News About China
PETALING JAYA (Jan 11): M101 Holdings Sdn Bhd’s RM2.2 billion M101 Skywheel development at Kampung Baru, Kuala Lumpur, has achieved over RM530 million sales in 2017.
KUALA LUMPUR (Jan 10): The prices of four most-utilised building materials, namely steel, cement, ready-mixed concrete and sand, are not the contributing factors in rising housing costs, says the Malaysia Competition Commission (MyCC).
PETALING JAYA (Jan 9): Yang Huiyan – the controlling shareholder of Country Garden Holdings Co, and China’s richest woman — saw her wealth burgeon by US$2.1 billion (RM8.42 billion) thanks to a share surge within the first four trading days of the new year, reported Bloomberg.
KUALA LUMPUR (Dec 29): Berjaya Corp Bhd (BCorp) fell 2.86% in active trade early today after the company posted its second straight quarterly loss yesterday, mainly due to provision for the impairment of a portion of the balance sales proceeds from the sale of the Great Mall of China project in China and the loss arising from the partial disposal of an associated company.
KUALA LUMPUR (Dec 28): Berjaya Corp Bhd (BCorp), controlled by tycoon Tan Sri Vincent Tan, posted its second straight quarterly loss today, mainly due to provision for the impairment of a portion of the balance sales proceeds from the sale of the Great Mall of China project in China and the loss arising from the partial disposal of an associated company.
PETALING JAYA (Dec 26): A consortium led by China Railway Corp (CRC) including at least eight companies such as China Communications Construction Co Ltd, China Investment Corp and the Export-Import Bank of China intends to submit a proposal for the Kuala Lumpur-Singapore High-Speed Rail project, Caixin reported.
BEIJING (Dec 26): A Chinese court is auctioning a skyscraper on the country's largest e-commerce website -- with a sky-high starting price of 553 million yuan (RM344.77 million).
PETALING JAYA (Dec 26): China Railway Corporation, the republic’s railway operator, will collaborate with China Railway Group Ltd, China Railway Construction Corp Ltd, China Communications Construction, CRRC Corp Ltd and other firms to bid for the Kuala Lumpur-Singapore high speed rail (HSR) project.