Fake islands could be economic trouble, says report
KUALA LUMPUR (Sept 4): Two mega projects are in the local news, lately.
China homebuyers greatly attracted to Malaysia
KUALA LUMPUR (Sept 4): The recent statement made by Prime Minister Tun Dr Mahathir Mohamad concerning foreign buyers in the Forest City (pictured) mega project in Johor has cast the limelight on home purchasers from the Middle Kingdom.
Vertice and Vizione advance after JV lands RM815m contract in Penang
KUALA LUMPUR (Sept 4): Shares in Vertice Bhd and Vizione Holdings Bhd rose this morning after a joint venture between the two companies won a RM815 million contract from Consortium Zenith Construction Sdn Bhd to undertake construction work for a package in the Penang mega infrastructure project.
Penang mega infrastructure job for Vertice-Vizione JV
KUALA LUMPUR (Sept 4): A joint venture (JV) between Vertice Bhd and Vizione Holdings Bhd has won a RM815 million contract from Consortium Zenith Construction Sdn Bhd to undertake construction work for a package of a Penang mega infrastructure project.
Kerjaya Prospek 1HFY18 profit below expectations
Maintain market perform with a lower target price (TP) of RM1.
PNB arrangement seen unlocking Media Prima’s property value
Media Prima Bhd (Sept 3, 45 sen) Maintain neutral with a higher target price of 49 sen: Media Prima Bhd’s second quarter of the financial year ended June 30, 2018 (2QFY18) revenue grew 4.
Menara UOA Bangsar former management committee resumes duty as temporary caretaker
PETALING JAYA (Sept 3): The former management committee of Menara UOA Bangsar was instructed by Dewan Bandaraya Kuala Lumpur's Commissioner of Buildings (COB) to resume their duty as interim caretakers of the building for two months, according to Henry Butcher Malaysia (Mont Kiara) Sdn Bhd executive director Low Hon Keong.
Plaza Rakyat lot owners: Why is DBKL ‘no longer involved’ in 20-year stalled project?
KUALA LUMPUR (September 3): Plaza Rakyat lot owners are unhappy that Kuala Lumpur City Hall (DBKL) has “washed its hands of” compensation of the stalled project.
Johor Govt: 30pc Malaysian quota for Forest City
ISKANDAR PUTERI (September 3): The Johor state government has proposed to reserve 30% of properties in the Forest City project for Malaysians, amid concerns of mainland Chinese immigrating to the state, reported the Malay Mail.
Govt to develop guidelines for foreign ownership of Forest City properties
PETALING JAYA (Sept 2): Putrajaya will come up with more explicit guidelines related to foreign purchases of properties into the RM410 billion-Forest City in Johor to help investors avoid making risky decisions, said Housing and Local Government Minister Zuraida Kamaruddin.
