OSK Property lines up three new launches for 2018
PETALING JAYA (Jan 11): OSK Property is targeting to launch three new projects this year – Ryan and Miho in Petaling Jaya, Iringan Bayu in Seremban and HIKA in Cheras, said the developer in a statement.
MACC remands two company heads in connection with RM6.3b Penang undersea tunnel project probe
PETALING JAYA (Jan 10): The Malaysian Anti-Corruption Commission (MACC) has remanded two company heads — of Ewein Bhd and Consortium Zenith Construction Sdn Bhd — in connection with the RM6.
Johor wants build 13,000 affordable homes this year
ISKANDAR PUTERI (Jan 9): The Johor government is aiming to build 13,000 units of affordable homes this year, endeavouring to hit the target of 60,000 units in 2020.
China’s wealthiest woman makes US$2.1 billion in four days
PETALING JAYA (Jan 9): Yang Huiyan – the controlling shareholder of Country Garden Holdings Co, and China’s richest woman — saw her wealth burgeon by US$2.
Construction sector to be rerated on HSR
Construction sector Maintain overweight: The tender for the project delivery partner (PDP) to undertake the Malaysian portion of the Kuala Lumpur-Singapore High-Speed Rail (HSR) infrastructure construction works was called on Nov 22, 2017, and will close on Jan 30, 2018.
Sabah land deal secured in Bitcoin
PETALING JAYA (Jan 9): A Sabahan businessman had secured the sale of a 1.
Pua: Putrajaya continues bailout of 1MDB with 106 Exchange Tower buy
KUALA LUMPUR (Jan 9): An opposition lawmaker has questioned the need for the government to use taxpayers’ funds to get involved in another mega-property project.
MQREIT to dispose of property for RM28 million
KUALA LUMPUR (Jan 8): MRCB-Quill REIT (MQREIT) has announced that Maybank Trustees Bhd — as a trustee for and on behalf of MQREIT — has signed a sale and purchase agreement with Transmark Corporation Sdn Bhd for the disposal of a warehouse-cum-office building for RM28 million cash.