Cash on hand, the ultimate buffer
KUALA LUMPUR (July 25): The slowdown in the property sector has prolonged for over a year.
LEKAS-EcoMajestic interchange to officially open in Aug or Sept
PETALING JAYA (July 22): The LEKAS-EcoMajestic interchange will officially open in August or September, said Eco World Development Group Bhd (EcoWorld) president and CEO Datuk Chang Khim Wah.
Cost of Penang Transport Master Plan to balloon to RM46b, says project delivery partner
GEORGE TOWN (July 22): The Gamuda Bhd-led SRS Consortium confirmed that the initial cost of RM27 billion for the Penang Transport Master Plan (PTMP) has ballooned to an estimated RM46 billion, after additional components were added by Seberang Perai Municipal Council (MPSP).
50 Cent trying to sell mansion, slashes price again
KUALA LUMPUR (July 22): It is hard times for American rapper 50 Cent.
Gadang’s 4Q net profit climbs 20%
KUALA LUMPUR (July 22): Gadang Holdings Bhd’s net profit climbed 20% to RM30.
Aged care and retirement communities need a rethink in Malaysia
GROWING old is inevitable, no matter how much you juice, exercise or slap on expensive moisturiser.
Matrix Concepts to build more high-end homes
BETTER known for building affordable residential and commercial properties, Seremban-based developer Matrix Concepts Holdings Bhd is planning to target the mid- to high-income market with the launch of higher-end properties.
Kerjaya Prospek hits all time high on new job, earnings upgrade
KUALA LUMPUR (July 20): Shares in Kerjaya Prospek Group Bhd rose as much as 3% to hit its historical high in early trades today, after the group secured a RM214 million construction contract and declared a four sen dividend.
Sizing up SC’s proposed changes to REIT rules
REAL estate investment trusts (REITs), as prospective property buyers, not only provide a new source of deals but is also an avenue for banks to cut property-related lending exposure as developers raise cash from property disposals to relieve their stretched balance sheets.
