News about chang

SETIA ALAM (Dec 8): Eco World Development Group Bhd (EcoWorld) is aiming for an even higher sales target for its 2017 and 2018 financial years after having met its sales target of RM4 billion in FY2016 ended Oct 31, 2016.

KUALA LUMPUR (Nov 17): Malaysian Resources Corp Bhd (MRCB) is disposing of a one acre plot of land to Mass Rapid Transit Corp Sdn Bhd (MRT Corp) for RM180 million due to concerns over its proximity to the construction of the MRT Line 2.

Continues from:  On ways to lift the market ‘Prices will not come down but .

Maintain buy with an unchanged target price (TP) of RM1.

SEMENYIH (Oct 12): Eco World Development Group Bhd (EcoWorld) said it intends to use the proceeds from its latest private placement to partly finance its subscription of Eco World International Bhd (EWI), which is slated for listing.

ON June 16, as the agreement that formally sees IWH CREC Sdn Bhd become a 60% shareholder in the Bandar Malaysia development as well as its master developer was signed, Prime Minister Datuk Seri Najib Razak announced a slew of incentives for the massive project.

KUALA LUMPUR (Sept 30): PRG Holdings Bhd, which is involved in manufacturing, property development and construction businesses, is considering listing its manufacturing division on the Growth Enterprise Market of the Stock Exchange of Hong Kong Ltd.

1Malaysia Development Bhd’s (1MDB) wholly-owned subsidiary TRX City Sdn Bhd is starting infrastructure works on Tun Razak Exchange, which is located on a prime tract between Jalan Bukit Bintang and Jalan Tun Razak that was sold to the strategic investment fund for RM230 million or RM75 psf in 2010, say sources in the construction industry.

KUALA LUMPUR (Sept 15): Eco World Development Group Bhd president and chief executive officer Datuk Chang Khim Wah (pictured) hopes the upcoming government budget will introduce measures to help homebuyers, especially first-timers, in obtaining end-financing.

SINGAPORE (Aug 31): CapitaLand Mall Asia Ltd, CapitaLand’s wholly owned shopping mall business, has signed a management contract to manage the retail component of the landmark Fortune Finance Center in Changsha, the provincial capital of Hunan in Central China.