Jalan Bangsar flood mitigation project delays
PETALING JAYA (September 26): A stalled flood mitigation project located along Jalan Bangsar is causing trouble for business owners in the area.
Punch thrown as tempers flare over broken down lifts in Kepong
KUALA LUMPUR (Sept 26): Joint management body (JMB) treasurer of Mutiara Fadason low-cost flats in Kepong, Song Kok Ann, 46, was punched in the face by a resident who was angry about the move not to use Kuala Lumpur City Hall’s (DBKL) contractor to fix broken down lifts, The Star daily reported today.
Strata Community Mediation Centre to handle high-rise resident disputes
KUALA LUMPUR (September 26): A mediating body to handle complaints by residents of high-rise buildings is set to be launched by Oct 1.
Demand for high-end segment remains resilient in Singapore despite higher ABSD
SINGAPORE (Sept 26): On July 5, the government has acted to cool the red hot residential property market by introducing a fresh round of cooling measures, which included higher Additional Buyer’s Stamp Duty (ABSD) rates and tighter Loan-to-Value (LTV) limits.
Najib summoned by PAC to explain missing GST refunds
KUALA LUMPUR (Sept 26): Embattled former prime minister Datuk Seri Najib Razak (pictured) has been summoned by Parliament’s Public Accounts Committee (PAC) to explain “missing” goods and services tax refunds amounting to RM19.
Rosmah arrives at MACC headquarters for questioning again
PUTRAJAYA (Sept 26): Datin Seri Rosmah Mansor (pictured) had today arrived at the Malaysian Anti-Corruption Commission (MACC) headquarters here for questioning again on graft allegations related to SRC International Sdn Bhd, a former subsidiary of 1Malaysia Development Bhd (1MDB).
Sapura Energy’s tender book seen to remain strong
Sapura Energy Bhd (Sept 25, 44 sen) Maintain trading buy with an unchanged target price (TP) of 81 sen: Sapura Energy Bhd announced that it had been awarded multiple contracts in four different countries — Malaysia, Australia, Brunei and Nigeria — with a combined value of about RM815 million.
Gardens Mall’s new NLA expected to lift IGB REIT FY19-20 earnings
IGB Real Estate Investment Trust(Sept 25, RM1.
Pestech bags RM399m subcontract works for Gemas-JB rail track
KUALA LUMPUR (September 26): Pestech International Bhd has bagged a RM399 million sub-contract from Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd to undertake engineering, procurement, construction and maintenance works relating to the electrification system for the electrified double track from Gemas to Johor Baru.
Sunway, NEC sign MoU to develop smart city solutions in Sunway Iskandar
KUALA LUMPUR (Sept 25): Sunway Iskandar and NEC Asia Pacific Pte Ltd have signed a memorandum of understanding (MoU) to explore a collaboration which aims to augment safety and security for the 1,800-acre Sunway Iskandar township in Johor.
