HSR agreement relevant to local players
Construction Maintain overweight: A legally binding bilateral agreement for the much anticipated KL-Singapore high-speed rail (HSR) was signed on Tuesday at the Prime Minister’s office in Putrajaya.
O&C Resources returns to the black on higher construction revenue
KUALA LUMPUR (Dec 15): Loss-making condom and baby care accessories manufacturer O&C Resources Bhd (OCR) has returned to the black for the first quarter ended Oct 31, 2016 (1QFY2017) compared to the immediate preceding quarter thanks to higher revenue in its construction business segment.
KUB: RM1.23 bil rail JV terminated
KUALA LUMPUR (Dec 15): KUB Malaysia Bhd said the mutual termination of the RM1.
Preserving the charms of pre-war heritage buildings
AT the time of the establishment of the Straits Settlement in Penang, local architecture was strongly influenced by British, Indian, Chinese and Islamic elements.
Turkey is No 1 in global house price growth, says Knight Frank
PETALING JAYA (Dec 15): Turkey has occupied the top spot for the fifth consecutive quarter in the Knight Frank Global House Price Index by having registered an annual house price growth of 13.
The luxurious Jumeirah Al Naseem opens in Dubai
DUBAI (Dec 14): Luxury hotel Jumeirah Al Naseem has officially opened its doors for guests on Dec 1, the global engineering and infrastructure advisory company for the resort, Aurecon Group stated in a press statement today.
Element Kuala Lumpur to debut in March 2017
PETALING JAYA (Dec 14): Element Kuala Lumpur, the first Element hotel in Southeast Asia under Element Hotels by Marriott International Inc, is slated to open for business in March 2017.
KKTP Sdn Bhd steps in to rescue abandoned 1 Sulaman
PETALING JAYA (Dec 14): The official announcement of the 1 Sulaman development in Kota Kinabalu, Sabah, as being an abandoned project will allow KKTP Sdn Bhd — a private company owned by the Ministry of Local Government and Housing Sabah — to rescue the project, according to 1 Sulaman Platinum and Gold Tower Buyers’ Action Committee spokesperson Tom Lim.
Oxley officially launches Convention City in Batam
SINGAPORE (Dec 14): Property developer Oxley Holdings has officially launched the first phase of its 20,000 sq m Oxley Convention City in Batam, Indonesia.
CIMB says KL-Singapore HSR 'relevant' to Gamuda, IJM Corp, WCT
KUALA LUMPUR (Dec 14): CIMB Investment Bank Bhd said the Kuala Lumpur-Singapore High Speed Rail (HSR) bilateral agreement was a "milestone" for the project, which would see bids from Malaysian builders.
