DBKL halls managed by BN affiliates left in shambles
KUALA LUMPUIR (June 20): The former caretakers of the Kuala Lumpur City Hall (DBKL)’s community and multipurpose halls have been found to be takers rather than carers.
More downside for construction sector besides higher building material prices — TA Securities
KUALA LUMPUR (June 18): The construction sector will likely have to brace for more downside moving forward apart from the rising building material costs, according to TA Securities.
Cement price hike may cause house prices to rise by 10% - 15%
PETALING JAYA (June 17): The cement price hike of close to 50% will spark a chain reaction in the construction and property development industry, which may likely lead to a property price increase of 10% to 15%.
Two alleged 1MDB co-conspirators sent to jail in Abu Dhabi
KUALA LUMPUR (June 17): Two men linked to the 1Malaysia Development Bhd (1MDB) kleptocracy scandal have been convicted of financial crimes and sentenced to jail in Abu Dhabi, The Wall Street Journal reported yesterday, citing a statement from the emirate’s criminal court.
Kenari Maluri intervenes in KL land dispute
KUALA LUMPUR (June 14): Kenari Maluri Sdn Bhd — a company which claims to represent the majority of Semantan Estates (1952) Sdn Bhd’s shareholders — has applied to intervene in the company’s judicial review application against the government, claiming that it wants to provide a win-win solution to a pre-Merdeka land dispute over a large tract of prime land in the former Jalan Duta here.
SunCon intensifying pursuit of overseas construction jobs
Sunway Construction Group Bhd (June 12, RM2) Maintain underweight with a fair value (FV) of RM1.
Crest Builder to focus on construction segment in FY19
Crest Builder Holdings Bhd is expecting its financial performance in the financial year ending Dec 31, 2019 (FY19) to be "close enough" to its record FY18, which benefitted from a slew of property launches in Shah Alam.
Khalid defends YWP role amidst criticism of conflict
KUALA LUMPUR (June 11): The Federal Territories (FT) ministry cannot do without controversial company Yayasan Wilayah Persekutuan (YWP), said FT minister Khalid Samad today, in the latest instalment of the Rimba Kiara development saga.
Defence ministry to take measures against land encroachment
PETALING JAYA (June 11): The defence ministry (MinDef) will be taking measures against those who have encroached onto its land .
Three sets of monorail trains to be delivered by Aug 16, says transport minister
KUALA LUMPUR (June 11): The refurbishment of three sets of monorail trains will be completed, and the train sets are expected to delivered by Aug 16 this year, says Transport Minister Anthony Loke.
