News about MAS

PETALING JAYA (Oct 27): Master Builders Association Malaysia (MBAM) was hoping for lower import duties for heavy construction machinery and more incentives in Budget 2018 to be disbursed to industry players who use Industrialised Building System (IBS) and Building Information Modelling (BIM), such as equipment tax reduction and tax incentives, it said in a post-budget statement today.

PETALING JAYA (Oct 27): The fifth property exhibition held by the Malaysian Institute of Estate Agents (MIEA) Penang has kicked off yesterday and will run until Oct 29 at Queensbay Mall, Penang, showcasing over 5,000 secondary properties.

Sunway Construction Group Bhd (Oct 20, RM2.

PETALING JAYA (Oct 20): The Malaysian Institute of Estate Agents (MIEA) Penang is hosting its fifth property exhibition from Oct 26 to 29 at Queensbay Mall, Penang and for the first time, the event will officially include primary properties in the market.

KUALA LUMPUR (Oct 9): UEM Sunrise Bhd is eyeing a 50% take-up rate for the first phase of its latest mixed-use development, Solaris Parq in Dutamas, by the year end, said its managing director and CEO Anwar Syahrin Abdul Ajib today.

Sold for: RM625,000 (RM775 psf) Concluded by: Joseph Lim (REN 20125) of Hartamas Real Estate (OUG) Sdn Bhd (010-225 6293) When: May 2017 Noteworthy: ● Built-up: 807 sq ft ● Mid-level unit facing southwest ● 2-bedroom and 2-bathroom unit ● Leasehold ● Partly furnished with wardrobe, kitchen cabinet, hob and hood, washer and dryer, water heater and air-conditioning units Urbana Residences is one of the newest serviced apartment projects in Ara Damansara, Petaling Jaya.

KUALA LUMPUR (Sept 28): Federal Furniture Holdings Bhd (FFH) expects equal top-line contribution from its newly acquired construction business and its traditional core activity of furniture manufacturing and interior fit-out, for the financial year ending June 30, 2018 (FY18).

KUALA LUMPUR (Sept 20): WCT Holdings Bhd has been awarded a RM199.

KUALA LUMPUR (Sept 15): TRC Synergy Bhd, along with its joint-venture (JV) partner Konsortium Kontraktor Melayu Sdn Bhd (KKM), has bagged an RM348.

KUALA LUMPUR (Sept 13): Investigations into corruption cases in Felda Global Ventures and Felda Investment Corp will be completed by the month-end, said Malaysian Anti-Corruption Commission (MACC) chief commissioner Dzulkifli Ahmad yesterday.