News about IT

KUALA LUMPUR (Nov 2): Tan Sri Lim Siew Choon, the man behind the Pavilion Group, has been appointed executive chairman of WCT Holdings Bhd with immediate effect.

KUALA LUMPUR (Nov 2): Pesona Metro Holdings Bhd has bagged the construction job to build Central Plaza @ I-City in Shah Alam, Selangor valued at RM488 million.

SHAH ALAM (Nov 1): S P Setia Bhd has opened its newly completed 11,800 sq m Setia City Convention Hall 1&2 at Setia City Convention Centre in Setia Alam, Shah Alam to cater to a growing demand for meetings, incentives, conventions and exhibitions (MICE) activities.

KUALA LUMPUR (Nov 1): Mitrajaya Holdings Bhd has bagged a contract worth RM74.

SINGAPORE (Nov 1): DBS Vickers Securities is maintaining its “buy” call on Starhill Global REIT (SGREIT) with an unchanged target price of 87 Singaporean cents, while CIMB Securities is reiterating its “hold” call on the REIT, lowering its target price from 86 cents previously to 81 cents.

SINGAPORE (Nov 1): The slowdown continues for Singapore’s property developers and real estate investment trusts (REITs), according to 3Q16 data by the Urban Redevelopment Authority (URA).

KUALA LUMPUR (Nov 1): The occupancy rate of offices in Kuala Lumpur city has fallen to 83% from nearly 90% in 2H2015.

KUALA LUMPUR (Nov 1): Shares of Ekovest Bhd rose 2.

Pavilion Real Estate Investment Trust (PavREIT) may be looking at buying developmental projects, possibly Pavilion Bukit Jalil and Pavilion Damansara Heights, taking advantage of the new guidelines proposed by the Securities Commission Malaysia (SC), which will allow the participation of REITs in greenfield projects.

PETALING JAYA (Oct 31): Malaysian Resources Corp Bhd (MRCB) will be launching its Kalista Park Homes in Bukit Rahman Putra, Sungai Buloh this November.