News about IT

KUALA LUMPUR (Dec 1): ML Global Bhd has appointed Datuk Lim Lit Chek as executive director and chief executive officer (CEO) of the construction company, replacing Chew Wee Seong who has been redesignated as chief operating officer (COO).

KUALA LUMPUR (Nov 30): Developer S P Setia Bhd has expressed its deepest regret on the pedestrian link bridge collapse tragedy which killed one worker, injured five others while another remains unaccounted for.

SINGAPORE (Dec 1): CIMB is maintaining its “add” recommendation and target price of S$4.

KUALA LUMPUR (Dec 1): MWE Holdings Bhd is jointly developing a mixed project estimated to carry a gross development value of RM1.

KUALA LUMPUR (Nov 30): Developer S P Setia Bhd has confirmed that one worker has died due to the collapse of a pedestrian link under construction at its project development site in Abdullah Hukum, near Mid Valley City here.

KUALA LUMPUR (Nov 30): OSK Holdings Bhd's net profit for the third financial quarter ended Sept 30, 2016 (3QFY16), plunged 85.

In an environment where consumer sentiment is weak and new malls are struggling to perform, a shopping centre that is soon to be completed in Selayang, Selangor — Selayang StarCity Mall (SSCM) — is attracting interested buyers, including funds and real estate investment trusts.

SINGAPORE (Nov 29): The Singapore Central Business District has just seen its fourth major office transaction in 2016, after CLSA Capital Partners acquired 77 Robinson Road for S$531 million (RM1.

KUALA LUMPUR (Nov 29): Putrajaya Perdana Bhd's wholly-owned unit Putra Perdana Construction Sdn Bhd has been awarded a RM408 million contract to build Sime Darby Ara Damansara Development Sdn Bhd's Cantara Residences.

PETALING JAYA (Nov 29): ML Global Bhd should see better earnings ahead after consolidating MITC Engineering Sdn Bhd’s business into the company, according to ML Global managing director (MD) Tan Sri Lim Hock San.