Gamuda expected to continue to benefit from infrastructure projects
Gamuda Bhd (April 6, RM5.
‘Time for the govt to introduce cooling measures for non-housing loans’
PETALING JAYA (April 4): In order to pare down the current household debt-to-gross domestic production (GDP) ratio from an “unsustainable” level of 84.
Vertice bags RM218.5m contract, its biggest win to date
KUALA LUMPUR (April 4): Vertice Bhd, formerly Voir Holdings Bhd, has been awarded a subcontract job valued at RM218.
WCT’s Subang Skypark deal fails to excite
KUALA LUMPUR (April 4): Shares in WCT Holdings Bhd closed lower yesterday as news that it was acquiring a controlling 60% stake in the operator of the Skypark Terminal at the Sultan Abdul Aziz Shah Airport in Subang, Selangor failed to excite investors.
WCT buys 60% stake in Subang Skypark
KUALA LUMPUR (April 3): WCT Holdings Bhd is acquiring a 60% stake in Subang Skypark Sdn Bhd — operator of the Skypark Terminal (formerly Terminal 3) of the Sultan Abdul Aziz Shah Airport in Subang, Selangor — for RM44.
PNB sells London property
PETALING JAYA (April 2): Permodalan Nasional Bhd (PNB) has completed the disposal of its 90 High Holborn property in London for an undisclosed sum, said its chairman Tan Sri Abdul Wahid Omar.
Lower margin from higher low-cost housing component seen for Crescendo
Crescendo Corp Bhd (March 30, RM1.
Amanah Harta on the lookout to acquire assets
KUALA LUMPUR (April 2): Real estate investment trust (REIT) Amanah Harta Tanah PNB (AHP), which is managed by Pelaburan Hartanah Nasional Bhd, is looking for suitable assets to grow its portfolio mix despite the current unexcited property market.
RM2b purchase doubles BNM’s real estate assets
KUALA LUMPUR (April 2): Bank Negara Malaysia’s (BNM) (pictured) RM2 billion land purchase from the government doubled its land assets last year, its 2017 annual report show.
