News about ER

PETALING JAYA (March 3): The global prime real estate is anticipated to grow in FY2022, according to Knight Frank’s The Wealth Report 2022 presented via a webinar on Wednesday.

KUALA LUMPUR (March 3): Berjaya Land Bhd (BLand) has pulled out from the deal to undertake a housing and mixed development project with an estimated gross development value of US$746.

KUALA LUMPUR (March 2): Construction firm TCS Group Holdings Bhd has bagged a RM255 million contract from Remedy Power Sdn Bhd to construct the foundation and main building works of a mixed-use development project in Taman Desa, Kuala Lumpur.

PETALING JAYA (March 2): The Real Estate and Housing Developers’ Association Malaysia (Rehda) is cognisant of the Residential Tenancy Act (RTA) proposed by the Ministry of Housing and Local Government (KPKT), which recently went through a month-long consultancy period with affected stakeholders.

KUALA LUMPUR (March 2): Corporate results are headed in the right direction as the recent December quarter earnings (4Q21) show a slight positive trend, observe analysts.

KUALA LUMPUR (March 2): Plastic parts and metal parts manufacturer Luster Industries Bhd has proposed to buy a 9,554 sq m freehold land in Ara Damansara from the Sime Darby group for RM35 million.

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KUALA LUMPUR (March 1): Ireka Corp Bhd has joined 26 other affected listed issuers under Practice Note 17 (PN17) after Bursa Malaysia Securities Bhd (Bursa Securities) rejected the company's application to extend the relief period, which ended on Feb 26.

PETALING JAYA (March 1): Australia-based international real estate group Lendlease on Tuesday (March 1) appointed Yong Su-Lin (pictured) as the managing director of the Malaysia office.

KUALA LUMPUR (March 1): Boustead Properties Bhd’s Balau Homes in its smart township development Mutiara Hills in Semenyih has seen a 90% take-up rate for its Phase 1A1 and 80% for Phase 1A2.