News about d

KUALA LUMPUR (Nov 13): Starting in 2019, all applications for outdoor advertisements will be conducted through an open tender system.

  KELANA JAYA (Nov 13): The Housing and Local Government Ministry (KPKT) should take the initiative to work with the private sector to promote the rent-to-own concept or other alternatives to encourage homeownership without over-stretching the finances of individuals instead of increasing affordable housing supply, said Socio-Economic Research Centre (SERC) executive director Lee Heng Guie.

  PETALING JAYA (Nov 13): SMART (Stormwater Management and Road Tunnel) said the recent viral photo of a car trapped in a flooded tunnel that was assumed to be the SMART tunnel was incorrect.

UEM Sunrise Bhd (Nov 12, 76 sen) Upgrade to buy with a lower target price (TP) of 85 sen: Notwithstanding the weak sentiment towards Iskandar Malaysia’s properties, UEM Sunrise Bhd’s share price has plunged to an attractive level, at a mere 0.

  KUALA LUMPUR (Nov 13): TMC Life Sciences Bhd said its parent, Singapore-listed Thomson Medical Group Ltd (TMG), plans to spin off its real estate business to its existing shareholders via a distribution in specie by way of a capital reduction of S$155.

  KUALA LUMPUR (Nov 13): AirAsia Group Bhd will not invest in the proposed airport real estate investment trust (Airport REIT) as the low-cost carrier does not want to lose focus on its airline business, said chief executive officer (CEO) Tan Sri Tony Fernandes.

KUALA LUMPUR (Nov 13): Shares in Malaysian Resources Corp Bhd (MRCB) surged as much as 9% to hit an intraday high of 83 sen yesterday — its highest level in two months as investors reacted positively to a RM1.

KUALA LUMPUR (Nov 12): Segambut lawmaker Hannah Yeoh (pictured) lodged a report with the Malaysian Anti-Corruption Commission (MACC) last week about 29 violations of the recently gazetted Kuala Lumpur City Plan (KLCP) 2020 in her constituency, reported The Star.

KUALA LUMPUR (Nov 12):  Finance Minister Lim Guan Eng today explained that the new homesownership platform initiative provides Malaysians with another option towards owning a home.

KUALA LUMPUR (Nov 12): Malaysian Real Estate Investment Trust (REIT) Managers Association (MRMA) suggested the government consider increasing the free float of the Airport REIT (AREIT) to more than 30% of the proposed stake, in line with the Bursa Malaysia's priority to attract higher foreign participation in the local capital market.