PPESW-BPSB JV clinches Pan Borneo Highway job
KUALA LUMPUR (July 26): A joint venture (JV) between Bina Puri Holdings Bhd and Cahya Mata Sarawak Bhd yesterday received and accepted a letter of award from Lebuhraya Borneo Utara Sdn Bhd for the proposed development and upgrade of Pan Borneo Highway in Sarawak for a contract sum of RM1.
Public Bank lowers BR, BLR by 23 bps
KUALA LUMPUR (July 26): Public Bank Bhd announced yesterday that it will reduce its base rate (BR) and base lending rate (BLR) or base financing rate by 23 basis points (bps) from tomorrow onwards, following Bank Negara Malaysia’s (BNM) move to cut the overnight policy rate by 25 bps to 3%.
A new landmark in Bangsar
THE Malaysian Institute of Architects’ (PAM) new headquarters in Jalan Tandok, Bangsar, called PAM Centre, exudes a minimalist feel.
PAM launches Architecture Exhibition
PETALING JAYA (July 25): The Malaysian Institute of Architects (PAM) has launched its Architecture Exhibition in conjunction with the Kuala Lumpur Architecture Festival 2016 (KLAF 2016) and the soft launch of the new PAM centre at Jalan Tandok.
LEKAS-EcoMajestic interchange to officially open in Aug or Sept
PETALING JAYA (July 22): The LEKAS-EcoMajestic interchange will officially open in August or September, said Eco World Development Group Bhd (EcoWorld) president and CEO Datuk Chang Khim Wah.
50 Cent trying to sell mansion, slashes price again
KUALA LUMPUR (July 22): It is hard times for American rapper 50 Cent.
Kerjaya Prospek hits all time high on new job, earnings upgrade
KUALA LUMPUR (July 20): Shares in Kerjaya Prospek Group Bhd rose as much as 3% to hit its historical high in early trades today, after the group secured a RM214 million construction contract and declared a four sen dividend.
Sizing up SC’s proposed changes to REIT rules
REAL estate investment trusts (REITs), as prospective property buyers, not only provide a new source of deals but is also an avenue for banks to cut property-related lending exposure as developers raise cash from property disposals to relieve their stretched balance sheets.
Five reasons to NOT participate in EC World REIT’s IPO
SINGAPORE (July 19): Religare is recommending investors “do not participate” in the upcoming Singapore initial public offering (IPO) for EC World REIT, citing a number of downside risks.
