UEM Sunrise 2Q net profit at RM214m, revenue up at RM573m
KUALA LUMPUR (Aug 28): UEM Sunrise Bhd posted a second quarter net profit of RM213.
UPDATE: KPKT minister: Ban on foreign buyers at Forest City not confirmed yet
PETALING JAYA (Aug 28): The decision to ban foreign buyers of units in Country Garden Holdings' Forest City development in Johor is not official yet, said Housing and Local Government Minister Zuraida Kamaruddin.
Country Garden shares see-saw over Dr M’s foreign property ownership ban, says report
KUALA LUMPUR (Aug 28): Country Garden Holdings’ shares “see-sawed” yesterday after Malaysian Prime Minister Tun Dr Mahathir Mohamad announced that foreigners will not be allowed to buy property at the Forest City (pictured) mega project in Johor.
Sunsuria 3Q net profit falls 20% on lower revenue
KUALA LUMPUR (Aug 28): Sunsuria Bhd's net profit fell 20% to RM25.
UEM Sunrise’s plan to expand in country’s central region seen positive
UEM Sunrise Bhd (Aug 27, 92 sen) Maintain buy with an unchanged target price of RM1.
CEP report ‘never meant for publication’
KUALA LUMPUR (Aug 28): The 100-day report by the Council of Eminent Persons (CEP) was never meant to be published for the public, said economist Dr Jomo Kwame Sundaram.
Ideal United shares hit 13-year high after sharp rise in 2Q earnings
KUALA LUMPUR (Aug 27): Ideal United Bintang International Bhd’s (IUBI) share price hit a 13-year high of RM1.
Country Garden stresses that all foreign purchases comply with Malaysian laws and regulations
PETALING JAYA (Aug 27): Country Garden Pacificview Sdn Bhd, the master developer of Forest City in Iskandar Malaysia, Johor, reiterated that all its property transactions comply with all Malaysian laws and regulations and have the necessary approvals to be sold to foreign purchasers.
Malaysia bans foreigners from Forest City mega project
KUALA LUMPUR (Aug 27): Prime Minister Tun Dr Mahathir Mohamad has announced that foreigners will not be allowed to buy property at the Forest City (pictured) mega project in Johor or be granted visas to live there.
PM says tax refunds to be paid only when govt has money – report
KUALA LUMPUR (Aug 27): The Prime Minister Tun Dr Mahathir Mohamad has said that the government can only refund overpaid taxes when it has the monies to do so.
