IGB Corp's 4Q net profit jumps 97% on better unit performances, one-off gain
KUALA LUMPUR (Feb 9): IGB Corp Bhd, which is in the midst of a takeover by its largest shareholder Goldis Bhd, saw its net profit jump 97.
Prasarana, SMRT to form JV firm to operate JB-Singapore rail link
KUALA LUMPUR (Feb 9): Prasarana Malaysia Bhd and Singapore's SMRT Corp Ltd will form a joint venture (JV) company to operate the Johor Bahru-Singapore Rapid Transit System Link (RTS Link).
Belleview to unveil GEM Residences in Seberang Perai during CNY
PETALING JAYA (Feb 9): Penang-based property developer Belleview Group is launching GEM Residences in Seberang Perai, Penang during Chinese New Year on Feb 17.
First build-then-sell houses at Setia Ecohill set for March launch
SEMENYIH (Feb 9): Property developer S P Setia Bhd is set to launch its first build-then-sell housing scheme, the Gloris double-storey superlink homes at its Setia Ecohill township in Semenyih, Selangor by March this year.
KL-S’pore HSR completes 3-month public inspection exercise
PETALING JAYA (Feb 8): The Kuala Lumpur-Singapore high-speed rail (HSR) project has garnered more than 35,000 responses — a record number of public feedback for rail-based public transportation projects in Malaysia — over the course of its recently-completed three-month public inspection exercise, said MyHSR Corp in a statement today.
Malaysia needs to incentivise material imports to encourage affordable housing
KUALA LUMPUR (Feb 7): Malaysia has to incentivise material imports even more in order to enhance its affordable housing efforts even though it is ahead of other countries, Bernama reported Australia’s Compass Housing Services as saying today.
Knight Frank Malaysia: Chinese buyers not expected to drive up Malaysian house prices
KUALA LUMPUR (Feb 7): Chinese buyers are not expected to drive up Malaysian house prices as most of them regard their property purchases in the country as long-term investments while the capital controls by the Chinese government will curb their overseas activities, said property consultancy firm Knight Frank Malaysia.
Gadang to buy Johor land from Danny Tan’s private firm for RM149m
KUALA LUMPUR (Feb 7): Gadang Holdings Bhd is acquiring two freehold parcels totalling 78 acres (31.
DAP's Pua questions why BNM's RM2b govt land buy not at nominal rate
KUALA LUMPUR (Feb 6): Opposition lawmaker Tony Pua today questioned why Bank Negara Malaysia (BNM) Governor Tan Sri Muhammad Ibrahim did not apply to buy the 55.
KL High Court dismisses Taman Desa residents’ stay application to halt condominium project
PETALING JAYA (Feb 6): The Kuala Lumpur High Court has dismissed the stay application filed by the Taman Desa residents to stop a high-rise residential development named The Address in Taman Desa pending a judicial review.
