Chin Hin Group emerges as single largest shareholder in Ajiya with 24.68% stake
KUALA LUMPUR (March 18): Chin Hin Group Bhd has emerged as the single largest shareholder of building materials manufacturer Ajiya Bhd with a 24.
IOI Properties launches IOI Kickstart, a three-year incubation program for start-ups
PETALING JAYA (March 17): IOI Properties Group (IOIPG) has launched IOI Kickstart, an initiative aimed to provide financial support and business technique to promising start-ups in the proptech, agritech and green solutions field.
MRT3 to keep construction players busy for next eight years; Gamuda main beneficiary — analysts
KUALA LUMPUR (March 16): The construction of the Mass Rapid Transit 3 (MRT3) is projected to keep industry players busy for the next eight years, and conglomerate Gamuda Bhd will be the main beneficiary given its work on the previous two projects, analysts said.
MRT3 Circle Line to complete Klang Valley transport system, say public transport operators
KUALA LUMPUR (March 16): Major public transportation players in the country have pledged their support towards Mass Rapid Transit Line 3 (MRT3), given the megaproject's beneficial outcomes.
MoF to raise up to RM50b to fund MRT3
KUALA LUMPUR (March 16): The Ministry of Finance (MoF) has committed up to RM50 billion in financing for the Mass Rapid Transit 3 (MRT3) Circle Line project, whose initial estimated construction cost is RM31 billion plus land acquisition of RM8 billion.
MRT3’s construction cost to be around RM31b, and be operational by 2030, says MRT Corp
KUALA LUMPUR (March 15): The Mass Rapid Transit 3 (MRT3) Circle Line project, which is estimated to cost around RM31 billion, will be fully operational by 2030 after receiving the approval from the government.
Rehda: Developers face balancing act in pricing properties as construction costs expected to spike 19%
KUALA LUMPUR (March 15): Real Estate and Housing Developers’ Association (Rehda) deputy president Datuk N K Tong said the latest survey conducted by the association showed that some developers expect housing prices to rise on the back of anticipation of increased construction costs.
MRT3 construction involves five main packages, tender open in May, says Wee
KUALA LUMPUR (March 15): Transport Minister Datuk Seri Dr Wee Ka Siong said the tender for construction works on the Mass Rapid Transit 3 (MRT3) Circle Line project will be opened for tender in May.
Property developers more optimistic about 2H22, Rehda survey reveals
PETALING JAYA (March 15): Malaysian property developers are more optimistic about 2H22 compared to 1H22 in terms of business and economic outlook, according to Real Estate and Housing Developers’ Association Malaysia (Rehda).
Rehda: Property sales improve 16.8% to 5,303 units in 2H21
KUALA LUMPUR (March 15): Property sales in the country rose 16.
