KUALA LUMPUR (Nov 18): Pintaras Jaya Bhd, a piling and civil engineering services provider, saw its net profit for the first quarter ended Sept 30, 2016 (1QFY17) nearly doubled to RM13.
KLANG (Nov 18): Mitraland Group has inked a memorandum of understanding (MoU) with two key tenants, CHi Fitness and Loudspeaker, for its Pier 8 retail development in Klang, Selangor.
PETALING JAYA: The inaugural TheEdgeProperty.
KUALA LUMPUR (Nov 17): Lawmaker Rafizi Ramli (pictured) has questioned the financial viability of the RM55 billion East Coast Rail Link (ECRL), citing the under-utilisation of an existing 70km rail track which connects Kertih to Kuantan and Port Kuantan.
KUALA LUMPUR (Nov 16): Land & General Bhd (L&G) is acquiring four companies for a total of RM298.
KUALA LUMPUR (Nov 15): Transport Minister Datuk Seri Liow Tiong Lai (pictured) has cited a change in alignment, a longer tunnel link and the weak ringgit as the reasons for the cost of for the East Coast Rail Link (ECRL) project jumping to RM55 billion from RM29 billion as estimated by a consulting engineering firm previously.
Land is a property developer’s most important asset as it enables the developer to sustain and grow its business.
Businessman Tan Sri Desmond Lim Siew Choon is performing a corporate manoeuvre that may unlock value worth billions after emerging as the largest shareholder in WCT Holdings Bhd last Tuesday, say sources.
IT is safe to say that private developers have been subdued post-Budget 2017.
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