Limited downside for S P Setia in case of Brexit, says CIMB IB
KUALA LUMPUR (June 17): CIMB Investment Bank Bhd (CIMB IB) is projecting a limited downside for S P Setia Bhd if the UK votes to leave the European Union (EU).
Sunway expects to sustain performance despite challenges
KUALA LUMPUR (June 17): Sunway Bhd expects to sustain its performance for the current financial year ending Dec 31, 2016 (FY16) despite challenges faced by the property and construction sectors.
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First phase of Bandar Malaysia to cost up to RM60 bil
KUALA LUMPUR (June 17): The first phase of the Bandar Malaysia project is expected to cost between RM50 billion and RM60 billion, said Iskandar Waterfront Holdings Bhd (IWH) executive vice-chairman Tan Sri Lim Kang Hoo (pictured).
TRX City’s net profit drops 55%
PETALING JAYA (June 17): TRX City Sdn Bhd, the property development arm of 1Malaysia Development Bhd (1MDB), achieved a net profit of RM380.
Mah Sing targets RM1.8b launches in 2H2016
KUALA LUMPUR (June 16): Mah Sing Group Bhd will be launching RM1.
‘No stop order for Penang undersea tunnel study’
GEORGE TOWN (June 16): Contrary to his earlier statement, Consortium Zenith BUCG Sdn Bhd (CZBUCG) chairman Datuk Zarul Ahmad Mohd Zulkifli (pictured) yesterday said the Penang government did not order the company to halt the feasibility study on the Penang-Butterworth undersea tunnel.
Hap Seng buys Kuala Selangor plots for RM228.75 mil
KUALA LUMPUR (June 16): Hap Seng Consolidated Bhd is buying 36 parcels of freehold agricultural land with an aggregate land size of 1,449.
PROPERTY SNAPSHOT 4: What’s hot in Tropicana/Sunway Damansara?
• Today, we look at price growth and indicative rental yields for non-landed homes in Tropicana/Sunway Damansara.
Penang halts undersea tunnel study, raising doubts about construction
KUALA LUMPUR (June 15): The Penang government has issued a halt order on the 83%-complete feasibility studies and detailed design (FSDD) for the 7.
