News about IT

PETALING JAYA (Jan 15): The 10 winners of the 11th Malaysian Property Summit 2018 have been chosen, following a contest that ran from Dec 14, 2017 to Jan 11, 2018.

KUALA LUMPUR (Jan 15): The Mofaz group of companies has set out towards what would be its maiden listing in at least three years’ time via its property and construction business after acquiring a majority stake in a Chinese family-owned contractor.

KUALA LUMPUR (Jan 12): Paramount Corp Bhd is buying 41.

PETALING JAYA (Jan 12): The overall property market has been depressed by shrinking demand and oversupply across the residential and commercial property sectors, said industry experts.

AYER Holdings Bhd (Jan 11, RM6.

KUALA LUMPUR (Jan 11): LBS Bina Group Bhd had today launched its first property project in 2018, a planned RM954.

KUALA LUMPUR (Jan 11): MCT Bhd, which recently received a takeover offer from its major shareholder Regent Wise Investments Ltd (RWIL) at 88 sen per share, said it will not seek an alternative person to make a takeover offer for the offer shares.

KUALA LUMPUR (Jan 11): Putrajaya’s orders to indefinitely freeze approvals for four types of developments is an “excessive demonstration of government powers to suppress the free market”, said the Institute for Democracy and Economic Affairs (IDEAS) in a statement.

Mitrajaya Holdings Bhd (Jan 10, 97 sen) Maintain buy with a higher cum/ex-target price of RM1.

KUALA LUMPUR (Jan 10): Penang-based property developer Ewein Bhd confirmed that its group managing director Datuk Ewe Swee Kheng has been remanded by the Malaysian Anti-Corruption Commission (MACC) to facilitate and assist in the graft probe in relation to the Penang undersea tunnel project in Penang.