Sunway acquires three student accommodations in the UK for RM203m
KUALA LUMPUR (Nov 1): Sunway Bhd is buying three purpose-built student accommodations in the UK, collectively worth some RM202.
RAM Ratings revises outlook for Widad's RM110m sukuk to 'positive'
KUALA LUMPUR (Oct 25): Widad Group Bhd said RAM Ratings has revised its outlook for Widad Capital Sdn Bhd’s sukuk murabahah programme of up to RM110 million in nominal value, to positive, from stable.
Parkson gets RM2b loan facility for refinancing, working capital needs
KUALA LUMPUR (Oct 23): Parkson Holdings Bhd’s 54.
KTMB appoints new CEO
KUALA LUMPUR (Oct 21): Keretapi Tanah Melayu Bhd (KTMB) has appointed Datuk Ir Kamarulzaman Zainal as its chief executive officer (CEO) effective today, the group said in a statement.
RTS to proceed, but will take some time: PM
KUALA LUMPUR (Oct 17): Prime Minister Tun Dr Mahathir Mohamad confirms today that the government will proceed with the Johor Bahru-Singapore Rapid Transit System (RTS) project, but says “it will take some time”.
Opposition lauds PH lawmaker for urging Putrajaya to revive MRT3
KUALA LUMPUR (Oct 15): Opposition lawmakers today lauded government backbencher Nik Nazmi Nik Ahmad for urging the government to revive the Mass Rapid Transit Line 3 (MRT3).
Lower threshold for foreign buyers: Rehda dismisses claims developers will raise prices
KUALA LUMPUR (Oct 14): The Real Estate and Housing Developers’ Association (Rehda) has dismissed claims that a lowering of the threshold for foreigners to buy property from RM1 million to RM600,000 would lead to developers raising their prices, reported Free Malaysia Today.
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Mammoth Empire sells 61-acre tract in Damansara Perdana to Exsim Development for RM760m: Report
KUALA LUMPUR (Oct 14): Mammoth Empire Holding Sdn Bhd (MEH) has sold a 61-acre tract in Damansara Perdana, Selangor, to Exsim Development Sdn Bhd for RM760 million, reported The Edge Malaysia based on government documents.
Economic Outlook 2020 Report: Malaysian economy to grow 4.8% in 2020 vs 4.7% in 2019
KUALA LUMPUR (Oct 11): Malaysia's real gross domestic product (GDP) is expected to grow by 4.
Upcoming Budget 2020 expected to boost construction job growth
Construction sector Maintain neutral: We expect the upcoming Budget 2020 announcement on Oct 11 to prioritise public transport projects but limited to those already awarded, revised and approved: Light Rail Transit Line 3 (LRT3), Mass Rapid Transit Line 2 (MRT2) and East Coast Rail Link (ECRL).
