New access road to Emerald Rawang opens
PETALING JAYA (Dec 6): A new access road that runs through Emerald East and Emerald West precincts of Emerald Rawang township in Rawang, Selangor has been completed.
‘Share buy-back possible as YTL Corp hovers near 8-year low’
KUALA LUMPUR (Dec 6): YTL Corp Bhd managing director (MD) Tan Sri Dr Francis Yeoh, who witnessed the signing of agreements yesterday between its hospitality arm and US-based Marriott International Inc to build two new luxury hotels here, said he was unsure why the conglomerate’s share price was hovering near its eight-year low.
ML Global inks shareholders' agreement with China's Sany Group for JV business
KUALA LUMPUR (Dec 5): ML Global Bhd has inked a shareholders' agreement with China's Sany Group Co Ltd to form a joint venture company (JVco) to manufacture precast concrete (PC) panels for building projects.
Klang Valley retail occupancy rate at 5-year low
KUALA LUMPUR (Dec 6): The average occupancy rate of retail space in the Klang Valley, which has been falling marginally over the last six years, is now hovering at a five-year low of 86%, said real estate services firm Nawawi Tie Leung Sdn Bhd (NTL).
Axis REIT acquires 40th property, total assets now worth RM2.46b
KUALA LUMPUR (Dec 5): Axis Real Estate Investment Trust (Axis-REIT) has added its 40th property — an industrial facility in Gebeng, Kuantan — to its portfolio today.
IJM Corp and Sunway set up four-party consortium for KL-Singapore High Speed Rail
KUALA LUMPUR (Dec 5): IJM Corp Bhd announced today its wholly-owned IJM Construction Sdn Bhd has entered into a pre-bid agreement with three companies to participate in the tender for the Kuala Lumpur-Singapore High Speed Rail (HSR) project.
Vivocom seen to be entering into slower billing cycle
Vivocom International Holdings Bhd (Dec 4, 13 sen) Maintain buy recommendation with an adjusted target price (TP) of 33 sen per share: Vivocom International Bhd’s nine-month financial year 2017 (9MFY17) earnings came below expectations.
S P Setia offers ‘Jom Pindah’ campaign in Johor
PETALING JAYA (Dec 4): S P Setia Bhd has launched its ‘Jom Pindah’ year-end campaign, offering a slew of products for homebuyers and business owners in the southern state of Malaysia, Johor.
Matrix Concepts still undervalued, says chairman
KUALA LUMPUR (Dec 4): Despite booking a 14% year-to-date gain closing at RM2.
More build-to-suit projects to come — Axis REIT
KUALA LUMPUR (Dec 4): Taking on its first build-to-suit project last year after obtaining a waiver from the Securities Commission Malaysia to undertake property development activities has whet Axis Real Estate Investment Trust’s (Axis REIT) appetite for more.
