HSR axing impact on Iskandar Puteri minimal
PETALING JAYA (May 31): The cancellation of the Kuala Lumpur-Singapore high-speed rail (HSR) project will only have a light impact on Iskandar Puteri’s property market in the medium part, as it is only a positive point to upcoming projects in the region.
Govt to review at least RM10b worth of projects
PETALING JAYA (May 31): The government will review, renegotiate or postpone “high-value” projects that are cumulatively worth RM10 billion, said Finance Minister Lim Guan Eng (pictured).
Eversendai 1Q net profit jumps 74% on higher forex gain
KUALA LUMPUR (May 31): Eversendai Corp Bhd’s net profit jumped 74.
Boustead swings to RM 6.1m profit in 1Q, declares 2.5 sen dividend
KUALA LUMPUR (May 31): Boustead Holdings Bhd returned to the black in the first quarter ended March 31, 2018 (1QFY18) after posting a net profit of RM6.
DBKL cancels PPR, public housing repainting contracts
KUALA LUMPUR (May 31): The contracts of 10 firms appointed to repaint Public Housing and People's Housing Project (PPR) buildings in Kuala Lumpur costing RM180 million have been cancelled, reported Bernama yesterday.
TA Global 1Q net profit almost triples on property disposal, compulsory acquisition
KUALA LUMPUR (May 31): TA Global Bhd's first quarter net profit almost tripled to RM230.
IJM shares fall to 9-year low as MRT3 scrapped, slump in 4Q earnings
KUALA LUMPUR (May 31): Shares in IJM Corp Bhd fell as much as 10.
LBS Bina, NWP terminate deal for joint development in China
KUALA LUMPUR (May 31): LBS Bina Group Bhd and NWP Holdings Bhd have decided to mutually terminate an agreement for a joint development project to transform the Zhuhai International Circuit in China, in which LBS Bina has a 60% stake.