JAKS to raise RM69m via placement
KUALA LUMPUR (March 15): JAKS Resources Bhd has proposed a placement to raise RM68.
Commercial property glut poses risk for M’sian banks
KUALA LUMPUR (March 12): Banks may face risks on their commercial property loans, as a looming oversupply of office buildings and shopping malls may lead to a correction in valuations, said a Reuters story citing a report by Moody’s dated March 9.
Platinum Victory’s PV18 Residence 50% taken-up
KUALA LUMPUR (March 8): Platinum Victory Development Sdn Bhd’s PV18 Residence has registered a 50% take-up rate since its weekend launch held on March 3.
Sunway Carnival Mall gets RM500m expansion, facelift
KUALA LUMPUR (March 5): Sunway Carnival Mall, located at Seberang Jaya, Penang, is getting a RM500 million renovation and expansion — a decade after opening its doors.
Four Seasons Hotel Kuala Lumpur slated for mid-2018 launch
PETALING JAYA (March 2): Four Seasons Hotel Kuala Lumpur is targeted for a mid-2018 opening, reported NST Property.
JAKS’ outlook remains robust on Vietnam job profit recognition
JAKS Resources Bhd (March 1, RM1.
SunCon appointed project delivery partner for RM274m Penang project
KUALA LUMPUR (Feb 28): Sunway Construction Group Bhd’s (SunCon) unit has been appointed the project delivery partner for the expansion of a nine-storey commercial development to the existing Sunway Carnival Mall in Seberang Jaya, Penang.
SunCon posts marginal fall in 4Q net profit, declares 4 sen dividend
KUALA LUMPUR (Feb 27): Sunway Construction Group Bhd's (Suncon) net profit fell by a marginal 0.
Sunsuria to jointly develop RM187m commercial lots in Johor
KUALA LUMPUR (Feb 15): Sunsuria Bhd plans to jointly build a six-storey stratified commercial lot called Pusat Perdagangan ION Akses, with a gross development value of RM187 million in Johor Bahru.
