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KUALA LUMPUR (Aug 16): Malaysian Resources Corp Bhd (MRCB) shares rose 4.

KUALA LUMPUR (Aug 16): The construction of Merdeka PNB 118 — which will be Malaysia’s tallest building and the world’s fifth tallest on completion — will not be stopped, Permodalan Nasional Bhd (PNB) group chairman Tan Sri Abdul Wahid Omar said, even though it will worsen the oversupply of office space in the capital city.

KUALA LUMPUR (Aug 16): Malaysian Resources Corp Bhd (MRCB) announced yesterday that it had secured a contract in relation to the construction of the Damansara-Shah Alam Elevated Expressway (DASH) for RM369 million.

KUALA LUMPUR (Aug 16): Eversendai Corp Bhd has proposed to place out new shares to Macquarie Bank Ltd to raise up to RM75.

KUALA LUMPUR (Aug 16): Melbourne is ranked the world’s most liveable city for the seventh year by Economist Intelligence Unit’s annual Liveability Index.

The most profitable deal this week was the sale of a 10th floor unit at Ardmore Park condominium for S$8.

SHAH ALAM (AUG 15): Malaysia’s first interactive wax museum in Malaysia, Red Carpet 2 @ i-City in Shah Alam, was launched today by Malaysia Tourism and Culture Minister Datuk Seri Mohamed Nazri Abdul Aziz.

PETALING JAYA (Aug 15): The Kuala Lumpur Regional Centre for Arbitration (KLRCA) has launched a suite of Standard Form of Contracts (SFC) which is suitable for all building construction projects in Malaysia.

KUALA LUMPUR (Aug 15): IOI Properties Group Bhd declared an interim dividend of six sen a share for its financial year ended June 30, 2017.

SUBANG JAYA (Aug 15): Affordable housing developer Sin Hee Yang Property Group (SHY) has teamed up with Bank Simpanan Nasional (BSN) to enable easy home ownership for first time bumiputera homebuyers via the bank's Youth Housing Scheme (YHS).