Decline in property sales continues in 3Q2016
PETALING JAYA (Dec 7): The negative trend in the property sector continues as the third quarter of 2016 registered a decline of 8.
Penang property market not immune to the general malaise
PENANG Island, in particular, has been seeing a lively and resilient property market for a long time.
KL-Singapore HSR progressing well, agreement to be signed next week, says Najib
ISKANDAR PUTERI (Dec 6): Prime Minister Datuk Seri Najib Tun Razak (pictured) has described the progress of the Kuala Lumpur-Singapore High-Speed Rail (HSR) as "well and good", Bernama reported today.
Mammoth Empire confirms crane toppled at construction site, no casualties
PETALING JAYA (Dec 6): Mammoth Empire Construction Sdn Bhd, a subsidiary of Mammoth Empire Holding (Mammoth Empire), has confirmed that a mobile crane had overturned yesterday at its Empire City Damansara construction site located in Damansara Perdana.
Oxley enters Australia with 40% stake in local construction company
SINGAPORE (Dec 6): Oxley Holdings is acquiring a 40% stake in a Western Australia-based property and construction company, Pindan Group, for A$32 million (S$34 million or RM106.
Battle of Singapore property plays in a risk-averse environment
SINGAPORE (Dec 6): Maybank Kim Eng is maintaining a “neutral” stance on Singapore’s property sector while positioning defensively at the lower end of the risk spectrum, expressing a preference for exposure to stable platforms over trading portfolios.
Bina Darulaman up 1.56% on 3Q earnings, property launch plans
KUALA LUMPUR (Dec 6): Bina Darulaman Bhd (BDB) shares rose 1.
REITs’ target prices revised downwards on higher MGS yield
Real Estate Investment Trusts Maintain neutral call: Malaysian government securities (MGS) yield spiked in November to above 4.
Pesona seen as beneficiary of Greater KL project
Initiate buy call with a target price of 81 sen: Pesona Metro Holdings Bhd’s new job wins have totalled RM1.
George Kent 3Q net profit almost doubles to RM23.74 mil
KUALA LUMPUR (Dec 6): George Kent (M) Bhd’s net profit jumped 96.
