Penang Rehda to banks: Loosen housing loan rules

PENANG (Feb 14): Banks should reveal statistics of defaulters to “justify” their “strict” rules on housing loans, said Real Estate and Housing Developers Association (Rehda) Penang immediate past president Datuk Jerry Chan, reported The Star today.

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KPKT optimistic on property market outlook

KUALA LUMPUR (Oct 12): Housing and Local Government Minister Zuraida Kamaruddin is upbeat about the prospects of the property market next year despite the less-than-rosy statistics from the first half of this year (1H2018) presented by the National Property Information Centre (Napic) yesterday.

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Ikhmas expected to resume growth trajectory on higher progress billing

Ikhmas Jaya Group Bhd (Feb 2, 56 sen) Maintain buy with an unchanged target price (TP) of 75 sen: Ikhmas Jaya Group Bhd recently announced that it had accepted a letter of award from Mudajaya Corp Bhd to undertake subcontract bored pilling works (Zone 2 and Zone 3) for light rail transit (LRT) 3 package GS01.

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Construction player GDB Holdings seeks ACE Market listing

KUALA LUMPUR (Oct 13): GDB Holdings Bhd, a construction services provider which focuses on high-rise residential, commercial and mixed development projects, is aiming to be listed on Bursa Malaysia’s ACE Market to raise funds, mainly for capital expenditure (capex).

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