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KUALA LUMPUR (Nov 7): Khazanah Research Institute (KRI) hopes that Budget 2018’s proposal to formulate the Residential Rental Act to protect the landlord and tenant will spur the rental market.

KUALA LUMPUR (Nov 7): A total of 253 abandoned private housing projects, comprising 64,290 units, were reported in Peninsular Malaysia between January 2009 and Oct 11 this year, said the Ministry of Urban Wellbeing, Housing and Local Government.

JOHOR BAHRU (Nov 7):  Mah Sing Group Bhd is launching phase two of Fern at its Meridin East township in Johor Bahru this weekend (Nov 11 and 12).

KUALA LUMPUR (Nov 7): Analysts have expressed mixed views on the proposal by Mass Rapid Transit Corp Sdn Bhd (MRT Corp) to call and invite construction and infrastructure firms to submit for a bid to build, on a turnkey basis, and finance the upcoming third mass rapid transit line (MRT3), estimated to cost around RM40 billion.

PETALING JAYA (Nov 7): Perfect Eagle Development Sdn Bhd has signed an agreement with REAL Education Group last Friday (Nov 3) to open a REAL Kids preschool centre at its O2 Residence development in Puchong South, Selangor.

KUALA LUMPUR: While most Penang-based listed companies are little affected by the state’s worst-ever floods, a significant number of small and medium enterprises (SMEs) appear to have been badly hit, with an industry group estimating losses at about RM200 million.

KUALA LUMPUR (Nov 7): Nexgram Bhd saw the the resignation of two of its board members, namely its chairman Datuk Sri Wira Ayub Haji Yaakob and deputy chairman Tuan Haji Norzain Abdul Wahab, yesterday.

KUALA LUMPUR (Nov 7): Eastland Equity Bhd fell 3.

\KUALA LUMPUR (Nov 7): Shares in Malaysia Building Society Bhd (MBSB) jumped 10.

KUALA LUMPUR (Nov 7): Eversendai Corp Bhd, which has bagged RM180 million worth of new projects, including a major offshore fabrication job from Saudi Aramco, anticipates the latter deal will open up new opportunities for the group in the oil and gas (O&G) segment.