SunCon to clinch RM1.5b-RM2b new construction jobs in 2018, says Affin Hwang
KUALA LUMPUR (May 3): Sunway Construction Group Bhd (SunCon) is expected to secure between RM1.
Prasarana’s ex-CEO takes helm of YTL THP JV
KUALA LUMPUR (May 3): YTL THP JV Sdn Bhd, a joint venture between Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd and TH Properties Sdn Bhd, has appointed former Prasarana Malaysia Bhd president and chief executive officer (CEO) Datuk Seri Azmi Abdul Aziz (pictured) as the company’s CEO.
Aspen and Singapore’s Oxley in strategic partnership via share placement
PETALING JAYA (April 30): Singapore-listed property developer Aspen (Group) Holdings Ltd has entered into a placement agreement with Oxley Holdings Ltd, a Singaporean property developer, to raise about RM69 million in gross proceeds for the acquisition of landbank, future developments and working capital.
S P Setia, Setia Haruman undertake 2nd Cyberjaya development with RM650m GDV
KUALA LUMPUR (April 27): S P Setia Bhd has acquired 57 acres of freehold land in Cyberjaya, Selangor from Setia Haruman Sdn Bhd, the master developer of Cyberjaya, for RM177.
Gamuda appoints Rashdan Yusof new deputy group managing director
KUALA LUMPUR (April 27): Mohammed Rashdan Yusof has been appointed deputy group managing director (MD) of Gamuda Bhd effective May 1, and will head its property business.
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More than just renting a place
Inspired by the co-working trend, people are now more open to the idea of space-sharing with strangers.
Ikhmas’ audited FY17 profit 51.5% lower than reported earlier
KUALA LUMPUR (April 27): Engineering and construction group Ikhmas Jaya Group Bhd’s audited results for its financial year ended Dec 31, 2017 (AFS 2017) have a variance of RM7.
High-end condo sales expected to slow this year
PETALING JAYA (April 26): With the current freeze on new approvals for luxury residential properties, developers are focusing on launching more affordable units and clearing completed unsold stock, said property consultancies Edmund Tie & Co (SEA) Pte Ltd and Nawawi Tie Leung Property Consultants Sdn Bhd.
AmFirst REIT CEO to step down on July 27
KUALA LUMPUR (April 26): AmFirst Real Estate Investment Trust (AmFirst REIT) chief executive officer (CEO) Wong Khim Chon will be stepping down from his post on July 27.
