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JB home prices rise in 1Q despite election jitters

THE traditional first-quarter lull, coupled with politically-induced anxiety over the economy prior to the general election did not affect home values in Johor Baru's residential market in 1Q2013.

Deal approved but still no CEO for MRCB

KUALA LUMPUR: Shareholders of Malaysian Resources Corp Bhd (MRCB) have approved the RM729 million acquisition of several companies under the Gapurna group but MRCB's search for a new CEO is set to continue.

Foreign construction workers to get registration cards

BUTTERWORTH: The Construction Labour Exchange Centre Berhad (CLAB) will be issuing registration cards for foreign construction workers starting next month.

Its CEO Abdul Rafik Abdul Rajis said the card would be given free to more than 36,000 foreign construction workers within one year as proof they are registered with CLAB.

KHSB to get closer to S'gor govt

SHAH ALAM: Kumpulan Hartanah Selangor Bhd (KHSB) sees the proposed takeover and privatisation of the firm by the Selangor government's investment arm, Kumpulan Darul?Ehsan Bhd (KDEB),?as an advantage. The move will enable KHSB to work more closely with the state government.

Merger between Nadayu and Tambun Indah?

KUALA LUMPUR: Nadayu Properties Bhd and Tambun Indah Land Bhd have both requested that the trading of their shares be suspended today pending release of a material announcement.

Speculation has it that both property developers, which are active in the northern region especially Penang, may be looking at a merger to gain strength.