News about M

KUALA LUMPUR (Feb 23): IJM Corp Bhd’s net profit dropped 46% to RM138.

KUALA LUMPUR (Feb 23): AllianceDBS Research said the immediate support for UEM Sunrise Bhd (UEMS) was at RM1.

KUALA LUMPUR (Feb 21): Sunrise Innovation Sdn Bhd, a wholly-owned subsidiary of UEM Sunrise Bhd will undertake a mixed development project on the Malay College Old Boys Association’s land (MCOBA) at Jalan Seputeh, KL to redevelop a new office building, a banquet hall with a capacity for 1,200 people and two blocks of serviced apartments together with other supporting facilities.

SHAH ALAM (Feb 20): Premier lifestyle developer Eco World Development Group Bhd (EcoWorld) is optimistic about the overall property market this year, which it expects to improve, partly anchored by factors that include low interest environment and positive buying sentiment.

PETALING JAYA (Feb 20): Property developer UEM Sunrise Bhd has completed the topping out for its high-rise condominium development, the Residensi22 Mont’Kiara project on Feb 18, and is on track for completion at the end of this year.

Al-Salam Real Estate Investment Trust (Feb 16, RM1.

KUALA LUMPUR (Feb 16): Bina Darulaman Bhd’s group managing director Datuk Izham Yusoff’s contract has been extended by another two years, effective from this month.

KUALA LUMPUR (Feb 16): Property consultancy firm Rahim & Co said it expects the Malaysian property market to recover within the next year or so, as the decline in property transactions is seen to be slowing down.

KUALA LUMPUR (Feb 15): Al Salam Real Estate Investment Trust (REIT) saw its net property income (NPI) jump 33% to RM16.

PETALING JAYA (Feb 8): Kedah-based property developer Bina Darulaman Bhd (BDB) will be launching new projects worth up to RM1.