News about ar

MAMMOTH Empire Holdings Sdn Bhd, the property developer and asset manager behind Empire Shopping Gallery in Subang, Selangor, plans to raise funds through a maiden issue of bonds.

KUALA LUMPUR (Aug 3): Malaysian houses priced up to RM165,060 each are "considered affordable" to the median Malaysian household, but only 21% of housing launches in the country were priced below RM250,000 in 2014.

KUALA LUMPUR (Aug 3): TSR Capital Bhd, which currently has an order book of RM800 million, is tendering RM5 billion worth of construction projects, including the Damansara-Shah Alam Elevated Expressway, Sungai Besi-Ulu Klang Elevated Expressway, and mass rapid transit and light rail transit 3 projects.

Bina Puri Holdings Bhd (Aug 2, RM0.

TRX City Sdn Bhd (formerly known as 1MDB Real Estate Sdn Bhd) saw a net profit of RM380.

THE slowdown in the property market is not news to developers and the public.

SINGAPORE (Aug 2): Religare is reiterating its “buy” call on Starhill Global (SGREIT) with an unchanged target price of 90 cents, with the view that its portfolio’s performance is set to stabilise.

KUALA LUMPUR (Aug 2): Mass Rapid Transit Corp Sdn Bhd (MRT Corp) said it is currently undertaking the mechanical and electrical system works of Phase 1 of the MRT Sungai Buloh-Kajang (SBK Line or MRT Line 1), which is on track to meet its targeted completion by end-2016.

LBS Bina Group Bhd (Aug 1, RM1.

KUALA LUMPUR (Aug 1): Bina Puri Holdings Bhd has bagged an RM80 million contract from Arus Sutera Sdn Bhd to provide project management consultancy services for 440 units of walk-up flats under the People's Housing Project in Pitas, Sabah.