Construction to outperform GDP growth in 2017
Construction sector Maintain overweight: Development expenditure for 2017 has been set at RM46 billion, which is flattish at +2% year-on-year (y-o-y).
Paramount Corp suspended ahead of material announcement today
KUALA LUMPUR (Jan 11): Property developer and education service provider Paramount Corp Bhd requested for its shares to be suspended from trading today, ahead of a material announcement, it said in a filing with Bursa Malaysia yesterday.
Introducing London’s high-end One Nine Elms
THE London property market has been under scrutiny since before the UK’s vote to leave the European Union (Brexit).
O&C Resources signs MoU with USIM to build in-campus student accommodations
KUALA LUMPUR (Jan 6): O&C Resources Bhd (OCR) will begin discussions with Universiti Sains Islam Malaysia (USIM) to jointly build two student accommodation for the latter.
Ikhmas Jaya seen to resume its growth trajectory in FY2017
Ikhmas Jaya Group Bhd (Jan 5, 59.
Bandar Malaysia construction jobs could hit RM50 bil
Construction sector Maintain overweight: We met the promoters of Bandar Malaysia to get a better sense of the prospects of the much-talked about Bandar Malaysia.
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Paramount Blossom ties up with China firms to develop RM650 mil Seremban residential project
PUTRAJAYA (Jan 5): Paramount Blossom Sdn Bhd is collaborating with Fujian Hexinyuantong Investment Co Ltd and China Railway Liuyuan Group Co Ltd to develop a RM650 million property project on 77 acres of land in Seremban, Negeri Sembilan.
Gabungan AQRS bags RM360.98 mil construction job in Kuantan
KUALA LUMPUR (Jan 5): Gabungan AQRS Bhd has bagged a RM360.
Will M-REITs continue to beat the odds in 2017?
AFTER the lacklustre retail sales figures seen this year, retailers and analysts expect consumer spending to gradually recover next year.
Raffles Country Club to make way for HSR facilities
SINGAPORE (Jan 4): The Land Transport Authority and the Singapore Land Authority jointly announced on Tuesday evening that the Singapore government has gazetted the site of the Raffles Country Club for acquisition, in order to house the facilities for the Kuala-Lumpur Singapore High Speed Rail (HSR), the western depot of the Cross Island Line, and other transport related needs.
