Sold for: RM7.8 million; Concluded by: Shawn Fernandez (E2445) of Fernstate Sdn Bhd (012-288 1251); When: June 2017

IKEA’s new regional distribution and supply chain centre will be located in Pulau Indah, Selangor and will be the world’s third-largest IKEA distribution centre.

S P Setia president and CEO Datuk Khor Chap Jen: If there is any single attribute that stands out from our win, I would say it is teamwork. Teamwork is always the hallmark of Setia’s culture.

Freezing the development of new shopping malls would further dampen the already slow economy in the country.

EcoWorld first made it to the list in 2015 as one of the top employers in Malaysia and went on to clinch the top overall spot as “Best of the Best Employers in Malaysia” in 2016 and this year.

"The witnesses involve both Malaysians and foreigners who are abroad."  

Going forward, WCT said the engineering and construction division is expected to continue to build on its strong order book after securing about RM2 billion worth of new contracts in FY16

SHL Consolidated Bhd's joint venture with Japan-based Marubeni Corp is looking at tapping into Myanmar's affordable housing market.

Offering 583 units with built-up sizes ranging from 960 sq ft to 1,173 sq ft, the 2-wing 40-storey condominium is scheduled to be completed in 2021 and is priced at RM500 psf onwards.

Matrix Concepts told Bursa Malaysia today that higher selling and marketing expenses and finance cost also curbed profit growth.