News about PA

KUALA LUMPUR (Sept 5): It may be rather surprising that Fajarbaru Builder Group Bhd’s contribution from its construction division — the group’s core unit — has been on a decline since the financial year ended June 30, 2013 (FY13).

With LED lights outlining the hexagonal pattern on its façade, integrated development DUO, designed by German architect Ole Scheeren, stands out amid ­other architectural landmarks in the Ophir-Beach Road area.

Sold for: RM290,000 (RM341 psf) Concluded by Raymond Yii (REN 20381) of BT Properties (011-3315 4820) When: March 2017 Noteworthy: ● Freehold ● Low density ● 3-bedroom and 2-bathroom unit ● Built-up: 849 sq ft ● Gated-and-guarded with card system boom-gate ● Two open parking bays According to Raymond Yii of BT Properties Sdn Bhd, who concluded the deal, the seller was an investor who owns several properties in Setia Alam, Selangor.

KUALA LUMPUR (Aug 31): WCT Holdings Bhd, a construction and property outfit linked to Pavilion Group's Tan Sri Desmond Lim, said it has started talks with the relevant authorities regarding its proposal to set up a real estate investment trust (REIT).

KUALA LUMPUR (Aug 31): Ekovest Bhd has reported an 86.

PETALING JAYA (Aug 29): Our lives are becoming increasingly “smarter” as we move into the future.

KUALA LUMPUR, (Aug 30): Malton Bhd registered higher pre-tax profit for the financial year ended June 30, 2017 at RM111.

KUALA LUMPUR (Aug 29): PPB Group Bhd has raised its capital expenditure (capex) by RM164 million mainly for investments in China flour mill, bringing its total capex this year to RM565 million.

KUALA LUMPUR (Aug 29): Pasukhas Group Bhd has been dragged into an arbitration proceeding by the main contractor for the 118-storey Menara Warisan Merdeka project, over an alleged breach of subcontract works worth RM14 million.

PETALING JAYA (Aug 28): The only residential project launch in Desa Parkcity this year, South Brooks saw 76% of its units taken up within two days during its priority sales event last weekend.