Zecon back to steady growth path after recent setbacks
KUALA LUMPUR (Dec 11): Zecon Bhd has suffered several setbacks recently, but its chief executive officer Syed Mohd Muzakir Syed Hussin Al-Jofre believes that’s all behind now.
I&P to launch its first condominium in Alam Damai
KUALA LUMPUR (Dec 7): I&P Group Sdn Bhd, now a member of S P Setia Bhd, will be launching the first condominium block at Cemara Damai Residence in Alam Damai, Cheras on Dec 16.
AmInvestment Bank: More developers to cut prices, increase mass-market housing in 2018
PETALING JAYA (Dec 7): The property sector is expected to stir in 2018 as developers continue to cut prices — by 10% to 15% or more — and adjust to the reality that demand lies in mass-market affordable housing, said AmInvestment Bank in a report today.
PNB sells Brisbane office building for A$370m
KUALA LUMPUR (Dec 7): Permodalan Nasional Bhd (PNB) has sold Santos Place, a prime-grade office building at 32 Turbot Street, Brisbane, Australia for A$370 million (RM1.
Mulpha International issues US70m debt notes
KUALA LUMPUR (Dec 5): Mulpha International Bhd has issued the sixth series of notes under its US$200 million (RM818 million) Medium Term Note (MTN) programme.
Vivocom seen to be entering into slower billing cycle
Vivocom International Holdings Bhd (Dec 4, 13 sen) Maintain buy recommendation with an adjusted target price (TP) of 33 sen per share: Vivocom International Bhd’s nine-month financial year 2017 (9MFY17) earnings came below expectations.
S P Setia offers ‘Jom Pindah’ campaign in Johor
PETALING JAYA (Dec 4): S P Setia Bhd has launched its ‘Jom Pindah’ year-end campaign, offering a slew of products for homebuyers and business owners in the southern state of Malaysia, Johor.
Melaka monorail begins operations again today
PETALING JAYA (Dec 4): The Melaka Monorail is expected to begin operations today following a four-year hiatus owing to technical issues, reported Bernama.
‘Properties remain unaffordable’
KUALA LUMPUR (Nov 30): When measuring housing affordability, policymakers should take into account a person’s “lifetime” earning capability, instead of basing it on current income level, said Monash University senior lecturer Dr Jason Ng Wei Jian.
KL-Klang BRT project cancelled due to LRT3
KUALA LUMPUR (Nov 29): The government has cancelled the Kuala Lumpur-Klang bus rapid transit (BRT) project as the service will overlap with the proposed light rail transit 3 (LRT3) project, the Dewan Rakyat was told yesterday.
