Analysts mixed on MRT3 tender call, suggest foreign player to take up leading turnkey role
KUALA LUMPUR (Nov 7): Analysts have expressed mixed views on the proposal by Mass Rapid Transit Corp Sdn Bhd (MRT Corp) to call and invite construction and infrastructure firms to submit for a bid to build, on a turnkey basis, and finance the upcoming third mass rapid transit line (MRT3), estimated to cost around RM40 billion.
Former JCorp CEO Muhammad Ali passes away at 70
KUALA LUMPUR (Oct 31): Former Johor Corp (JCorp) president and chief executive officer (CEO) Tan Sri Muhammad Ali Hashim has passed away at the age of 70, according to a Bernama report.
EcoWorld moves up the rankings
PETALING JAYA (Oct 30): Relative newcomer Eco World Development Group Bhd (EcoWorld) ranked fifth in The Edge Malaysia Top Property Developers Awards 2017, following its sixth place last year.
HBA: Affordable housing policy needs to be targeted at the right segment
PETALING JAYA (Oct 27): The National House Buyers Association (HBA) has lauded the government’s move to build more affordable homes.
Whither house prices?
KUALA LUMPUR (Oct 12): Property industry observers do not foresee property prices declining in the next six to 12 months, but instead grow at a moderate pace.
Development of TRX Lifestyle Quarter now in full swing — Lendlease
KUALA LUMPUR (Sept 15): Construction works for the Tun Razak Exchange (TRX) Lifestyle Quarter is now in full swing as Lendlease, the joint developer of the project, said it has received all relevant approvals for the next stage of development.
TRX City inks deals with MRT Corp, SMART for better connectivity
KUALA LUMPUR (Sept 14): TRX City Sdn Bhd, the master developer of Tun Razak Exchange (TRX), has entered into strategic partnerships with both Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) and Stormwater Management and Road Tunnel Sdn Bhd (SMART), to enhance the upcoming financial district's connectivity with the rest of Kuala Lumpur.
Sunway 2Q net profit up 28%, declares seven sen dividend
KUALA LUMPUR (Aug 30): Sunway Bhd’s net profit rose 28% to RM196.
EcoWorld to hand over Aurora and Basalta @ Eco Sky by this year-end
KUALA LUMPUR (Aug 28): The 39-storey Aurora and Basalta towers @ Eco Sky located in Taman Wahyu will be handed over this year-end, said Eco World Development Group Bhd (EcoWorld) president and CEO Datuk Chang Khim Wah.
