News about UN

PETALING JAYA (Nov 19): Sunsuria Bhd will launch The Olive — the first residential development in Sunsuria City in Salak Tinggi, Selangor — by the end of the month.

KUALA LUMPUR (Nov 18): Pintaras Jaya Bhd, a piling and civil engineering services provider, saw its net profit for the first quarter ended Sept 30, 2016 (1QFY17) nearly doubled to RM13.

GEORGE TOWN (Nov 18): Penang Gerakan Youth today urged the state government to restrict foreigners from buying heritage properties.

KUALA LUMPUR (Nov 17): Malaysian Resources Corp Bhd (MRCB) is disposing of a one acre plot of land to Mass Rapid Transit Corp Sdn Bhd (MRT Corp) for RM180 million due to concerns over its proximity to the construction of the MRT Line 2.

PETALING JAYA (Nov 17): Penang property developer Tambun Indah Land Bhd has recorded a net profit increase of 5.

KUALA LUMPUR (Nov 17): Eastern & Oriental Bhd (E&O) is planning to launch an estimated RM205 million gross development value of properties within its Seri Tanjung Pinang development in Penang within the next three months.

Any typical developer will maximise profit by building as much selling space as possible within an acquired plot.

KUALA LUMPUR (Nov 17): CIMB Group Holdings Bhd is bracing for a "slight slowdown" in home and car loans in 2017, as the banking sector contends with weak consumer sentiment, CIMB group consumer banking CEO Samir Gupta said.

KUALA LUMPUR (Nov 17): Tiles maker and property developer Seacera Group Bhd is acquiring property investment firm Duta Nilai Holdings Sdn Bhd for RM165.

SUBANG JAYA (Nov 16): Sunway Bhd plans to turn the office blocks located above the upcoming Sunway Velocity Mall into a real estate investment trust (REIT) product.