Bandar Malaysia's RFP to be issued this week, says Irwan Serigar
SUBANG (June 21): Bandar Malaysia Sdn Bhd chairman Tan Sri Dr Mohd Irwan Serigar Abdullah said the request for proposal (RFP) for the RM12.
Bina Puri's listing of Indonesia unit to improve bottom-line contributions
KUALA LUMPUR (June 21): Construction and property firm Bina Puri Holdings Bhd, which will see its Indonesian subsidiary PT Megapower Makmur Tbk listed on the Indonesian stock exchange on July 5, hopes to increase the bottom line contribution of its power business by 20% per annum.
PR1MA to raise RM5 bil to sustain 89 housing projects
PUTRAJAYA (June 21): Perbadanan PR1MA Malaysia (PR1MA), the single largest affordable housing developer in Malaysia, is planning to raise RM5 billion to support 89 of its executed projects nationwide, comprising 89,449 units of homes.
Ekovest gets govt approval for Kuala Lumpur River City
KUALA LUMPUR (June 21): Ekovest Bhd had today received the approval-in-principle for the planned "Kuala Lumpur River City" development from the Malaysian Government.
Selangor Dredging to sell Kuala Lumpur headquarters for RM480 mil
KUALA LUMPUR (June 21): Selangor Dredging Bhd (SDB) is selling Wisma Selangor Dredging along with the land in Jalan Ampang here for RM480 million cash.
Buying prime assets in the UK
THE UK election result on June 8 makes investing in UK assets tough, says Mark Schofield, managing director of global strategy and macro group at Citi.
Second block of serviced apartments at Bukit Bintang City Centre to be unveiled in 2H2017
KUALA LUMPUR (June 20): BBCC Development Sdn Bhd will be launching the second block of serviced apartments at Bukit Bintang City Centre (BBCC) in the third quarter of 2017.
PM Najib: Bukit Bintang City Centre 'significant national-level development'
KUALA LUMPUR (June 20): Prime Minister Datuk Seri Najib Tun Razak described the planned Bukit Bintang City Centre (BBCC) here as a "significant national-level development" due to its ability to attract foreign investments into Malaysia.
Government to double PPA1M houses to 200,000
PUTRAJAYA (June 20): The government has decided to build 200,000 units of houses under the 1Malaysia Civil Servants Housing (PPA1M) programme, double the number originally targeted.
Advancecon sees ‘significant’ earnings growth in FY17
KUALA LUMPUR (June 20): Earthworks and civil engineering firm Advancecon Holdings Bhd, en route to list on the Main Market of Bursa Malaysia on July 10, expects “significant” growth in net profit for the current financial year ending Dec 31, 2017 (FY17) on strong order book.
