Hua Yang 2Q net profit up 10.4% at RM28.69 mil
KUALA LUMPUR (Oct 21): Hua Yang Bhd's net profit for the second quarter ended Sept 30, 2015 (2QFY16) grew 10.
"No fire sale yet" in the property market, says consultant
PETALING JAYA (October 21): Despite the slowdown in the property market, there are no fire sales on the secondary market because of the strong holding power of Malaysian buyers, said Stephen Yew, executive director of The One Property International Sdn Bhd.
Luxury hotel development offers Dominican citizenship to outside investors
(OCT 21): Cabrits Resort Kempinski Dominica, a luxury hotel in Douglas Bay in Cabrits, will be the first government-approved real estate project under the Citizenship by Investment programme of the Commonwealth of Dominica, under which investors who purchase a share in the development for US$220,000 will be able to obtain citizenship of the country.
UEM Sunrise jumps 5% after report on UEM-Samsung JV close to winning KL118 tower job
KUALA LUMPUR (Oct 21): UEM Sunrise Bhd saw its share price rallied as much as 5.
Ampang Park Shopping Centre owners still in limbo
KUALA LUMPUR (Oct 21): Ampang Park Shopping Centre owners remain in limbo after their much anticipated meeting with the mall’s management yesterday over the compulsory acquisition of the building.
E&O to appoint STP2 reclamation works contractor soon
Eastern & Oriental Bhd (Oct 20, RM1.
Glomac calls on Bank Negara to ease lending rules
KUALA LUMPUR: Bank Negara Malaysia should ease and provide more flexibility for end-financing of property purchases, especially for first-time buyers, said Glomac Bhd group managing director Datuk Seri Fateh Iskandar Mohamed Mansor (pictured).
WCT to reap about RM60m profit from TRX contract win
KUALA LUMPUR (Oct 21): WCT Holdings Bhd is expected to reap only about RM60 million in pre-tax profit from the RM754.
