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KUALA LUMPUR (Aug 4): Country Garden Holdings will find it hard to match last year’s home sales at its Forest City development in Johor following China’s curbs on outbound investment, a top executive told Reuters today.

Construction sector Maintain overweight: Public transport operator Prasarana Malaysia Bhd has awarded the light rail vehicle (LRV) package for the light rail transit 3 (LRT3) to a consortium comprising CRRC Zhuzhou Locomotive Co Ltd, Siemens Ltd China, and Tegap Dinamik Sdn Bhd, according to news reports yesterday.

The 5,000-acre City of Elmina township situated along the Guthrie Corridor Expressway has been earmarked as the new growth corridor of the Klang Valley.

Paramount Corp Bhd (Aug 2, RM1.

KUALA LUMPUR (Aug 2): Glomac Bhd is proposing to undertake a bonus issue on the basis of one bonus share for every 10 Glomac shares held to reward existing shareholders and improve liquidity and marketability of its shares.

KUALA LUMPUR (Aug 1): The Malaysian Anti-Corruption Commission (MACC) arrested a former special officer to a former Felda chairman to assist in the probe into the purchase of a hotel in Kuching, Sarawak by Felda Investment Corp (FIC), Bernama reported today The anti-graft body’s chief commissioner Datuk Dzulkifli Ahmad said the man was held at 4am at the MACC’s Putrajaya Office where he had gone to provide a statement, Bernama reported.

KUALA LUMPUR (Aug 1): Paramount Corp Bhd’s wholly-owned subsidiary plans to dispose off its private and international schools, Sekolah Sri KDU (SSKDU) and Sri KDU International School, to newly-formed Alpha Real Investment Trust (REIT) for RM165 million.

KUALA LUMPUR (Aug 1): The ex-chief executive officer (CEO) of Felda Investment Corp (FIC) who was detained yesterday to assist the Malaysian Anti-Corruption Commission (MACC) in the investigation into the case of a hotel purchase in London has been remanded for another four days, Bernama reported today.

MANY co-working operators do not really understand co-working, according to Kong Wan Sing, founder and CEO of JustCo, a home-grown serviced office and co-working operator.

GEORGE TOWN (July 31): Adherence to the terms and conditions of application for Low-Cost Housing Programs (PPKR) in Penang was not up to par, according to the Auditor-General's Annual report 2016 Series 1.