Uncertainties cast a pall over Gamuda, MMC
KUALA LUMPUR (Oct 30): The government’s decision last Friday to rescind Gamuda Bhd and MMC Corp Bhd’s contract termination concerning the mass rapid transit Sungai Buloh-Serdang-Putrajaya line (MRT2) project did not offer a long-enough respite for both stocks.
S P Setia clinches top spot again at The Edge Malaysia Top Property Developers Awards 2018
KUALA LUMPUR (Oct 29): S P Setia Bhd has again been ranked the No 1 property developer in the country, the third consecutive year that it has taken the top spot of The Edge Malaysia Top Property Developers Awards (TPDA) 2018.
Penang DCM I: Bukit Kukus landslide panel not a commission open to public
GEORGE TOWN (Oct 29): Penang Deputy Chief Minister I Datuk Zakiyuddin Abdul Rahman said the special committee established to probe the deadly Bukit Kukus landslide is not opened to the public, reported the Malay Mail.
Libyan to be charged with Wan Amirah’s murder
SEPANG (Oct 29): A 23-year-old Libyan man is expected to be charged under Section 302 of the Penal Code at a magistrate’s court here with the murder of assistant manager Wan Amirah Wan Alias, reported The Star today The Libyan will also be charged under Section 326 of the Penal Code with voluntarily causing grievous hurt by dangerous weapons or means.
REITs’ NPI growth not a reflection of improving sector
KUALA LUMPUR (Oct 29): Last week saw a flux of quarterly earnings released by local real estate investment trusts (REITs) with most reporting a growth in their net property income (NPI), sparking optimism for a recovery in the sector that has long been plagued by concerns over oversupply, weak demand and the like.
Go the extra mile and stay innovative, say top real estate agents
KUALA LUMPUR: These are challenging times for real estate brokers in Malaysia.
Tesco is planning property venture, says report
KUALA LUMPUR (Oct 27): UK-based retailer Tesco Stores (M) Sdn Bhd plans to venture into property development, reported The Edge Malaysia in its latest issue.
Gamuda, MMC shares rise on MoF nod to continue MRT2 underground portion
KUALA LUMPUR (Oct 26): Shares of Gamuda Bhd and MMC Corp Bhd rose to their highest level in two weeks, after it was announced that their joint-venture firm will remain as the contractor for the underground portion of the Sungai Buloh-Serdang-Putrajaya MRT line (MRT2) project.