MRCB active, up 4.27% on securing RM369 mil DASH highway job
KUALA LUMPUR (Aug 16): Malaysian Resources Corp Bhd (MRCB) shares rose 4.
No stopping Merdeka PNB 118, says PNB
KUALA LUMPUR (Aug 16): The construction of Merdeka PNB 118 — which will be Malaysia’s tallest building and the world’s fifth tallest on completion — will not be stopped, Permodalan Nasional Bhd (PNB) group chairman Tan Sri Abdul Wahid Omar said, even though it will worsen the oversupply of office space in the capital city.
MRCB wins RM369 mil DASH job
KUALA LUMPUR (Aug 16): Malaysian Resources Corp Bhd (MRCB) announced yesterday that it had secured a contract in relation to the construction of the Damansara-Shah Alam Elevated Expressway (DASH) for RM369 million.
Eversendai proposes placement to raise up to RM75.8 mil
KUALA LUMPUR (Aug 16): Eversendai Corp Bhd has proposed to place out new shares to Macquarie Bank Ltd to raise up to RM75.
Melbourne ranked the most liveable city for 7th year
KUALA LUMPUR (Aug 16): Melbourne is ranked the world’s most liveable city for the seventh year by Economist Intelligence Unit’s annual Liveability Index.
KLCCP Stapled Group 2Q net profit up slightly
KUALA LUMPUR (Aug 16): KLCC Property Holdings Bhd (KLCCP) and KLCC Real Estate Investment Trust (REIT), collectively known as KLCCP Stapled Group, reported a slight increase in net profit in the second quarter ended June 30, 2017 (2QFY17) to RM177.
Ardmore Park unit in Singapore sold for S$2.9 mil gain
The most profitable deal this week was the sale of a 10th floor unit at Ardmore Park condominium for S$8.
Red Carpet 2 @ i-City opens today
SHAH ALAM (AUG 15): Malaysia’s first interactive wax museum in Malaysia, Red Carpet 2 @ i-City in Shah Alam, was launched today by Malaysia Tourism and Culture Minister Datuk Seri Mohamed Nazri Abdul Aziz.
Menang Corp unaware of investigations into its property development unit
KUALA LUMPUR (Aug 15): Menang Corp (M) Bhd said that the company is unaware of investigations into its wholly-owned property development unit Menang Development (M) Sdn Bhd, as stated in The Edge Malaysia’s recent article.
KLRCA launches standard form of building contracts
PETALING JAYA (Aug 15): The Kuala Lumpur Regional Centre for Arbitration (KLRCA) has launched a suite of Standard Form of Contracts (SFC) which is suitable for all building construction projects in Malaysia.
