News about ST

KUALA LUMPUR (Nov 1): The net gearing of UEM Sunrise Bhd is expected to improve to 0.

KUALA LUMPUR (Nov 1): Tycoon Tan Sri Lim Kang Hoo has suffered a setback with his plan to merge Iskandar Waterfront Holdings Sdn Bhd (IWH) with its 38.

KUALA LUMPUR (Oct 31): Former Johor Corp (JCorp) president and chief executive officer (CEO) Tan Sri Muhammad Ali Hashim has passed away at the age of 70, according to a Bernama report.

KUALA LUMPUR (Oct 31): The Urban Wellbeing, Housing and Local Government Ministry (KPKT) has established a special committee to investigate affordable housing scams, which has cost homebuyers to lose RM6.

KUALA LUMPUR (Oct 31): EcoFirst Consolidated Bhd’s first quarter ended Aug 31, 2017 (1QFY18) saw net profit risen 170.

KUALA LUMPUR (Oct 31): Two companies that are substantially owned by tycoon Tan Sri Lim Kang Hoo called for a trading halt yesterday, sparking speculation that the tycoon may be about to restructure his real estate holdings.

PETALING JAYA (Oct 30): One lucky winner of a competition held during the Malaysia Virtual Property Expo 2017 (VPEX 2017) by EdgeProp.

The auction market has seen more commercial properties go under the hammer in the first half of this year compared with the same period last year, according to Auctionguru.

PETALING JAYA (Oct 27): Although Budget 2018 doesn’t have any significant proposals for the property market, some of the proposals may indirectly offer opportunities to boost demand for houses.

KUALA LUMPUR (Oct 27): CBRE | WTW viewed the government’s move of not reintroducing the developer interest bearing scheme (DIBS) and maintaining the current real property gains tax (RPGT) rate in Budget 2018 as positive.