KUALA LUMPUR: China Railway Group Ltd’s filings with the Hong Kong Stock Exchange has created some confusion over the exact value of 1Malaysia Development Bhd’s (1MDB) sale of a 60% stake in Bandar Malaysia Sdn Bhd, to a 60:40 consortium of Iskandar Waterfront Holdings Sdn Bhd and China Railway Engineering Corp (M) Sdn Bhd (CREC).
PETALING JAYA (Dec 31): Only about 42% of public projects and 70% of private projects in the country use modern Industrialised Building Systems (IBS) technology, according to the Construction Industry Development Board (CIDB).
KUALA LUMPUR (Dec 31): 1Malaysia Development Bhd (1MDB) is selling 60% of Bandar Malaysia Sdn Bhd to a consortium comprising Iskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway Engineering Corp (M) Sdn Bhd (CREC) for RM7.
GEORGE TOWN (Dec 30): Over the past seven years, the DAP-led Penang government has had to endure criticism from various quarters over many of the changes introduced in the state.
KUALA LUMPUR (Dec 29): 1Malaysia Development Bhd (1MDB) is near to sealing an agreement with a prospective partner to sell 60% of its shares in Bandar Malaysia Sdn Bhd before the year ends.
KUALA LUMPUR (Dec 29): The Second Intermediate Court of Beijing has thrown out an application by Hong Kong-listed Parkson Retail Group Ltd, a 53.
THE most anticipated property deal is the sale of Bandar Malaysia — the 486-acre township planned at the site of the old Sungai Besi airport.
KUALA LUMPUR (Dec 22): A plant expert has dismissed recent social media claims that a popular house plant causes cancer as lacking scientific proof.
KUALA LUMPUR (Dec 21): There is no foreseeable short-term impact on the construction sector from the depreciation of the ringgit as most construction materials such as cement and steel are manufactured in Malaysia, the national builders group said.
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