GDB to focus on high-rise, expand into other segments
GDB Holdings Bhd (March 12, Unlisted) IPO fair value (FV) at 41 sen.
Positive earnings outlook seen for YTL Hospitality REIT
YTL Hospitality Real Estate Investment Trust (March 12, RM1.
S P Setia to launch Vallaris at Setia Eco Gardens, Johor this weekend
PETALING JAYA (March 13): S P Setia Bhd will launch Vallaris eco homes this weekend at its Setia Eco Gardens township in Johor Bahru.
KSL buys 47.74ha land in Tebrau for RM133.59m
KUALA LUMPUR (March 12): KSL Holdings Bhd is buying two parcels of leasehold land totalling 47.
London house prices decline fastest since 2009 recession
PETALING JAYA (March 13): London house prices are falling at the fastest rate since the 2009 recession, with its most expensive boroughs recording the biggest drops, reported Bloomberg.
Lafarge Malaysia appoints new president and CEO
PETALING JAYA (March 12): Mario Gross has been appointed the new president and CEO of Lafarge Malaysia Bhd effective April 1, it announced in a press statement today.
Ex-Felda chairman, GM signed Jalan Semarak land transfer docs
PETALING JAYA (March 12): Former Federal Land Development Authority (Felda) chairman Tan Sri Isa Samad and an unnamed general manager at the agency were the two individuals who signed the Power of Attorney (PA) for Felda’s land at Jalan Semarak in Kuala Lumpur, Parliament was told today.
Commercial property glut poses risk for M’sian banks
KUALA LUMPUR (March 12): Banks may face risks on their commercial property loans, as a looming oversupply of office buildings and shopping malls may lead to a correction in valuations, said a Reuters story citing a report by Moody’s dated March 9.
AlloyMtd appoints Mace to undertake redevelopment of One Crown Place in London
KUALA LUMPUR (March 13): Malaysian infrastructure conglomerate AlloyMtd Group has appointed international consultancy and construction firm Mace to undertake the redevelopment of One Crown Place, which has a gross development value (GDV) of £500 million (RM2.
MACC getting engineers, experts to help in Penang tunnel project probe
PUTRAJAYA: The Malaysian Anti Corruption Commission (MACC) has sought the help of engineering experts and consultants to assist in the investigations on the Penang tunnel project, The Star Online reported today.
