News about Malaysia

KUALA LUMPUR (Nov 20): Sunway Construction Group Bhd (SunCon), the country's largest pure-play construction group, saw its net profit rise 11.

KUALA LUMPUR (Nov 20): The Association of Banks in Malaysia (ABM) has reiterated that its member banks “have been and will continue to” provide home loans to all eligible borrowers, said the association in a statement issued today to rebut claims that commercial banks are imposing strict rules on home loan applicants.

KUALA LUMPUR (Nov 20): IOI Properties Group Bhd’s net profit jumped 28.

KUALA LUMPUR (Nov 20): Sime Darby Bhd will review its investment-grade rating after spinning off its cash-generating plantation and property units, which will be separately listed on Bursa Malaysia on Nov 30.

KUALA LUMPUR (Nov 17): Zecon Bhd's share trade has been suspended from 2:30pm today until Monday (Nov 20) 5pm pending a material announcement, the builder and property developer said in statements on Bursa Malaysia's website today.

KUALA LUMPUR (Nov 16): S P Setia Bhd has fixed the issue prices for its rights shares at RM2.

KUALA LUMPUR (Nov 16): Sime Darby Property Bhd's first quarter net profit rose 183% to RM421.

KUALA LUMPUR (Nov 16): Shares in Amcorp Properties Bhd rose 5.

KUALA LUMPUR (Nov 16): The conflict between the federal and state governments in terms of land ownership and administration in Malaysia can be better addressed if an integrated cadastral mapping and land registry system is introduced, says the World Bank.

KUALA LUMPUR (Nov 16): Amcorp Properties Bhd saw net profit grow nearly 15 times to RM26.