IKEA to set up RM908 mil regional hub in Malaysia
KUALA LUMPUR (Aug 23): The world’s largest furniture retailer IKEA will invest RM908 million to set up a regional distribution and supply chain centre in Malaysia to serve the Asean market.
Hock Seng Lee 2Q profit down on lower construction income
KUALA LUMPUR (Aug 23): Hock Seng Lee Bhd’s (HSL) net profit for the second quarter ended June 30, 2017 (2QFY17) fell 21% year-on-year (y-o-y) to RM9.
Three33 Residences in Kepong targets young homebuyers
KUALA LUMPUR (Aug 23): TSI Domain Sdn Bhd plans to launch its second residential project in Kepong, Kuala Lumpur by end-September.
Country Garden posts record six-month net profit
KUALA LUMPUR (Aug 22): China property developer Country Garden Holdings Co Ltd reported a record high six-month net profit as business in smaller cities continued to boom, according to a Reuters report today.
Kerjaya Prospek 2Q earnings up 34% to RM32.9m, adopts minimum 25% dividend policy
KUALA LUMPUR (Aug 22): Kerjaya Prospek Group Bhd's net profit for its second quarter ended June 30, 2017 rose 34% to RM32.
S P Setia's Saraca project in Setia Ecohill bags Quality Excellence Award
KUALA LUMPUR (Aug 22): S P Setia Bhd said one of its projects in Setia Ecohill, Semenyih, has been recognised for quality excellence at the High Qlassic Achievement Awards 2017 organised by the Construction Industry Development Board yesterday.
Number of construction projects assessed with Qlassic increased 15% last year
PETALING JAYA (Aug 21): The number of construction projects that were assessed with the Quality Assessment System in Construction (Qlassic) have increased 15% to 311 projects in 2016 from the previous year.
PKNS stimulates property take-up with cash incentives for introducers
SHAH ALAM (Aug 21): The Selangor State Development Corp (PKNS) is offering cash incentives of between RM4,000 and RM10,000 to those who introduce its properties to buyers through the MyPKNS Incentive Programme.
KL city office occupancy continues decline in 1H2017
PETALING JAYA (Aug 21): Occupancy rates for purpose-built offices (PBOs) in Kuala Lumpur city continued its decline to record at 80.
