HCK Capital's unit enters JV for Sarawak apartment project

KUALA LUMPUR (April 8): HCK Capital Group Bhd said its indirect 70%-owned unit HCK Premier Builders Sdn Bhd (HPBSB) has entered into a joint venture (JV) development agreement with Daya Builders Sdn Bhd for the development of apartment units in Kuching, Sarawak.

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Best Western Hotels & Resorts expands in Thailand

BANGKOK (April 8): Best Western Hotels & Resorts signed its largest ever multi-hotel agreement with real estate developer AD Houses Co Ltd, which will lead to the opening of four Best Western Plus hotels in Thailand this year.

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Go India, CIDBH chair tells Malaysian construction companies

KUALA LUMPUR (April 8): Malaysian construction companies should take advantage of the rapid development and expansion in India to explore infrastructure and investment project opportunities there, urged CIDB Holdings Sdn Bhd (CIDBH) chairman Datuk Seri Dr Judin Abd Karim (pictured).

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‘Mortgage rejection rates not as high as 50%’

KUALA LUMPUR (April 8): Malayan Banking Bhd (Maybank) president and chief executive officer Datuk Abdul Farid Alias (pictured), who is also chairman of the Association of Banks Malaysia (ABM), refuted claims that the rejection rate of housing loans has soared above 50% among the banks.

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IKEA JB to open by end-2017

PETALING JAYA (April 7): IKEA Malaysia’s third store which is located in Jalan Desa Tebrau, Johor Bahru is slated to open by the end of next year, said store owner and operator Ikano Pte Ltd in a press statement today.

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