Higher property sales seen to lift Tiong Nam’s 2QFY19 earnings

Aug 29

Tiong Nam Logistics Holdings Bhd (Aug 28, RM1.

Stronger quarters ahead anticipated for Matrix

Aug 29

Matrix Concepts Holdings Bhd (Aug 28, RM2.

‘UEM Sunrise on track to meet RM1.2b sales target this year'

Aug 29

KUALA LUMPUR (Aug 29): UEM Sunrise Bhd is on track to meet its RM1.

Sime Darby Prop eyes up to 10% recurring income contribution

Aug 29

KUALA LUMPUR (Aug 29): Sime Darby Property Bhd (SDP) is targeting its recurring income segment to contribute up to 10% from its profit before interest and tax (PBIT) by 2022 or 2023 as part of the group’s strategic pillars to grow the recurring income, according to group chief financial officer Datuk Tong Poh Keow.

IJM Corp sees lower FY19 order book replenishment

Aug 29

KUALA LUMPUR (Aug 29): Builder and property developer IJM Corp Bhd expects a lower order book replenishment in the current financial year ending March 31, 2019 (FY19) as it already secured some of the jobs in FY18.

PMO: Property purchase doesn’t promise automatic residency in M'sia

Aug 28

PETALING JAYA (Aug 28): The Malaysian government has stressed that foreigners who wish to reside in Malaysia need to apply for permanent residency through the Malaysia My Second Home (MM2H) program.

Pan Borneo Highway review findings yet to be presented

Aug 28

KUALA LUMPUR (August 28): The consultant appointed to review awarded contracts related to the Pan Borneo Highway in order to reduce government spending, was given two weeks to complete, after which they must present their findings to the government.

KPKT Minister ordered to form committee on Forest City foreign buyers

Aug 28

PUTRAJAYA (August 28): Prime Minister Tun Dr Mahathir Mohamad has ordered Housing and Local Government Minister (KPKT) Zuraida Kamaruddin to form a committee to assess agreements and deals pertaining to the sale of residential units in the Forest City project in Johor.