KKB Engineering expects to achieve strong results in FY19
KUALA LUMPUR (Nov 14): KKB Engineering Bhd’s net profit grew 2.
DONE DEAL: Condo at Mas Kiara Residences, Taman Tun Dr Ismail, Kuala Lumpur
Sold for: RM777,000 (RM530.
Chinese billionaire's profligate son banned from spending on luxuries
PETALING JAYA (Nov 13): Chinese real estate mogul Wang Jianlin's only son Wang Sicong has been banned by a Shanghai court order from traveling first class, buying property, staying in luxury hotels, going on vacations, playing golf, or visiting nightclubs, the South China Morning Post reported on Saturday.
Najib issued six cheques totalling RM15m to Umno Kedah, court told
KUALA LUMPUR (Nov 13): The High Court here was told today that former prime minister Datuk Seri Najib Razak (pictured) had, between April 25, 2012 and June 19, 2013, issued six cheques to Umno Kedah that amounted to RM15 million, a portion of which is alleged to be linked to 1Malaysia Development Bhd (1MDB) and Tanore Finance Corp.
S P Setia gears up to launch RM2.17b GDV worth of projects in the next three months
KUALA LUMPUR (Nov 13): S P Setia Bhd is planning to launch projects worth RM2.
Senheng Electric and German company Leschaco are first two tenants in BBRIG
KLANG (Nov 13): Bandar Bukit Raja Industrial Gateway (BBRIG), a joint-venture development by Sime Darby Property, Mitsui & Co Ltd and Mitsubishi Estate Co Ltd, has secured two major tenants, which will start operations there in 3Q2020.
Sime Darby Property, Mitsui Malaysia and Mitsubishi Estate to develop Bandar Bukit Raja Industrial Gateway
KLANG (Nov 13): Sime Darby Property Bhd has partnered Mitsui & Co Ltd and Mitsubishi Estate Co Ltd to develop Bandar Bukit Raja Industrial Gateway (BBRIG) which will offer land lease and Built-to-Suit (BTS) services to business owners.
Nanyang Siang Pau office building up for rent
PETALING JAYA (Nov 13): The Nanyang Siang Pau office building site in Petaling Jaya, Selangor has been put up for rent at an asking monthly rental of RM2.
S P Setia 3Q net profit jumps 67% on higher property development revenue
KUALA LUMPUR (Nov 13): SP Setia Bhd's net profit for the third quarter ended Sept 30, 2019 jumped 67.