Auctions on the decline
THE auction market continues to see fewer properties go under the hammer in the second half of 2015, indicating that owners still have strong holding power, according to auctioneers polled by City & Country.
DONE DEAL: Unit at The Z Residence condominium, Bukit Jalil, Kuala Lumpur
Sold for: RM670,000 or RM541 psf Concluded by: K Y Kwek of Hartamas Real Estate (OUG) (019-659 2782) When: September, 2015 Noteworthy * Freehold * Built-up area: 1,238 sq ft * 3 bedrooms and 2 bathrooms * North facing * Infinity swimming pool * Two-tier 24-hour security * Sky lounge * Sauna * Playground * Floating garden The Z Residence is located at Jalan Jalil Perwira 2, Bukit Jalil.
Malton falls 3.09% on poor 1Q earnings
KUALA LUMPUR (Nov 19): Shares of Malton Bhd fell 3.
Malton's 1Q net profit plunges 71.34% on higher project overheads
KUALA LUMPUR (Nov 18): Malton Bhd posted a 71.
MRCB nearing tail end of its restructuring moves
Malaysian Resources Corp Bhd (MRCB) Nov 9 (RM1.
MRCB: Financing for Bukit Jalil sports complex project 'not an issue'
KUALA LUMPUR (Nov 3): Malaysian Resources Corp Bhd (MRCB) has dismissed concerns that the mega projects it is undertaking soon, particularly the rejuvenation of Bukit Jalil National Sports Complex, will strain its cash flow or spike its debt level of 1.
MRCB to see more potential contract wins in 2016
Malaysian Resources Corp Bhd (Oct 29, RM1.
Cash flow issues may arise as MRCB takes on mega jobs
KUALA LUMPUR (Oct 30): Malaysian Resources Corp Bhd (MRCB) may face cash flow issues as it takes on two mega projects worth RM4.
