Paramount’s 2Q profit up 70%, plans RM405 mil launches for 2HFY16

KUALA LUMPUR (Aug 18): Property developer and private education operator Paramount Corp Bhd, which announced a 70% increase in its latest quarterly earnings, is planning up to RM405 million new projects and additional phases of existing developments in the second half of the financial year ending Dec 31, 2016 (2HFY16).

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Property counters may be a safer bet

BOTH the Malaysian and Singaporean governments have sent clear signals that the high-speed rail (HSR) linking Kuala Lumpur and the city state will be a reality; it is only a matter of time.

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Zaha Hadid’s first tower in Melbourne unveiled

PETALING JAYA (Aug 16): Melbourne will soon usher in 600 Collins Street — the masterpiece of the world’s most renowned female architect, Zaha Hadid — after the Victorian government approved the $300-million project, Tourism Australia announced in a press release today.

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George Kent consortium leads MRT Line 2 job race

KUALA LUMPUR (Aug 16): A consortium led by George Kent (Malaysia) Bhd has emerged the front runner for a RM1 billion deal to build new tracks for the mass rapid transit (MRT) Line 2, known as the Sungai Buloh-Serdang-Putrajaya (SSP) Line.

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PR1MA, Zecon plan Sarawak JV

KUALA LUMPUR (Aug 15): Zecon Bhd signed a heads of agreement (HoA) with PR1MA Corp Malaysia for a proposed residential property development within an estimated 22ha (54.

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