IJM invests RM500m in Menara Prudential in TRX
PETALING JAYA (Nov 21): IJM Corp Bhd (IJM) is developing Menara Prudential at the international financial district Tun Razak Exchange (TRX), said IJM and TRX City Sdn Bhd in a press statement today.
Sime Darby's share trade to halt on Nov 27
KUALA LUMPUR (Nov 21): Trading of Sime Darby Bhd's shares will be suspended on Nov 27 to facilitate the distribution of shares under the group's demerger exercise.
Sime Darby Property happy with Lot 15 take-up
PETALING JAYA (Nov 21): Sime Darby Property Bhd’s latest launch in Subang Jaya, Lot 15 serviced apartment, has achieved a 64% take-up rate of its 204 units for sale during its weekend launch on Nov 18 and 19.
Land & General rises on 2Q results
KUALA LUMPUR (Nov 21): Land & General Bhd (L&G) rose as much as 0.
Zecon falls 7.55% after disposal of stake in unit postponed
KUALA LUMPUR (Nov 21): Shares in Zecon Bhd fell 7.
Housing ministry ready to look into property glut
PETALING JAYA (Nov 21): The Urban Wellbeing, Housing and Local Government Ministry is ready to look into the issue of excessive property stock, especially unsold residential units, with various parties to resolve the problem.
Malton rises 3.96% on solid 1Q earnings
KUALA LUMPUR (Nov 21): Shares in Malton Bhd rose 3.
Construction will be our game changer — Voir
KUALA LUMPUR (Nov 21): Apparel retailer Voir Holdings Bhd, which is turning to construction to diversify its earnings by taking up a stake in Consortium Zenith Construction Sdn Bhd, the special purpose vehicle (SPV) that is executing the RM6.
Johari: No U-turn in approval freeze on luxury property projects
KUALA LUMPUR (Nov 21): Second Finance Minister Datuk Seri Johari Abdul Ghani reiterated the need for Malaysia's freeze on development approvals for shopping complexes, offices, serviced apartments and luxury condominiums priced over RM1 million, to safeguard the banking sector.
