Johor and Melaka see sharp rise in land auctions
Malaysia’s southern region states of Johor and Melaka have recorded a significant increase in land auctions in the first nine months of 2017 (9M17) compared with the same period last year.
GBH plans RM143m property purchase
KUALA LUMPUR (Dec 21): Ceramic products company Goh Ban Huat Bhd (GBH) is planning to buy several properties in Pontian, Johor, from three companies controlled by the family of its controlling shareholders, for RM143 million.
Kimlun buys Johor plot from UEM Sunrise for RM82.1m
KUALA LUMPUR (Dec 21): Kimlun Corp Bhd is buying an 11.
IWCity active, up 3.79% on takeover notice from Ekovest
KUALA LUMPUR (Dec 19): Iskandar Waterfront City Bhd (IWCity) shares rose 3.
Sunway aims to replicate Sunway City’s success in Iskandar
KUALA LUMPUR (Dec 18): When Sunway Group, controlled by tycoon Tan Sri Jeffrey Cheah, embarked on a massive project to develop 800 acres (323.
Scientex to buy Pulai land for mixed property development
KUALA LUMPUR (Dec 15): Scientex Bhd is buying a 335.
Government will not bail out developers in trouble
PETALING JAYA (Dec 15): The government will not bail out property developers, especially those who fail to sell their high-end projects and get into financial problems, said Finance Minister II Datuk Seri Johari Abdul Ghani.
