News about JE

SERI KEMBANGAN (Oct 2): While it is still unclear when the property market will recover from the current slowdown, there are still opportunities to seize in the market, according to industry experts.

KUALA LUMPUR (September 27): Little known property developer SBC Corp Bhd expects to see “interesting” growth in both its top and bottom lines, starting from the financial year ending March 31, 2020 (FY20), driven mainly by its existing projects, namely the Jesselton Quay Central (JQC) in Sabah and the Bandar Ligamas Township in Ulu Yam, Selangor.

PETALING JAYA (September 26): A stalled flood mitigation project located along Jalan Bangsar is causing trouble for business owners in the area.

KUALA LUMPUR (September 25): Despite reports by property consultancies and real estate agents that say house prices will pick up in the second half of 2019, Rehda Institute chairman Datuk Jeffrey Ng Tiong Lip considers it unlikely.

SBC Corp Bhd, despite its diminutive size and profitability, has attracted a number of recogniseable and prominent names as minority shareholders.

KUALA LUMPUR (September 13): Only World Group Holdings Bhd (OWG) will probably not be distributing dividends to shareholders in the current financial year ending June 30, 2019 (FY19) as it preserves its cash for working capital.

KUALA LUMPUR (September 11): The original objectives of the People’s Housing Project (PPR) must be retained, said a Federal Territories lawmaker, as reported by the Malaysian Insight.

TOKYO (Sept 5): The toll in the most powerful typhoon to hit Japan in a quarter century rose Wednesday to nine, with thousands stranded at a major airport because of storm damage.

PETALING JAYA (Sept 5): Malaysia Airlines (MAS) and AirAsia have suspended flights to and from Osaka, Japan as Typhoon Jebi – the strongest one to have hit the country in 25 years – left a trail of destruction that included nine deaths and a slew of damaged buildings, including flooding and other damages at the Kansai International Airport.

KUALA LUMPUR (September 5): After months of speculation, Prime Minister Tun Dr Mahathir Mohamad confirmed on Monday that construction of the Pan Borneo Highway is facing delays in Sabah, despite huge sums having been channelled into the project.