KUALA LUMPUR: Despite opposition by some residents in Selangor over the proposed Kinrara-Damansara Expressway (Kidex), the highway operator, Kidex Sdn Bhd, says the project will bring about immense spillover economic benefits to the Petaling Jaya-Puchong area.

KUALA LUMPUR: Construction firm Mitrajaya Holdings Bhd’s order book is at an all-time high of RM1.2 billion. With that the company is positive on churning out strong earnings growth at least in the next two years.

KUALA LUMPUR: Bina Puri Holdings Bhd’s reliance on its construction business for most of its existence has made its margins razor thin. But this could change in the coming years.

KUALA LUMPUR: Ken Wong Architect was the biggest winner at the Malaysian Institute of Architects (PAM) Awards 2014. The architecture firm took home two gold awards and two silver awards during the awards ceremony on Saturday. The PAM Awards is the premier award for architecture in Malaysia and is held annually.

PETALING JAYA: Eco World Development Group Bhd’s flagship township EcoMajestic in Semenyih, Selangor saw a take-up of  95% on its launch day.

IT IS common knowledge that Malaysians love to shop. That’s evident from the crowds that pack shopping malls in the Klang Valley every weekend, and pretty much every day at major shopping centres such as Mid Valley Megamall and Suria KLCC.

THE Asia Pacific Real Estate Association (APREA), which represents and promotes real estate investment trusts in Asia-Pacific, says REITs in the region will see an improvement in their operations and management if regulations are standardised.

THE prices of prime development land in the Southeast Asian capitals of Kuala Lumpur, Bangkok, Jakarta and Phnom Penh grew faster than those in the mature markets of Hong Kong, Singapore and Tokyo, according to the Knight Frank Prime Asia Development Land Index released last month.

KUALA LUMPUR: Ecoworld Development Group Bhd’s net profit for the second financial quarter ended March 31, 2014, fell 61% to RM2.57 million from RM6.67 million in the previous corresponding quarter.

Revenue fell to RM26.85 million from RM33.54 million a year ago.