News about co

KUALA LUMPUR (Aug 3): No members of the public will be involved in the three-month trial run of Phase 1 of the mass rapid transit Sungai Buloh-Kajang Line (MRT Line 1) that is slated to begin on Oct 1, said Mass Rapid Transit Corp Sdn Bhd (MRT Corp).

GEORGE TOWN (Aug 2): The Penang government is proposing a rent control policy for pre-war buildings after numerous complaints from business operators in the George Town Unesco World Heritage Site over excessive rental hikes, Bernama reported today.

KUALA LUMPUR (Aug 2): Mass Rapid Transit Corp Sdn Bhd (MRT Corp) said it is currently undertaking the mechanical and electrical system works of Phase 1 of the MRT Sungai Buloh-Kajang (SBK Line or MRT Line 1), which is on track to meet its targeted completion by end-2016.

KUALA LUMPUR (Aug 2): Scomi Engineering Bhd’s (SEB) indirect unit will sell its industrial land in Rawang to Axis Real Estate Investment Trust (Axis REIT) and lease it back from the trust for RM42 million cash.

WITH widespread expectation that global interest rates will stay low for a long time, real estate investment trusts in Singapore have performed well since the beginning of this year, despite a chorus of warnings about the deteriorating fundamentals of the commercial property sector.

DEEP-pocketed construction company Kerjaya Prospek Group Bhd is defying concerns over a property market slowdown as it continues to pull in orders.

KUALA LUMPUR (Aug 1): The property development sector is a good training ground for fresh graduates if they have the passion for it, said chairman and non-independent and non-executive director of Eco World Development Group Bhd (EcoWorld) Tan Sri Liew Kee Sin.

JOHOR (Aug 1): The high-rise property market in Johor is going through challenging times at present, but S P Setia Bhd is taking the long-term view and is optimistic about the Johor Bahru property market.

KUALA LUMPUR (July 29): The Securities Commission (SC) has rejected Yi-Lai Bhd's waiver application for Aspen Vision All Sdn Bhd to comply with the regulator's requirement that Aspen Vision All must be an operating entity for at least three years.

KUALA LUMPUR (July 29): Practice Note 17 (PN17) company Malaysian Pacific Corp Bhd (MPCorp) has inked a memorandum of understanding (MoU) with a Singapore company Terra Pontus Pte Ltd for the proposed disposal of a part of Wisma MPL for RM250 million.