Sime Darby Property 2Q18 profit slips 5%
KUALA LUMPUR (Feb 27): Sime Darby Property Bhd’s (SimeProp) net profit in the second quarter ended Dec 31, 2017 (2QFY18) has declined by 5.
IDEAS: Government intervention distorts affordable housing supply
KUALA LUMPUR (Feb 26): Government intervention on supply of affordable housing has resulted in unwanted consequence — unfair competition that deters active participation of the private developers in this segment, according to Institute for Democracy and Economic Affairs (IDEAS) senior fellow Dr Carmelo Ferlito.
Only one child per govt pensioner eligible for PPA1M
PETALING JAYA (Feb 26): Only one child of a government pensioner is eligible for affordable homes offered by the 1Malaysia Civil Servants Housing Programme (PPA1M), said Chief Secretary to the Government Tan Sri Dr Ali Hamsa (pictured).
TTDI crime rate drops by 40% on pilot policing programme
PETALING JAYA (Feb 26): The crime rate in Taman Tun Dr Ismail (TTDI) has fallen by 40%, 20 months after a new policing programme was introduced to the neighbourhood, reported The Star.
UOA Development acquires land in Sri Petaling for RM61m for mixed development
KUALA LUMPUR (Feb 24): UOA Development Bhd is acquiring a property development company that owns 9.
IOI Properties 2Q net profit plunges 60% on lower overseas project contribution, impairment loss
KUALA LUMPUR (Feb 24): IOI Properties Group Bhd's net profit plunged 60% to RM109.
SC charges duo for insider trading involving Johor Land shares in 2009
KUALA LUMPUR (Feb 22): Securities Commission Malaysia (pictured) today charged two individuals at the Kuala Lumpur Sessions Court for insider trading involving the shares of Johor Land Bhd (JLand) in 2009.
Al-Aqar REIT announces 3.95 sen DPU as 4Q net income jumps 87%
KUALA LUMPUR (Feb 21): Al-Aqar Healthcare Real Estate Investment Trust's (Al-Aqar REIT) net income rose 87% year-on-year to RM48.
MP Corp tumbles on getting winding-up petition from RHB Bank
KUALA LUMPUR (Feb 21): Malaysia Pacific Corp Bhd (MP Corp) shares tumbled 33.
Strict regulations needed for buildings in M’sia, says PAM
PETALING JAYA (Feb 20): The recent collapse of a hotel wall at Bukit Tinggi, Pahang, underscores the need for all building structures in Malaysia to be strictly regulated, said the Malaysian Institute of Architects (PAM) in a statement today.
