Bintai Kinden unit secures RM9.78m job from TNB
KUALA LUMPUR (March 8): Bintai Kinden Corp Bhd’s wholly-owned subsidiary Kejuruteraan Bintai Kindenko Sdn Bhd has secured a contract worth RM9.
Lagenda Properties wants to grow beyond Perak
KUALA LUMPUR (March 6): Property developer Lagenda Properties Bhd has ambitions to grow beyond its mostly Perak presence, group managing director Datuk Jimmy Doh Jee Ming (pictured) told The Edge Malaysia.
Singapore’s City Developments wants to put behind ‘ill-fated’ investment
KUALA LUMPUR (March 6): Leading Singapore real estate player City Developments Ltd (CDL) wants to put its “ill-fated S$1.
MBSJ: No more printing and posting of assessment bills
PETALING JAYA (March 6): Starting from this year, the Subang Jaya City Council (MBSJ) will not print and post assessment tax bills to ratepayers, The Star reported today.
Developers turning more upbeat about property sector — Maybank IB Research
KUALA LUMPUR (March 5): Maybank Investment Bank Research (Maybank IB Research) said today the worst is over for the property sector as it believes the sector should continue to be driven by a better economic outlook, historically low interest rate environment and pent-up demand.
PPB foresees better property earnings with easing of movement restrictions
KUALA LUMPUR (March 5): PPB Group Bhd’s property division is expecting more progress billings as the movement restrictions are gradually lifted, which will allow more construction works to proceed.
Economists no longer expect BNM to cut rate anytime soon
KUALA LUMPUR (March 5): Economists no longer expect another rate cut after Bank Negara Malaysia (BNM) kept the overnight policy rate (OPR) unchanged at 1.
Zahid’s lawyer raises objection against MACC officer’s ‘contract promise’ claim
KUALA LUMPUR (March 4): Datuk Seri Dr Ahmad Zahid Hamidi’s (pictured) lawyer raised an objection in the High Court today against a Malaysian Anti-Corruption Commission (MACC) officer’s testimony about a Government contract allegedly promised by the former Deputy Prime Minister.
MoF looking at 1MDB settlements with KPMG, Wong & Partners — sources
KUALA LUMPUR (March 4): The Ministry of Finance (MoF) is looking at settlements with audit firm KPMG and law firm Wong & Partners in relation to the 1Malaysia Development Bhd (1MDB) scandal, according to several sources.
BNM keeps OPR at 1.75%, as expected
KUALA LUMPUR (March 4): Bank Negara Malaysia (BNM) maintained the Overnight Policy Rate (OPR) at 1.
