GBH's wholly-owned unit GBH Land Sdn Bhd is buying the land, measuring 9,925 sq metres, from Puncak Melati Sdn Bhd

OSK Holdings Bhd has proposed to issue up to 820.31 million bonus shares to reward its shareholders, while expanding its share base.

The Battersea Power Station project is set to receive an additional 40,000 sq ft of office space.

The centre will adopt the structure and technology of IKEA’s biggest regional distribution centre in Germany and will be one of the company’s largest regional distribution centres globally.

The company told Bursa Malaysia that its construction revenue dipped 7% y-o-y for the quarter, while profit before tax shrank 46%.

The revenue fall was due to the property development division’s weaker contribution as it had not launched any new projects because of weak sentiments.

Mah Sing has reported an asset turnover ratio of 49% on average for the past five years.

The award is evaluated based on the company's compound profit before tax growth for a period of three years, whereby S P Setia did not pose any losses throughout the period.

TSI Domain Sdn Bhd plans to launch its second residential project in Kepong, Kuala Lumpur by end-September.

The property arm of Sime Darby Bhd was awarded for various products in its townships including Bandar Bukit Raja and City of Elmina in Selangor; and Bandar Ainsdale and Nilai Impian in Negeri Sembilan.