‘Building materials not the cause of high housing prices’
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
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.
Berjaya Corp active, falls 2.86% on second straight quarterly loss
KUALA LUMPUR (Dec 29): Berjaya Corp Bhd (BCorp) fell 2.
Berjaya Corp posts second straight quarterly loss in 2QFY18
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
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.
China rail firms team up to bid for KL-S’pore high speed rail
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.
Berjaya Land dips 3.85% on poor 2Q earnings
KUALA LUMPUR (Dec 21): Berjaya Land Bhd (BLand), the controlling shareholder of Berjaya Sports Toto Bhd, fell 3.
Provision for impairment of RM155m drags BLand into loss in 2QFY18
KUALA LUMPUR (Dec 21): Berjaya Land Bhd (BLand), the controlling shareholder of Berjaya Sports Toto Bhd, posted a net loss of RM99.
CRCC appointed as main contractor of M101 Skywheel
PETALING JAYA (Dec 19): M101 Holdings Sdn Bhd (M101) has appointed China Railway Construction Corp Malaysia Bhd (CRCC Malaysia) as the main contractor for its RM2.
