CMCO in Selangor, Kuala Lumpur and Putrajaya from Oct 14
PETALING JAYA (Oct 12): The Conditional Movement Control Order (CMCO) will be imposed in Selangor, Kuala Lumpur and Putrajaya, from 12.
PM says no total lockdown, only TEMCO in high risk areas
KUALA LUMPUR (Oct 6): Prime Minister Tan Sri Muhyiddin Yassin (pictured) assured the public today that there will not be another total lockdown as this would have a significant impact on Malaysia's economic and social systems, but said the government will enforce the Targeted Enhanced Movement Control Order (TEMCO) in high-risk areas.
EcoWorld records RM1.25b property sales in four months
KUALA LUMPUR (Sept 25): Eco World Development Group Bhd (EcoWorld), which posted a net profit of RM13.
MRCB books loss in 2Q on impairment, construction halt
KUALA LUMPUR (Aug 27): Malaysian Resources Corp Bhd reported a net loss of RM219.
Matrix Concepts records 9.3% higher new property sales
SEREMBAN (Aug 26): Matrix Concepts Holdings Bhd’s revenue for the first quarter of its financial year ended June 30, 2020 (1Q21) stood at RM162 million, as compared to RM248.
UOA Development’s 2Q net profit shrinks on MCO impact
KUALA LUMPUR (Aug 26): UOA Development Bhd’s net profit fell 81.
WCE posts fifth straight quarterly loss; dragged by recognition of interest expenses
KUALA LUMPUR (Aug 21): Highway construction company WCE Holdings Bhd booked its fifth consecutive quarterly loss with RM30.
REITs: Raising gearing limit 'seen as timely'
KUALA LUMPUR (Aug 15): The temporary increase of the gearing limit for real estate investment trusts (REITs) by the Securities Commission Malaysia (SC) “is seen as timely for the sector”, The Edge Malaysia reported recently.
Not all gloom and doom in the industrial property market
The Covid-19 pandemic almost paralysed Malaysia during the Movement Control Order (MCO) lockdown period for six weeks from March 18, but business owners are optimistic that the market is gradually resuming its pace especially in the current Recovery MCO.
EcoWorld's FY20 sales target said achievable despite lower sales in first six months
KUALA LUMPUR (June 26): The RM2 billion sales target set by Eco World Development Group Bhd (EcoWorld) for its financial year ending Oct 31, 2020 (FY20) is still achievable despite the lower sales achieved in the first six months of the year due to the Movement Control Order (MCO), said CGS-CIMB.
