EcoWorld International up 3.85% on plans for UK development jobs
KUALA LUMPUR (Nov 9): EcoWorld International Bhd (EWI) shares rose 3.
EcoWorld International partners Willmott Dixon to expand UK presence
PETALING JAYA (Nov 8): EcoWorld International Bhd (EWI) has entered into a Heads of Agreement (HoA) with privately-owned contracting and interior fit-out group Willmott Dixon to jointly develop 12 sites in Greater London and southeast of England, EWI announced in a press statement today.
MBSB eyes trade finance, money market after AFB buy
KUALA LUMPUR (Nov 7): Malaysia Building Society Bhd (MBSB) is eyeing trade financing and money market opportunities now that it has inked a deal to acquire Asian Finance Bank (AFB) for RM644.
Former JCorp CEO Muhammad Ali passes away at 70
KUALA LUMPUR (Oct 31): Former Johor Corp (JCorp) president and chief executive officer (CEO) Tan Sri Muhammad Ali Hashim has passed away at the age of 70, according to a Bernama report.
EcoWorld moves up the rankings
PETALING JAYA (Oct 30): Relative newcomer Eco World Development Group Bhd (EcoWorld) ranked fifth in The Edge Malaysia Top Property Developers Awards 2017, following its sixth place last year.
Think tanks: More could be done to boost property sector
PETALING JAYA (Oct 27): While the measures announced by Prime Minister Datuk Seri Najib Razak in Budget 2018 for the housing sector show that the government is continuously trying to help first-time homebuyers, more could be done, said think tanks.
MRT Corp: MRT 3 will be delivered on time and within budget
KUALA LUMPUR (Oct 27): Mass Rapid Transit Corp Sdn Bhd (MRT Corp) said it will ensure that the Mass Rapid Transit Line 3 (MRT 3) or the Circle Line will be delivered on time and within budget.
BBCC welcomes the first Canopy by Hilton in Southeast Asia
KUALA LUMPUR (Oct 27): Bukit Bintang City Centre (BBCC) at the former Pudu Prison site in Kuala Lumpur will house the first Canopy by Hilton in Southeast Asia, following the signing of a sale and purchase agreement.
WCT to list REIT in mid-2018, may inject Paradigm Mall JB — Affin Hwang IB
KUALA LUMPUR (Oct 27): WCT Holdings Bhd is expected to list its real estate investment trust (REIT) in mid-2018, after it had had delayed the listing of the property trust that was scheduled by end-2017, according to Affin Hwang Investment Bank Bhd (Affin Hwang IB).
Association seeks tax-free dividends for REITs
KUALA LUMPUR (Oct 27): While Malaysia imposes a lower rate of withholding tax on dividends paid to retail investors of real estate investment trusts (REITs) compared with many other countries, the Malaysian REIT Managers Association (MRMA) is of the view that a total tax exemption should be given to attract more investments.
