Hua Yang 2Q net profit plunges 97% on lower sales
KUALA LUMPUR (Oct 27): Affordable housing developer Hua Yang Bhd saw its net profit plunge 97% to RM584,000 in its second quarter ended Sept 30, 2017 (2QFY18), from RM16.
Purpose-built Office Rental Index continues uptrend in 2Q17
PETALING JAYA (Oct 27): The Purpose-Built Office (PBO) Rental Index for Klang Valley, Johor Bahru, and George Town grew in the second quarter of 2017 (2Q17) from a year ago, according to the “Economic Report 2017/2018”.
WCT to list REIT in mid-2018, may inject Paradigm Mall JB — Affin Hwang IB
KUALA LUMPUR (Oct 27): WCT Holdings Bhd is expected to list its real estate investment trust (REIT) in mid-2018, after it had had delayed the listing of the property trust that was scheduled by end-2017, according to Affin Hwang Investment Bank Bhd (Affin Hwang IB).
Forest City may get an HSR station
KUALA LUMPUR (Oct 13): Hong Kong-listed property developer Country Garden Holdings Co Ltd is courting the government to build a high-speed rail (HSR) station in its Forest City development in Johor, New Straits Times (NST) reported today.
Singapore introduces bill to support Kuala Lumpur-Singapore HSR
SINGAPORE (Oct 5): A proposed law to support the building and running of two future rail links between Singapore and Malaysia, including the Kuala Lumpur-Singapore high-speed rail (HSR), was brought to Singapore’s parliament on Tuesday, according to The Straits Times.
Johor Sultan surfaces as BAssets substantial shareholder
KUALA LUMPUR (Oct 3): The Sultan of Johor Sultan Ibrahim Sultan Iskandar has emerged as the second largest individual shareholder of Berjaya Assets Bhd (BAssets) with a 10.
Tenders for Singapore-JB rapid transit system to be called in 2018
KUALA LUMPUR (Sept 25): Malaysia will lead the rapid transit system (RTS) project between Johor Bahru and Woodlands North in Singapore, Prime Minister's Department Datuk Seri Abdul Rahman Dahlan said, with plans to call for open tenders for construction in the country in 2018.
PAM urges school operators to not compromise on building safety standards
KUALA LUMPUR (Sept 15): The Malaysian Institute of Architects (PAM) has urged school operators to not compromise on the safety standards of their buildings following recent fire incidents in the country.
How to be happy in the city
Some people say small-town folks are often happier than city folks.
Lien Hoe's demand 'premature', says Gabungan AQRS
KUALA LUMPUR (Sept 8): Gabungan AQRS Bhd has responded to Lien Hoe Corp Bhd’s letter of demand for an outstanding payment on a joint development, citing it as premature and misconceived.
