Pestech’s substation, transmission line ops seen promising
Pestech International Bhd (Sept 26, RM1.
SBC sees ‘interesting’ growth from FY20
KUALA LUMPUR (September 27): Little known property developer SBC Corp Bhd expects to see “interesting” growth in both its top and bottom lines, starting from the financial year ending March 31, 2020 (FY20), driven mainly by its existing projects, namely the Jesselton Quay Central (JQC) in Sabah and the Bandar Ligamas Township in Ulu Yam, Selangor.
RAM downgrades MRCB Southern Link’s RM845m sukuk
KUALA LUMPUR (September 27): RAM Ratings has downgraded the long-term rating of MRCB Southern Link Bhd’s RM845 million senior sukuk to C1 from BB3 on heightened default risk following the abolishment of toll collections at the Eastern Dispersal Link (EDL) which is being taken over by the government.
Abdul Rashid is Cahya Mata Sarawak's new chairman
KUALA LUMPUR (Sept 26): Cahya Mata Sarawak Bhd (CMSB) has appointed Tan Sri Abdul Rashid Abdul Manaf as its independent and non-executive group chairman effective Oct 1.
Housing in Malaysia: An issue of affordability, not availability
Issues of housing supply, affordability, and home ownership have been in focus of late.
George Kent: 2Q net profit down but results 'credible' despite LRT3 work disruption
KUALA LUMPUR (Sept 26): George Kent (Malaysia) Bhd's net profit dipped slightly by 3.
Taman Rimba Kiara judicial review postponed, DBKL works on “mutual resolution”
PETALING JAYA (Sept 26): The hearing for the judicial review of the development at Taman Rimba Kiara (TRK) (pictured) park, Taman Tun Dr Ismail (TTDI), Kuala Lumpur which was scheduled for today and tomorrow at the Kuala Lumpur High Court, has been postponed.
Bank Negara: Imbalances in property market continue to persist
KUALA LUMPUR (Sept 26): It looks like the local property market is still not out of the woods, just yet.
Crest Builder inks MoU with T7 Global to prepare technical proposal
KUALA LUMPUR (Sept 26): Crest Builder Holdings Bhd has entered into a memorandum of understanding (MoU) with T7 Global Bhd to collaborate to prepare a detailed technical proposal for the construction and subsequent execution of works for the proposed mixed development, Latitud8 at Jalan Ampang, according to a filing with Bursa.
Jalan Bangsar flood mitigation project delays
PETALING JAYA (September 26): A stalled flood mitigation project located along Jalan Bangsar is causing trouble for business owners in the area.
