Stop work for project in Kampung Baru after crane collapse incident
KUALA LUMPUR (Nov 10): The Department of Occupational Safety and Health (Dosh) has issued a stop-work order on the construction works at a project site in Kampung Baru, Kuala Lumpur after a crane fell and crashed onto a vehicle yesterday.
Ascott looking to introduce lyf brand in Malaysia
PETALING JAYA (Nov 10): The Ascott Ltd (Ascott), the serviced residence arm of CapitaLand Ltd, is planning further expansion in Malaysia including the introduction of its lyf (pronounced as life) brand here.
Tropicana Corp offers buyers chance to win a free property upsize
PETALING JAYA (Nov 10): Tropicana Corp Bhd today launched a new campaign to offer homebuyers an opportunity to win a free upsize for a house purchased across six projects located in the developer’s townships in the Klang Valley.
Analysts expect strong 4Q for S P Setia after Battersea Power delivers in 9M17
KUALA LUMPUR (Nov 10): S P Setia Bhd is expected to see strong results for its fourth quarter for financial year ending Dec 31, 2017 (4QFY17) after its core earnings for the first nine months of the financial year ending Dec 31, 2017 (9MFY17) came in stronger on year-on-year basis, supported by substantial higher earnings from the Battersea Power Station project, according to both Hong Leong Investment Bank (HLIB) Research and CIMB Equity Research.
Zecon pauses order book replenishment
KUALA LUMPUR (Nov 10): Construction and property developer Zecon Bhd, whose net debt widened 50.
Financing a key consideration for MRT3
KUALA LUMPUR (Nov 10): Financing is the key consideration for the Mass Rapid Transit Corp Sdn Bhd concerning the construction of the mass rail transit line 3 (MRT3), where the criteria for its lead contractor have been said to be out of reach of local players.
Zecon expects RM100m annual earnings from hospital project
KUALA LUMPUR (Nov 9): Zecon Bhd, whose net profit fell 54.
BNM keeps OPR unchanged at 3% as it sees Malaysia's growth to remain strong next year
KUALA LUMPUR (Nov 9): Bank Negara Malaysia (BNM)'s Monetary Policy Committee (MPC) is keeping the Overnight Policy Rate (OPR) at 3%, as it expects Malaysia's growth to remain strong in 2018, amid a strengthening global economy.
EcoWorld International up 3.85% on plans for UK development jobs
KUALA LUMPUR (Nov 9): EcoWorld International Bhd (EWI) shares rose 3.