Guocoland posts fifth quarterly loss in a row
KUALA LUMPUR (Aug 17): Guocoland (M) Bhd closed its fourth quarter ended June 30, 2019 (4QFY19) with a lower net loss of RM11.
Govt reopens registration of G1 Grade Bumiputera contractors after 14 years
KUALA LUMPUR (Aug 16): Putrajaya is reopening the registration of G1 Grade Bumiputera contractors after freezing it for 14 years, and would review the maximum amount of contract value they can undertake from government projects.
Property management: Ask the experts - Strata titles; by-laws and house rules
Q: All the units in our strata development do not have strata titles after 15 years.
George Kent, MRCB say LRT3 project funding dispute is over priority of options
KUALA LUMPUR (Aug 16): Both George Kent (Malaysia) Bhd and Malaysian Resources Corp Bhd (MRCB) yesterday clarified that the dispute between them over the financing requirements for their joint venture (JV) company that is undertaking the Light Rail Transit 3 (LRT3) project is to do with the priority of funding options.
EWI continues momentum in UK with strong take-ups and new launch
LONDON (Aug 16): Eco World International Bhd (EWI), which has achieved an average take-up rate of 89% for its nine active projects in London, UK, is maintaining its momentum with the launch of the second block of Verdo apartments at its Kew Bridge development in West London.
EWI to increase build-to-rent portfolio to 4,450 homes by 2020
LONDON (Aug 15): In line with its target to manage 10,000 build-to-rent (BTR) homes in the UK, Eco World International Bhd (EWI) is targeting to increase its BTR portfolio to 4,450 homes by 2020.
Update: Semantan Estates appeals against Kenari Maluri's intervention in land dispute
KUALA LUMPUR (Aug 15): Semantan Estates (1952) Sdn Bhd is appealing against the High Court's decision to allow Kenari Maluri Sdn Bhd, a company claiming to represent the majority of Semantan Estate's shareholders, to intervene in the former's judicial review application.
Mega First calls off mixed development project in Perak
KUALA LUMPUR (Aug 15): Mega First Corp Bhd today announced that two of its units have called off a mixed development project located in Kinta, Perak in joint venture with Menteri Besar Incorporated (Perak) but that an indirect subsidiary has been given the option to secure a significant plot of land for a solar photovoltaic plant.
T7 Global, Advancecon in partnership to tap on ECRL
KUALA LUMPUR (Aug 14): Oil and gas service provider T7 Global Bhd has teamed up with Advancecon Holdings Bhd to explore business opportunities pertaining to the RM44 billion East Coast Rail Link (ECRL) project.
Update: High Court rejects AGC's appeal, upholds RM11.26m compensation to The Edge
KUALA LUMPUR (Aug 14): The High Court here has today agreed to award an additional RM500,000 in exemplary damages — in addition to its deputy registrar's earlier decision to award RM11.
