Econpile's 1Q profit up 29%, declares 1.5 sen dividend
KUALA LUMPUR (Nov 22): Econpile Holdings Bhd's net profit for its first financial quarter ended Sept 30, 2017 (1QFY18) climbed 28.
UOA Development 3Q net profit down 18% on higher expenses
KUALA LUMPUR (Nov 21): UOA Development Bhd's net profit for its third quarter ended Sept 30, 2017 (3QFY17) dropped 18.
MRCB 3Q net profit falls 4.4% on higher expenses
KUALA LUMPUR (Nov 21): Malaysian Resources Corp Bhd’s (MRCB) third quarter net profit dropped 4.
Too premature to ascertain luxury development freeze on JV projects — SD Property
KUALA LUMPUR (Nov 20): Sime Darby Property Bhd, which would be listed on Nov 30, said it will evaluate the effects of newly-announced federal government freeze on luxury properties, on its joint-venture projects.
Lack of clarity an issue in development freeze directive
PETALING JAYA (Nov 20): There is still a lot of ambiguity in the new ruling to freeze approvals for four types of developments in Kuala Lumpur, said Zerin Properties CEO Previndran Singhe.
Govt now says luxury development freeze not absolute
PETALING JAYA (Nov 20): The Cabinet directive to Dewan Bandaraya Kuala Lumpur (DBKL) to freeze approvals for luxury developments is not absolute, as projects will be evaluated on a case-by-case basis.
CIMB: Malaysia's move to freeze luxury property project approval 'positive'
KUALA LUMPUR (Nov 20): CIMB Investment Bank Bhd said Malaysia's move to freeze approvals for development of shopping complexes, offices, serviced apartments and luxury condominiums priced over RM1 million here, will address the oversupply situation in the country's property market.
Rehda to issue press statement tomorrow on DBKL approval freeze
PETALING JAYA (Nov 20): The Real Estate and Housing Developers Association (Rehda) is expected to issue a statement tomorrow on the Cabinet directive to Dewan Bandaraya Kuala Lumpur (DBKL) to halt approvals for four types of developments.
Cabinet orders DBKL to halt approvals for four types of developments
PETALING JAYA (Nov 18): The Cabinet has directed Dewan Bandaraya Kuala Lumpur (DBKL) to freeze approvals for four types of developments following a study by Bank Negara Malaysia (BNM) that raised the alarm on a glut in these buildings.
