WZ Satu slashes PR1MA construction company price tag to RM7m

KUALA LUMPUR (May 21): WZ Satu Bhd announced that the price to purchase the entire equity interest in Cekap Semenanjung Sdn Bhd, which -- via Sinergy Dayang Sdn Bhd -- has a contract to build a mixed development property project in Pahang, has been reduced to a cash sum of RM7 million, from RM30 million previously.

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Vizione eyes new govt’s affordable housing projects

KUALA LUMPUR (May 21): Vizione Holdings Bhd, a niche player in the affordable housing sector, finds its business strategy to be in tandem with the new government’s promise to build one million affordable homes across the country within two terms of its administration.

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Maybank Investment: GST zero rate positive but needs more clarity

PETALING JAYA (May 17): Although the imposition of the zero-rated Goods and Service Tax (GST) came earlier than expected, Maybank Investment Bank views the latest announcement by the new Pakatan Harapan (Pakatan) led government as a positive move which could spur the earnings growth of the property development industry.

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‘Business as usual for ECRL’

KUALA LUMPUR (May 17): While the Council of Eminent Persons, set up under the new Pakatan Harapan (PH) government, met heads of infrastructure projects yesterday, it is “business as usual” for the East Coast Rail Link (ECRL) project, a project spokesman told reporters.

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