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News About China

M101 Skywheel records over RM530m sales in 2017

By Shawn Ng Jan 11

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.

Yong Tai’s Encore Melaka poised to be a success

By AllianceDBS Research Jan 10

Yong Tai Bhd (Jan 9, RM1.65)

‘Building materials not the cause of high housing prices’

By Wong Ee Lin Jan 10

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).

China’s wealthiest woman makes US$2.1 billion in four days

By EdgeProp.my Jan 09

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.

Berjaya Corp active, falls 2.86% on second straight quarterly loss

By Surin Murugiah Dec 29

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.

Berjaya Corp posts second straight quarterly loss in 2QFY18

By Wong Ee Lin Dec 28

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.

Chinese consortium led by CRC to bid for KL-Singapore HSR project

By theedgemarkets.com Dec 27

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.

Chinese court auctions skyscraper for RM344.77m on Taobao

By AFP Dec 26

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).

China rail firms team up to bid for KL-S’pore high speed rail

By EdgeProp.my Dec 26

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.