News about ER

KUALA LUMPUR (April 13): Bio Osmo Bhd shares rose as much as two sen or 40% to seven sen on news substantial shareholder Datuk Seri Farouk Abdullah is proposing to inject hotels currently parked under his private vehicles into Bio Osmo under a cash and share deal.

PETALING JAYA: Kuala Lumpur-based TPPT Sdn Bhd is launching the first block of its latest condominium project, Emerald Residence at Teluk Kumbar Heights, Penang island this weekend.

GEORGE TOWN (April 13): A civil society coalition wants the next government in Penang to stop the practice of approving land reclamation deals in exchange for infrastructure projects.

KUALA LUMPUR (April 13): Kerjaya Prospek Group Bhd yesterday announced that it has secured a contract worth RM357.

KUALA LUMPUR (April 12): KLCCP Stapled Group (KLCCP), which comprises KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (REIT), said KLCC Holdings Sdn Bhd — its parent company — had formed a joint venture with a third party to develop its first transport oriented development (TOD).

PETALING JAYA (April 12): UEM Sunrise Bhd’s first project in Australia, Conservatory in Melbourne, is now in the completion stage, with apartment units from the first phase to be handed over to purchasers beginning end-September.

KUALA LUMPUR (April 12): The construction of the high-impact East Coast Rail Link (ECRL) in Kelantan is progressing slightly ahead of schedule according to Malaysia Rail Link Sdn Bhd (MRL), which is optimistic about the economic spin-offs the connection will bring to the region.

KUALA LUMPUR (April 11): TTDI Residents’ Association (RA) stood firm on their decision to oppose the redevelopment of Tadika Diyana even after discovering that the land occupied by the institution carries commercial status, on concerns that it will reduce the community’s quality of living.

KUALA LUMPUR (April 11): MRCB-Quill REIT (MQREIT) is confident of maintaining its performance at a desirable level despite facing oversupply issues in the office space market.

KUALA LUMPUR (April 11): YFG Bhd has bagged an RM55 million contract to build 418 units of one-storey houses for the Angkatan Tentera Malaysia Negeri Sembilan housing scheme in Tampin, Negeri Sembilan.