Affin Hwang: Gamuda's earnings visibility 'improved' on RM30b MRT project
KUALA LUMPUR (June 30): Gamuda Bhd's earnings visibility has improved after the builder secured the RM30 billion Mass Rapid Transit (MRT) Line 2 project in the Klang Valley, Affin Hwang Investment Bank Bhd said.
Gamuda’s 3Q net profit falls 4.8%, pays six sen dividend
KUALA LUMPUR (June 30): Gamuda Bhd’s net profit for the third quarter ended April 30, 2016 fell 4.
Mapletree Logistics Trust to acquire Shah Alam warehouse for S$53.2m
SINGAPORE (June 29): The manager of Mapletree Logistics Trust (MLT) is acquiring a warehouse facility in Malaysia at a purchase consideration of RM160 million from its sponsor, Mapletree Investments.
PROPERTY SNAPSHOT 3: What are developments priced in Taman Desa?
• Today, we continue our focus on Taman Desa by looking at average prices on a per sq ft (psf) basis.
S P Setia set to launch ViiA Residences in August
PETALING JAYA (June 28): S P Setia Bhd will be unveiling ViiA Residences at KL Eco City in August, said the developer in a press statement.
Tropicana plans RM1.5 bil worth of launches this year
TROPICANA Corp Bhd is planning to launch RM1.
PROPERTY SNAPSHOT 2: What’s affordable in Taman Desa?
• Taman Desa is an affluent and established neighbourhood.
MMC-Gamuda faces RM300m suit over alleged contract breach
KUALA LUMPUR (June 27): MMC Corporation Bhd and its partner in the Klang Valley Mass Rapid Transit (KVMRT) project are being sued for over RM300 million for an alleged breach of contract relating to a land acquisition for the project.
PROPERTY SNAPSHOT 1: Taman Desa enjoys steady interest
• This week, the spotlight falls on the secondary market of non-landed residences in Taman Desa, Kuala Lumpur.
