Kota Kinabalu residential market to remain resilient

FOLLOWING the overall soft residential market in Kota Kinabalu last year, opinions are mixed on how the market will perform this year, Rahim & Co Sabah branch manager Max Sylver Sintia says when presenting The Edge/Rahim & Co Kota Kinabalu Housing Property Monitor 1Q2016.

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Ho Hup trims FY16 profit growth target

KUALA LUMPUR (May 24): Ho Hup Construction Company Bhd, which saw its earnings slip 5% in the first quarter ended March 31, 2016 (1QFY16), has trimmed its profit after tax (PAT) growth target to between 15% and 20% for FY16, in view of the continued slowdown in the property market.

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Bina Puri, Prasarana JV to build KK BRT

BINA Puri Holdings Bhd, in partnership with Prasarana Malaysia Bhd (formerly known as Syarikat Prasarana Negara Bhd), is likely to win the RM1 billion contract to build the bus rapid transit (BRT) system in Kota Kinabalu, sources say.

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Staying relevant to the future

FOR Kota Kinabalu-based Borneo Estate Development Sdn Bhd’s chief operating officer, Ben Kong Chung Vui, property development means building something that is relevant to the present and the future.

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