ECRL shaping up to be big theme for 2017
Construction sector Maintain overweight: According to a news report, Transport Minister Datuk Seri Liow Tiong Lai has cited a change in alignment, a longer tunnel link and a weak ringgit as the reasons for the cost of the East Coast Rail Link (ECRL) project jumping to RM55 billion from RM29 billion.
No order yet for us to be involved in ECRL, says auditor-general
KUALA LUMPUR (Nov 17): Auditor-General Tan Sri Ambrin Buang (pictured) said his department and the Malaysian Anti-Corruption Commission (MACC) have yet to receive any instruction to be part of the executive committee for the RM55 billion East Coast Rail Link (ECRL) project.
Singapore REITs outlook cloudy as rate hike looms following Trump triumph
SINGAPORE (Nov 16): Dark clouds are gathering for Singapore real estate investments trusts (REITs).
S P Setia 'bumper earnings' seen — RHB
KUALA LUMPUR (Nov 16): S P Setia Bhd is expected to see strong fourth quarter earnings, due to the handover of the property developer's two overseas projects, according to RHB Research Institute Sdn Bhd.
Liow’s justification of ECRL cost raises more questions than answers, says Pua
KUALA LUMPUR (Nov 16): The DAP’s Tony Pua (pictured) said that Transport Minister Datuk Seri Liow Tiong Lai’s attempts to justify the increase in price from RM29 billion to RM55 billion for the proposed East Coast Rail Link (ECRL) raises many more questions than answers.
KLK expected to post 4QFY16 CNI of RM330 mil to RM350 mil
Kuala Lumpur Kepong Bhd (Nov 15, RM23.
Sunway to turn office blocks above upcoming mall into REIT product
SUBANG JAYA (Nov 16): Sunway Bhd plans to turn the office blocks located above the upcoming Sunway Velocity Mall into a real estate investment trust (REIT) product.
EcoWorld gains 3% after JV with EPF to undertake RM15 bil project
KUALA LUMPUR (Nov 16): Shares in Eco World Development Group Bhd (EcoWorld) jumped as much as 3.
