Malton falls as much as 6.2% after hitting all-time high yesterday
KUALA LUMPUR (May 17): Shares in Malton Bhd, the property developer controlled by tycoon Tan Sri Desmond Lim Siew Choon, fell as much as 6.
IWCity active, up 3.5% after given a lifeline by government
KUALA LUMPUR (May 17): Shares in Iskandar Waterfront City Bhd (IWCity) rose in active trade this morning after Minister in the Prime Minister's Department Datuk Seri Abdul Rahman Dahlan said IWH CREC Sdn Bhd is allowed to bid for the Bandar Malaysia real estate project again as long as the offer is right for the Malaysian government.
Office market deals pick up
The office market is now abuzz, as sentiment has swung from pessimism to optimism in just one year.
IWCity says unaware of reason behind share price rally
KUALA LUMPUR (May 16): Iskandar Waterfront City Bhd (IWCity) said it is unaware of the reason behind the spike in its share price yesterday.
DBKL says online poll has nothing to do with the proposed development at Taman Rimba Kiara
PETALING JAYA (May 16): Kuala Lumpur City Hall (DBKL) has issued a statement stressing that an online poll on public parks that was being conducted on its website is not related to the proposed development at Taman Tun Dr Ismail (TTDI), Kuala Lumpur.
IWCity, Ekovest fall after gaining on Bandar Malaysia cue
KUALA LUMPUR (May 16): Iskandar Waterfront City Bhd (IWCity) shares fell 7% while Ekovest Bhd dropped 5% on profit taking after the Malaysian Government confirmed IWH CREC Sdn Bhd is allowed to bid for the Bandar Malaysia real estate project again.
Minister calls for mandatory use of industrialised building system in construction industry
SHAH ALAM (May 16): A minister has called for the adoption of the industrialised building system (IBS) to be made mandatory for all players in the construction industry.
Malton's shares up 26% in afternoon market
KUALA LUMPUR (May 16): Malton Bhd, the property development company controlled by Tan Sri Desmond Lim Siew Choon, saw its share price rise by as much as 26% to RM1.
IWH CREC can bid for Bandar Malaysia again — PM's Department
KOTA KEMUNING (May 16): IWH CREC Sdn Bhd is allowed to bid for the Bandar Malaysia real estate project again as long as the offer is right for the Malaysian Government, according to Minister in the Prime Minister's Department Datuk Seri Abdul Rahman Dahlan.
Malaysia to host Arena Convention and Exhibition in August
PETALING JAYA (May 16): The Malaysian Institute of Estate Agents (MIEA) will be hosting the Asean Real Estate Network Alliance (Arena) Convention and Exhibition 2017 from Aug 25 to 27, 2017.
