News about ST

“We should not ‘brand’ affordable housing as an effort that only the government can provide,” said Suraya Ismail, Director of Research in Khazanah Research Institute.

The association also wants the creation of a Housing Index “as different states and localities have different standards or definitions of affordable housing.

The association explained that this would “eliminate the current practice of cross-subsidies that raise the costs of regularly priced housing, making it more expensive for the M40 rakyat to afford homes”.

"The management team is in the midst of finalising the outstanding quarterly reports, targeting to release them by the first week of June 2023," Top Builders said in a bourse filing.

The contract was for the proposed construction and completion of three phases of double-storey houses and other associated works in Hulu Langat, Selangor.

The piling and engineering firm also faces delisting if it fails to issue its outstanding financial statements within six months, according to its filing on Thursday (June 1).

The last time Ekovest fell into the red was in 4QFY2022, with a net loss of RM123.

Shareholders rejected the proposal for Star Media to sell a piece of land in Bukit Jelutong with the proposed buildings to Matang for RM33 million.

In a bourse filing on Wednesday (May 31), Econpile said its unit Global Piling Solutions Co Ltd secured the contract for Odom Living Co Ltd for the Odom development at Norodom Boulevard, Sangkat Tonle Bassac, Phnom Penh.

Aside from a land asset, the deal includes the sale of the two semi-detached buildings to Matang, which will be developed by Star Media at an estimated cost of RM14.