Paris tops the list of cities with most growth potential, with a projected 9% price growth following years of slow capital appreciation as it benefits from the Eurozone’s improved economic outlook.

On Friday, #Gamuda reported a higher net profit of RM203.02 million in the first quarter ended Oct 31, 2017 (1QFY18) from RM162.15 million a year earlier.

Industry sources say the agreed price is close to A$67 million.