Amcorp Properties JV to buy Shanghai office blocks for RM865m
KUALA LUMPUR (Aug 7): Amcorp Properties Bhd's (AMPROP) indirect wholly-owned subsidiary Amcorp Dynamic Ltd will acquire a 40% stake in Daning Partners Ltd for US$22.
Works Minister seeks budget allocation to encourage BIM adoption
KUALA LUMPUR (Aug 6): The Construction Industry Development Board (CIDB) Malaysia hopes there will be allocation under Budget 2020 for incentives to encourage the construction industry to adopt Building Information Modelling (BIM).
Masteel's standalone credit profile vulnerable on steel prices fluctuations, MARC says
KUALA LUMPUR (Aug 6): Malaysia Steel Works (KL) Bhd's (Masteel) standalone credit profile remains vulnerable to fluctuations in steel price, fluctuating cost of raw materials and increased competitive pressures in the Malaysian market, according to Malaysian Rating Corp Bhd (MARC).
Revived projects seen encouraging for MRCB
Malaysian Resources Corp Bhd (Aug 5, 86 sen) Maintain buy with an unchanged target price (TP) of RM1.
Residents want double parking at nearby restaurant to stop
Residents of a Kepong condominium want action taken to resolve the issue of double parking at a nearby restaurant.
MRCB bags RM150m contract to supply chilled water to office building in Kwasa Damansara
KUALA LUMPUR (Aug 3): Malaysian Resources Corporation Bhd’s (MRCB) subsidiary has bagged a chilled water supply contract worth an estimated RM149.
BNM may cut OPR again if there is further rate cut by Fed, says MARC
KUALA LUMPUR (Aug 3): A further reduction in interest rate by the US Federal Reserve in the second half of the year (2H2019) will provide more room for Bank Negara Malaysia (BNM) to adjust the overnight policy rate (OPR) downward again, says Malaysian Rating Corp Bhd (MARC).
An affordable PJ address
Petaling Jaya Old Town, popularly known as PJ Old Town, is where the satellite city of Petaling Jaya (PJ) first took shape.
ECRL committee shortlists 331 potential bidders for 4Q tender call
KUALA LUMPUR (Aug 2): A total of 331 out of 1,321 Malaysian construction companies have been shortlisted as potential tenderers for civil work packages of the planned RM44 billion 640-km East Coast Rail Link (ECRL), which is expected to link Kota Bharu to Putrajaya in about four hours, said project and asset owner Malaysia Rail Link Sdn Bhd (MRL).
Settle your maintenance fees, or else
KUALA LUMPUR (Aug 2): Ignore notices from your Joint Management Body (JMB) about maintenance fees at your peril! That was what happened to owners of three units at Vista Hatamas in Cheras, Kuala Lumpur.
