Breaking up Sime Darby is a smart move — Aberdeen CEO
KUALA LUMPUR (March 14): Sime Darby Bhd’s decision to unlock value for its shareholders by breaking its conglomerate structure into three distinct pure play companies is a smart move, said Aberdeen Asset Management plc co-founder and chief executive officer (CEO) Martin Gilbert.
Sunway Construction confirms securing RM212.3m MRT2 job
KUALA LUMPUR (March 13): Sunway Construction Group Bhd confirms that its subsidiary Sunway Construction Sdn Bhd (SCSB) has bagged a construction job from intercity railway operator Mass Rapid Transit Bhd (MRT) worth RM212.
UEM Sunrise plans RM372.57m land disposals in Canada
KUALA LUMPUR (March 13): UEM Sunrise Bhd's wholly-owned subsidiary UEM Sunrise (Canada) Alderbridge Ltd (UEMS Alderbridge) plans to sell three parcels of land in the District of New Westminster, Richmond, British Columbia, Canada, with a total area of 4.
EcoWorld unveils Eco Grandeur show village and launches ‘My Happy Place’ campaign
PETALING JAYA (March 13): Eco World Development Group Bhd (EcoWorld) has opened the show village for Eco Grandeur in Puncak Alam, Selangor last weekend.
Sunway Iskandar gears up for mid-year launch of the GRID Collection
PETALING JAYA: Sunway Property, the property division of Sunway Bhd, will be targeting young entrepreneurs and new start-ups for the GRID Collection at Sunway Iskandar, Johor.
MRT Corp awards RM2.74b contracts to Gadang, SunCon, TRC and Acre Works
KUALA LUMPUR (March 10): Mass Rapid Transit Corp Sdn Bhd (MRT Corp) has awarded work packages worth a total of RM2.
Country Garden: Closure of Forest City sales galleries in China not because of capital outflow controls
PETALING JAYA (March 10): Hong Kong-listed Country Garden Holdings Co Ltd has denied that the closure of Forest City’s sales galleries in China was due to the government’s capital control policy.
Country Garden closes all China sales centres
KUALA LUMPUR (March 10): Hong Kong-listed Country Garden Holdings Co Ltd has closed all sales centres in China for its Forest City housing project in Johor, according to a South China Morning Post report yesterday.