News about UN

KUALA LUMPUR (Nov 22): Property developer Sunsuria Bhd’s net profit in the fourth quarter ended Sept 30, 2017 (4QFY17) grew 23% to RM30.

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

KUALA LUMPUR (Nov 22): Kerjaya Prospek Group Bhd posted a record profit of RM34.

KUALA LUMPUR (Nov 22): Gabungan AQRS Bhd has received a letter of intent (LoI) from KotaSAS Sdn Bhd to build 1,004 landed homes in Kota Sultan Ahmad Shah, Kuantan, Pahang, valued at RM189.

Sunway Construction Group Bhd (Nov 21, RM2.

PETALING JAYA (Nov 21): The temporary freeze on approvals for the development of shopping complexes, offices, serviced apartments and luxury condominiums priced over RM1 million will be a much-needed relief for landlords or owners of office and residential buildings as it will allow the market to absorb the existing large supply through rising population growth, urbanisation and migration to cities, said JLL Malaysia associate director, research and consultancy Veena Loh.

PETALING JAYA (Nov 21): The recent directive by the government to freeze approvals for shopping complexes, offices, serviced apartments and luxury condominiums priced over RM1 million is seen as a misguided move by property consultancy firm Knight Frank Malaysia.

PETALING JAYA (Nov 21): Property developers handing over their debts and liabilities mainly in the form of water and electricity arrears to joint management bodies (JMBs) will evidently jeopardise proper maintenance by the JMBs, said the Malaysian Institute of Professional Property Managers (MIPPM).

PETALING JAYA (Nov 21): IJM Corp Bhd (IJM) is developing Menara Prudential at the international financial district Tun Razak Exchange (TRX), said IJM and TRX City Sdn Bhd in a press statement today.

KUALA LUMPUR (Nov 21): The upcoming appointment of a project delivery partner (PDP) for Malaysia’s portion of the KL-Singapore High Speed Rail (HSR) is seen as a “positive surprise” for Malaysian contractors, said CIMB Research today.