OSK Property officially launches BLVD apartment in Melbourne Square with over 40% units taken-up
Located along 19 Hoff Boulevard Street, BLVD is a 73-storey apartment development.
Kenanga stays ‘neutral’ on REIT sector as inflationary pressure, targeted fuel subsidies may drag prospects
The research firm in a note on Thursday said that although office spaces are becoming more relevant, overall occupancy levels may remain thin, as the incremental supply of new office spaces could outweigh the modestly rising take-up, further dampening the sector’s outlook.
Central Global files lawsuit over outstanding payments from Penang apartment construction job
The lawsuit was filed by Proventus Bina — a wholly-owned subsidiary of CIC Construction Sdn Bhd, which in turn is a wholly-owned subsidiary of CGB — against Tang Kae Shih, who acts as a surety on behalf of the project’s main contractor Simbol Era Sdn Bhd.
RHB IB remains upbeat on construction sector, names Gamuda, Sunway Construction and Kerjaya Prospek as top picks
In a sector update on Thursday, the research house said that moving forward, the federal government may now be able to focus its efforts to roll out big-ticket infrastructure projects, in addition to implementing institutional reforms.
AEON 2Q slumps 36% on lower revenue, higher operating costs
Revenue for the period rose 2.
EcoWorld issues RM550m sukuk for working capital, capex
In a filing with Bursa Malaysia on Thursday (Aug 10), the property developer said the proceeds from the sukuk will be utilised by EcoWorld Malaysia and its subsidiaries or any joint ventures related to them.
MIDF sees Malaysia's construction activity slowing in 2Q2023
The research house said Malaysia's construction activity in the second quarter of 2023 expanded for the fifth straight quarter since 2Q2022, reporting an increase of 8.
Malaysia's construction activity rises for fifth straight quarter; but seen slowing in 2Q2023
“The increment (in 2Q2023 construction value) was supported by double-digit growth in the civil engineering sub-sector, which grew by 10.
Bina Puri JV gets RM72.85 mil sub-contract from Public Works Department
The contract is for all the works under a project known as Jalan Kampung Medong/Lebrasau/Kampung Klid, Daerah Dalat, Bahagian Mukah, under a sub-contract agreement with Tokoh Ilham Sdn Bhd.
