Guocoland's 4Q profit down 45%, plans 2 sen dividend
KUALA LUMPUR (Aug 26): Property developer Guocoland (Malaysia) Bhd’s final quarter ended June 30, 2016 (4QFY16) saw a 45% decline in net profit to RM94.
LEKAS-EcoMajestic interchange to officially open in Aug or Sept
PETALING JAYA (July 22): The LEKAS-EcoMajestic interchange will officially open in August or September, said Eco World Development Group Bhd (EcoWorld) president and CEO Datuk Chang Khim Wah.
Construction to see eight Pan Borneo contract awards?
Construction sector Maintain overweight: The remaining eight Pan Borneo Highway work packages worth around RM10 billion will be awarded this month, according to a news report.
Wish list to new housing minister
PETALING JAYA (June 29): The National House Buyers’ Association (HBA) hopes that the new Urban Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar will encourage greater home ownership.
Partners by design
THERE have been times when prestigious brands known for offeringmarket-leading luxury have joined forces to come up with unique offerings.
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First phase of Bandar Malaysia to cost up to RM60 bil
KUALA LUMPUR (June 17): The first phase of the Bandar Malaysia project is expected to cost between RM50 billion and RM60 billion, said Iskandar Waterfront Holdings Bhd (IWH) executive vice-chairman Tan Sri Lim Kang Hoo (pictured).
MSC acquires land and properties in Westport for RM50 mil
KUALA LUMPUR (June 16): Malaysia Smelting Corp Bhd (MSC) is buying three parcels of land at Pulau Indah Industrial Park, Westport — along with plant and machinery on the properties — for RM50 million.
EcoWorld: Award for 449.64-acre land in Batu Kawan rescinded
KUALA LUMPUR (June 8): Eco World Development Group Bhd (EcoWorld) has agreed with the Penang Development Corp (PDC) to rescind a letter of award dated March 26, 2015 for the purchase and development of 449.
TRX City invites contractors for pre-qualification exercise
KUALA LUMPUR (May 30): Tun Razak Exchange master developer TRX City Sdn Bhd (TRX City) is inviting contractors to participate in a pre-qualification exercise for a proposed traffic dispersion and improvement to part of Jalan Tun Razak (JTR), and the construction of the TRX ingress and egress.
Tien Wah, Lum Chang to jointly develop mixed-use project
KUALA LUMPUR (May 17): Printing firm Tien Wah Press Holdings Bhd is teaming up with Singapore-listed Lum Chang Holdings Ltd to jointly develop a 13,040 sq m piece of land in Jalan Semangat, Petaling Jaya, Selangor into a mixed-use commercial development.
