Cash flow issues may arise as MRCB takes on mega jobs
KUALA LUMPUR (Oct 30): Malaysian Resources Corp Bhd (MRCB) may face cash flow issues as it takes on two mega projects worth RM4.
DBKL to sell Plaza Rakyat to Profit Consortium for RM740 mil, says Tengku Adnan
KUALA LUMPUR (Oct 29): The Kuala Lumpur City Hall (DBKL) will sell the land on which the Plaza Rakyat project was located to Profit Consortium Sdn Bhd for a consideration of RM740 million, said Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor.
PR1MA projects in the Klang Valley received highest demand
VIEW VIDEO PETALING JAYA (Oct 29): Perbadanan PR1MA Malaysia (PR1MA) projects in the Klang Valley have received the highest number of applicants of middle income earning between RM2,500 and RM10,000 a month, said PR1MA CEO Datuk Abdul Mutalib Alias (pictured) at a press conference recently.
MRCB scores a hat-trick
KUALA LUMPUR (Oct 29): Construction and property development outfit Malaysian Resources Corp Bhd (MRCB) scored a hat-trick yesterday with two major job wins, and the announcement of a joint-venture (JV) partnership to undertake the development of the Cyberjaya City Centre (CCC), which has a reported gross development value of close to RM10 billion.
MRCB and Cyberview sign deal to develop Cyberjaya City Centre
CYBERJAYA (Oct 28): Malaysian Resources Corporation Berhad (MRCB)’s property arm, MRCB Land and Cyberview Sdn Bhd (Cyberview) have signed a 70:30 joint-venture agreement for the development of Cyberjaya City Centre (CCC) today.
Al-Salam REIT to benefit from JB-Singapore RTS
Al-Salam Real Estate Investment Trust (REIT) (Oct 27, RM1.
IGB REIT's 3Q net property income rises 6.3% on higher rental income
KUALA LUMPUR (Oct 27): IGB Real Estate Investment Trust (IGB REIT) saw its net property income for the third quarter ended Sept 30, 2015 (3QFY15) grow 6.
IOI Resort City introduces its latest office towers
PETALING JAYA (Oct 27): IOI Properties Group Bhd is introducing IOI City Towers, a Grade A office development comprising two office towers within the RM20 billion township of IOI Resort City.
