Shaw takes over as Mulpha International’s CEO
KUALA LUMPUR (Nov 30): Mulpha International Bhd has appointed Gregory David Shaw as its chief executive officer (CEO) with effect from Dec 2.
MRCB's 3Q net profit surges over four times
KUALA LUMPUR (Nov 30): Malaysian Resources Corp Bhd (MRCB) recorded a surge in its net profit of over four times to RM29.
Boustead's 3Q net profit up 7-fold, pays 5 sen dividend
KUALA LUMPUR (Nov 30): Boustead Holdings Bhd's net profit gained sevenfold in its third quarter of the financial year 2016 (FY16) due to a gain on disposal of Jendela Hikmat Sdn Bhd and sale of lands.
Developers can now withdraw 80% of deposit after CCC issued
KUALA LUMPUR (Nov 29): Developers will be able to be able to retrieve 80% of the 3% developer's deposit after the Certification of Completion (CCC) is obtained while the remaining 20% will be returned after the defects and liability period effective from Nov 11, said Minister of Urban Wellbeing, Housing and Local Government, Tan Sri Noh Omar (pictured) at the Real Estate and Housing Developers’ Association (Rehda) annual dinner tonight.
Singapore's CBD property market heating up despite gloomy outlook
SINGAPORE (Nov 29): The Singapore Central Business District has just seen its fourth major office transaction in 2016, after CLSA Capital Partners acquired 77 Robinson Road for S$531 million (RM1.
Mulpha in talks to acquire Novotel Brisbane Hotel
KUALA LUMPUR (Nov 28): Mulpha International Bhd said it is in discussions to acquire the Novotel Brisbane Hotel but has not inked any legally-binding contract for the purchase.
Ascott targets millennials with new co-living hospitality brand, Lyf
SINGAPORE (Nov 24): The Ascott Limited, CapitaLand’s serviced residence unit, has launched a new co-living hospitality concept brand Lyf, pronounced ‘life'.
A maturing market
THE Penang housing market is maturing, says Michael Geh, director at Raine & Horne International Zaki + Partners.
