KUALA LUMPUR (Nov 4): S P Setia Bhd, the country’s biggest listed developer by sales, in a joint venture (JV) with Investec Australia Ltd (IAL), has been shortlisted to bid for the contract to transform the A$500 million (RM1.
KUALA LUMPUR (Nov 3): Malaysian Resources Corp Bhd (MRCB) has dismissed concerns that the mega projects it is undertaking soon, particularly the rejuvenation of Bukit Jalil National Sports Complex, will strain its cash flow or spike its debt level of 1.
GEORGE TOWN (Nov 3): The Penang government has set up a sub-committee to execute the decisions of the State Commission of Enquiry into the 2013 Second Penang Bridge and Menara Umno disasters.
Property sector Maintain overweight with buy calls on Mah Sing Group Bhd, Malaysian Resources Corp Bhd, Eastern & Oriental Bhd and Titijaya Land Bhd: The Edge weekly reported that the federal government is considering a proposal by the Real Estate and Housing Developers’ Association Malaysia (Rehda) to relax lending guidelines to boost first-home ownership.
GEORGE TOWN (Nov 2): The fatal Second Penang Bridge scaffold collapse and the Menara Umno fin wall collapse in June 2013 could and should had been prevented if “gross human errors were not committed”, said a Penang Commission of Inquiry report on the two incidents.
SEREMBAN (Nov 2): Negeri Sembilan has politely reminded 592 households that they need to comply with state waste separation requirements, according to Urban Wellbeing, Housing and Local Government committee chairman Datuk Jalaluddin Alias.
HE hails from Kajang, Selangor, and manages a consultancy that specialises in marketing Australian property.
KUALA LUMPUR (Oct 30): Sunway Construction Group Bhd (SunCon) said its senior managing director (MD) Kwan Foh Kwai plans to retire at the end of this year, seeking not to extend his contract past Dec 31.
KUALA LUMPUR (Oct 30): Profit Consortium Sdn Bhd will soon meet with the 211 Plaza Rakyat buyers to discuss compensation for the lots they purchased 20 years ago for the now defunct development.
Eastern & Oriental Bhd (Oct 29, RM1.
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