CapitaLand Mall Trust remains DBS’s mall owner of choice
SINGAPORE (July 27): DBS Vickers Securities is keeping its “hold” call on CapitaLand Mall Trust (CMT) with a higher target price of S$2.
CEO: Tabung Haji will not sell off TRX land
KUALA LUMPUR (July 26): Tabung Haji has indicated it will not sell the Tun Razak Exchange (TRX) land that it purchased from 1Malaysia Development Bhd (1MDB), as the pilgrimage fund sees long-term value in the piece of land.
KKB Engineering-WCT JV bags RM1.29 bil Pan Borneo Highway job
KUALA LUMPUR (July 26): The joint venture of KKB Engineering Bhd and WCT Holdings Bhd has bagged a RM1.
How the Singapore-KL High Speed Rail could bring more than growth
SINGAPORE (July 26): UOB is expecting the Singapore-Kuala Lumpur High Speed Rail to be the “next growth-game changer for the two countries, after Singapore Prime Minister Lee Hsien Loong and Malaysia Prime Minister Najib Razak signed the memorandum of understanding for the project on July 18.
PPESW-BPSB JV clinches Pan Borneo Highway job
KUALA LUMPUR (July 26): A joint venture (JV) between Bina Puri Holdings Bhd and Cahya Mata Sarawak Bhd yesterday received and accepted a letter of award from Lebuhraya Borneo Utara Sdn Bhd for the proposed development and upgrade of Pan Borneo Highway in Sarawak for a contract sum of RM1.
Public Bank lowers BR, BLR by 23 bps
KUALA LUMPUR (July 26): Public Bank Bhd announced yesterday that it will reduce its base rate (BR) and base lending rate (BLR) or base financing rate by 23 basis points (bps) from tomorrow onwards, following Bank Negara Malaysia’s (BNM) move to cut the overnight policy rate by 25 bps to 3%.
Tiong Nam has business expansion plans on the cards
Tiong Nam Logistics Holdings Bhd(July 25, RM1.
Concorde KL to be demolished to unlock land value
LONG-established Concorde Hotel Kuala Lumpur — which is linked to Sultan of Selangor Sultan Sharafuddin Idris Shah, entrepreneur Tan Sri Syed Yusof Syed Nasir and Singaporean tycoon Ong Beng Seng — may be torn down to make way for a multibillion-ringgit integrated project, documents show.
A new landmark in Bangsar
THE Malaysian Institute of Architects’ (PAM) new headquarters in Jalan Tandok, Bangsar, called PAM Centre, exudes a minimalist feel.
PAM launches Architecture Exhibition
PETALING JAYA (July 25): The Malaysian Institute of Architects (PAM) has launched its Architecture Exhibition in conjunction with the Kuala Lumpur Architecture Festival 2016 (KLAF 2016) and the soft launch of the new PAM centre at Jalan Tandok.
