KUALA LUMPUR (July 6): Sime Darby Property Bhd said it sold as much as 90% of its new launches within one week, suggesting resilient demand for both its residential and commercial products despite the soft property market.
KUALA LUMPUR (July 2): Almost 10 years after the federal government shot down a proposal to build an airport funded by the private sector in Labu, Negeri Sembilan, the topic has been revived after the Pakatan Harapan state government announced its intention to develop an aviation hub there.
KUALA LUMPUR (June 26): Rumours about the impending resignation of Permodalan Nasional Bhd (PNB) chairman Abdul Wahid Omar (pictured) are swirling again.
KUALA LUMPUR (June 22): State-owned fund manager Permodalan Nasional Bhd (PNB) has declined to comment on reports that its chairman Tan Sri Abdul Wahid Omar will be resigning early next month.
KUALA LUMPUR (June 12): S P Setia Bhd shares slumped as much as 27 sen or 8% to RM2.
PETALING JAYA (June 12): The new Pakatan Harapan administration will investigate all the previous government’s dubious investments – including the multi-billion ringgit Battersea Power Station project, said PKR de facto leader Datuk Seri Anwar Ibrahim.
KUALA LUMPUR (June 7): These may be challenging times for the Malaysian property sector, but it is also an opportunity for the company to undergo renewal, said Sime Darby Property group managing director Datuk Amrin Awaluddin.
KUALA LUMPUR (May 25): Sime Darby Property Bhd (SD Property) saw an 18-fold year-on-year (y-o-y) rise in net profit for the third quarter ended March 31, 2018 (3QFY18) to RM33.