News about UK

KUALA LUMPUR (Nov 23): Ekovest Bhd said it has a tender book of more than RM5 billion worth of jobs todate, and this is expected to keep it busy for the next three to five years.

KUALA LUMPUR (Nov 23): WCT Holdings Bhd’s net profit for the third quarter ended Sept 30, 2017 grew 70.

KUALA LUMPUR (Nov 22): Tambun Indah Land Bhd, whose third-quarter net profit fell 5.

KUALA LUMPUR (Nov 22): TA Global Bhd expects only minimal impact from the recent government freeze on development approvals for shopping complexes, offices, serviced apartments and luxury condominiums priced over RM1 million.

PETALING JAYA (Nov 22): Malaysia's move to freeze development approvals for shopping complexes, offices, serviced apartments and luxury condominiums priced over RM1 million each, is “too vague", Malton Bhd said, on not receiving clearer guidelines from the government.

PETALING JAYA (Nov 21):  The Real Estate and Housing Developers Association (Rehda) Malaysia hopes that the authorities will reconsider the new ruling to freeze approvals of developments, including condominiums priced above RM1 million, it said in a press statement today.

PETALING JAYA (Nov 21): Sime Darby Property Bhd’s latest launch in Subang Jaya, Lot 15 serviced apartment, has achieved a 64% take-up rate of its 204 units for sale during its weekend launch on Nov 18 and 19.

KUALA LUMPUR (Nov 21): Second Finance Minister Datuk Seri Johari Abdul Ghani reiterated the need for Malaysia's freeze on development approvals for shopping complexes, offices, serviced apartments and luxury condominiums priced over RM1 million, to safeguard the banking sector.

PETALING JAYA (Nov 20): There is still a lot of ambiguity in the new ruling to freeze approvals for four types of developments in Kuala Lumpur, said Zerin Properties CEO Previndran Singhe.

PETALING JAYA (Nov 20): The Cabinet directive to Dewan Bandaraya Kuala Lumpur (DBKL) to freeze approvals for luxury developments is not absolute, as projects will be evaluated on a case-by-case basis.