Federal Court’s judgement in Ang Ming Lee case relieves developers from retrospective suits
What now for homebuyers? Homebuyers can be rest assured that their right to claim for damages for late delivery of vacant possession remains unchanged.
REHDA Malaysia welcomes Federal Court’s ruling involving the delivery period of properties in Prema Bonanza Sdn Bhd and Sri Damansara Sdn Bhd case
REHDA Malaysia president Datuk Ho Hon Sang: “We would also like to reiterate that we are not in favour of unnecessary extension of time unless for very valid reasons, developers must honour the terms in the contracted sales to deliver within the time allowed by the law.
Eversendai attempting to resume upside movement, says RHB Retail Research
In a trading stocks note on Friday, the research house said the counter is seen moving sideways below the 64 sen resistance.
Ahmad Zaki gets RM152 mil contract to build Port Dickson specialist hospital
The latest contract is Ahmad Zaki's second win from the public works department in 2024.
TA Securities downgrades Gadang to 'sell', cuts target price to 37 sen
In a note on Thursday, the research house said this negative variance was primarily due to higher-than-anticipated project operating costs and tax expenses.
CapitaLand Malaysia Trust eyes more industrial, logistic assets in Johor
In February this year, CLMT acquired three prime freehold ready-built factories in Nusajaya Tech Park in Iskandar Malaysia from Nusajaya Tech Park Sdn Bhd for a total RM27 million, marking the trust's entry into the industrial market, as it diversified its geographical footprint to Johor.
CapitaLand Malaysia Trust positive on outlook amid increased tourist spending, occupancy rates
"This resilience is partly due to increased disposable income from EPF Account Three withdrawals, which has helped mitigate some living cost pressures,” said Tan Choon Siang, the chief executive officer of the trust's manager, CapitaLand Malaysia REIT Management Sdn Bhd.
Gadang narrows losses in 4Q on higher construction revenue
For the full year, Gadang returned to the black with a net profit of RM4.
CapitaLand Malaysia Trust's 2Q NPI jumps 15.2% to RM65.47m, announces 1.17 sen DPU
CLMT attributed the improved earnings mainly to contribution from Queensbay Mall, which it acquired in March 2023, and better performances of Gurney Plaza, Sungei Wang Plaza, 3 Damansara and Valdor Logistics Hub.
SC Estate Builder signs pacts to bid for solar projects, develop homes
The target is to build 2,000 to 3,000 units of affordable houses with solar power on the roofs, two-metre wide walkway and bicycle lanes with internet connectivity.
