HSR demise could hit Jurong property prices, say reports
KUALA LUMPUR (May 29): The scrapping of the Kuala Lumpur-Singapore high-speed rail (HSR) project is already causing some concerns in Singapore, more so in the Jurong area.
Malaysia to axe HSR
PETALING JAYA (May 28): Tun Dr Mahathir Mohamad has confirmed that the Kuala Lumpur-Singapore high speed-rail (HSR) will be cancelled, with the penalty likely to be around RM500 million, the prime minister told reporters today after a Parti Pribumi Bersatu Malaysia meeting.
Govt to find ways to lower payment to S'pore for dropping HSR
PETALING JAYA (May 26): The government will find out how it can reduce the amount of money it has to pay to Singapore if it needs to drop the Kuala Lumpur-Singapore high-speed rail (HSR) project, said Prime Minister Tun Dr Mahathir Mohamad.
Lower property development earnings seen for IOI Properties
IOI Properties Group Bhd (May 21, RM1.
IOI Prop's 3Q earnings boosted by lower opex, strong JV income
KUALA LUMPUR (May 18): IOI Properties Bhd’s net profit for the third quarter ended March 31, 2018 (3QFY18) jumped 38% year-on-year to RM166.
Aspen sees 2.5 times jump in 1Q profit, driven by progress of ongoing projects
KUALA LUMPUR: Singapore-listed Aspen (Group) Holdings Ltd's net profit grew about 2.
S P Setia earnings expected to recover gradually this year
S P Setia Bhd (May 15, RM3) Maintain outperform with a target price (TP) of RM4.
Damansara Realty, Chinese firm to jointly bid for JB-S'pore RTS project
KUALA LUMPUR (May 8): Damansara Realty Bhd is teaming up with China State Construction Engineering (M) Sdn Bhd (CSCEM) to tender for the 4km Johor Baru-Singapore Rapid Transit System (RTS) railway project.
Aspen and Singapore’s Oxley in strategic partnership via share placement
PETALING JAYA (April 30): Singapore-listed property developer Aspen (Group) Holdings Ltd has entered into a placement agreement with Oxley Holdings Ltd, a Singaporean property developer, to raise about RM69 million in gross proceeds for the acquisition of landbank, future developments and working capital.
