GuocoLand to launch The Martin Modern
SINGAPORE (July 6): GuocoLand today announced that its latest development, The Martin Modern, will be launched on July 22.
MRCB up after option period extended
KUALA LUMPUR (July 6): Malaysian Resources Corp Bhd (MRCB) rose as much as 11 sen or 8% after the builder and property developer extended the option period to buy Nusa Gapurna Development Sdn Bhd's assets.
MRCB proves capability in work on National Sports Complex
Malaysian Resources Corp Bhd (July 5, RM1.
PRG mulls JV with Singapore O&G firm for property, construction jobs
KUALA LUMPUR (July 6): PRG Holdings Bhd is going to explore the possibility of partnering with Singapore-listed oil and gas (O&G) firm Mirach Energy Ltd to undertake property and construction projects in Malaysia and elsewhere.
Ascott group acquires additional 60% stake in Quest Apartment Hotels for S$191 mil
SINGAPORE (July 5): The Ascott, a wholly owned subsidiary of CapitaLand, this morning announced that it is acquiring an additional 60% stake in Quest Apartment Hotels for A$180 million (S$191 million or RM594 million).
RFP for Bandar Malaysia opens today
KUALA LUMPUR (July 5): The request for proposal (RFP) for the appointment of the master developer for the RM12.
IWCity says restructuring deadline extended
KUALA LUMPUR (July 5): Iskandar Waterfront City Bhd (IWCity) and Iskandar Waterfront Holdings Sdn Bhd (IWH) extended the deadline to conclude their planned restructuring to Sept 4 this year, as IWH needed more time to finalise talks on the corporate exercise.
Bina Puri's Indonesian power unit debuts 70% higher on IDX
JAKARTA (July 5): Construction and property development player Bina Puri Holdings Bhd saw its 80%-owned Indonesian power subsidiary PT Megapower Makmur Tbk opening 70% higher from its offer price on its Indonesia Stock Exchange (IDX) debut today.
Mah Sing’s focus on Klang Valley, affordable project should bode well in near term
Mah Sing Group Bhd (July 4, RM1.