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Sustainable environment better for construction industry in long run

 

KUALA LUMPUR: The construction industry will benefit from a sustainable environment in the long run even, even if the cost of construction is initially high in a sustainable environment, says Construction
Industry Development Board (CIDB) Malaysia Chairman Datuk Ir Hamzah Hasan.

IJM offers Summer 2-storey terraces in S2 Heights

KUALA LUMPUR: IJM Land Bhd, the property development arm of IJM Corporation Bhd has unveiled the latest phase in its S2 Heights township development in Seremban called Summer.

Its Sales and Marketing senior manager Christine Wong said the Summer has a gross development value (GDV) of RM70 million offering 230 units of double-storey terraced homes on over 22 acres of land.

Ho Hup on the verge of moving on?

KUALA LUMPUR: Early this month, Ho Hup Construction Company Bhd’s share price staged a sharp rally despite a lack of development in the construction outfit.

City&Country: Investing in shops

Investing in shophouses or shopoffices is not for everyone. Unlike buying a residential property,  there is a lot more to consider when buying a shophouse.

City&Country: PPC Glomac upbeat about Aman Putri’s prospects

The government’s plan for a mass rapid transit system in Kuala Lumpur has stirred much excitement at property developer PPC Glomac Sdn Bhd, as the proposed MRT line from Sungai Buloh to Kajang is expected to have an impact on its Aman Putri township in Sungai Buloh.

Jerneh Asia eyes Sabah developer

KUALA LUMPUR: After hiving off its core insurance business in Malaysia, cash-rich Jerneh Asia Bhd has now set its sights on acquiring Sabah-based property developer Sagajuta (Sabah) Sdn Bhd, whose flagship project is the massive 1Borneo mixed development in Kota Kinabalu.

Ibraco sees 1Q net profit of RM2.85m

KUALA LUMPUR: Ibraco Bhd registered a net profit of RM2.85 million for its first quarter ended March 31, 2011 (1Q2011), compared to a net loss of RM1 million the previous year on higher revenue.

KWAP buys first Australia property

KUALA LUMPUR: Kumpulan Wang Persaraan (KWAP), also known as Retirement Fund Inc, has made its first property investment in Australia with the purchase of a freehold building in Melbourne's central business district.