News about AME

PETALING JAYA (Sept 20): To embrace the current challenging market conditions, more developers are assisting buyers with the 10% downpayment and are lower selling prices to boost sales, according to a recent survey by the Real Estate and Housing Developers’ Association Malaysia (Rehda).

PETALING JAYA (Sept 20): The Real Estate and Housing Developers' Association Malaysia (Rehda) recent survey showed that only 31% of respondents had new launches in the first half of the year, representing a 12% drop from 2H16.

The popularity of on-demand services has resulted in more and more industries entering the fray.

PETALING JAYA (Sept 13): Taman Melawati residents are still seeking clarity about plans for a convention centre that will be built on a site earmarked for a central park, following recent remarks by Selangor Menteri Besar Datuk Seri Mohamed Azmin Ali.

KUALA LUMPUR (Sept 13): Investigations into corruption cases in Felda Global Ventures and Felda Investment Corp will be completed by the month-end, said Malaysian Anti-Corruption Commission (MACC) chief commissioner Dzulkifli Ahmad yesterday.

KUALA LUMPUR (Sept 13): The Kuala Lumpur-Singapore high-speed rail (HSR) project is “wide open” to all and both countries will choose the builder based on merit from a tender expected to be opened in December, said MyHSR Corp Sdn Bhd CEO Mohd Nur Ismal Mohamed Kamal (pic), according to a Bloomberg report.

KUALA LUMPUR (Aug 30): LBS Bina Group Bhd's net profit in the second quarter ended June 30, 2017 (2QFY17) jumped 41.

KUALA LUMPUR (Aug 26): Encorp Bhd has appointed former banker Datuk Syed Mohamed Syed Ibrahim as its chairman, replacing Tan Sri Mohd Isa Abdul Samad, who resigned in mid-August amid an anti-graft probe over the purchase of a luxury hotel in Kensington, London.

Sold for: RM7.

KUALA LUMPUR (Aug 23): The world’s largest furniture retailer IKEA will invest RM908 million to set up a regional distribution and supply chain centre in Malaysia to serve the Asean market.