Massive cash call sparks MRCB selldown
KUALA LUMPUR (May 19): Malaysian Resources Corp Bhd’s (MRCB) proposed rights issue did not go down well with shareholders.
MRCB falls by 11% on proposed rights issue
KUALA LUMPUR (May 18): Selling on Malaysian Resources Corp Bhd (MRCB) continues in the afternoon session.
Talk to us, property developers urge govt
PETALING JAYA (May 18): Property developers have called on the government to engage in dialogue with them before the adoption of the industrialised building system (IBS) is made mandatory for all players in the construction industry.
MRCB falls 6.9% on proposing rights issue
KUALA LUMPUR (May 18): Malaysian Resources Corp Bhd (MRCB) fell 6.
MRCB makes cash call to raise up to RM2.86 bil
KUALA LUMPUR (May 18): Malaysian Resources Corp Bhd (MRCB) announced this evening that it has proposed a one-for-one renounceable rights issue to raise fresh cash from shareholders to pare down its borrowings and to finance the refurbishment of the national sports complex in Bukit Jalil here.
Najib: TRX, Bandar Malaysia to announce RFP soon
KUALA LUMPUR (May 17): TRX City Sdn Bhd and Bandar Malaysia Sdn Bhd will soon announce the request for proposal (RFP) process, inviting expressions of interest for the role of master developer of Bandar Malaysia, Bernama reported Prime Minister Datuk Seri Najib Tun Razak saying today.
IWCity active, up 3.5% after given a lifeline by government
KUALA LUMPUR (May 17): Shares in Iskandar Waterfront City Bhd (IWCity) rose in active trade this morning after Minister in the Prime Minister's Department Datuk Seri Abdul Rahman Dahlan said IWH CREC Sdn Bhd is allowed to bid for the Bandar Malaysia real estate project again as long as the offer is right for the Malaysian government.
S P Setia launches Citizen Setia Facebook page
SETIA ALAM (May 16): S P Setia Bhd has launched its Citizen Setia Facebook page which aims to connect the property developer with its purchasers and "fans" on the most popular social media platform in Malaysia.
Minister calls for mandatory use of industrialised building system in construction industry
SHAH ALAM (May 16): A minister has called for the adoption of the industrialised building system (IBS) to be made mandatory for all players in the construction industry.
IWH CREC can bid for Bandar Malaysia again — PM's Department
KOTA KEMUNING (May 16): IWH CREC Sdn Bhd is allowed to bid for the Bandar Malaysia real estate project again as long as the offer is right for the Malaysian Government, according to Minister in the Prime Minister's Department Datuk Seri Abdul Rahman Dahlan.
