MP: Probe DBKL selling Taman Desa land at below market price
KUALA LUMPUR (Dec 6): An opposition MP is asking why Kuala Lumpur City Hall (DBKL) sold a 7.
IJM Corp takes a breather, dips 1.99%
KUALA LUMPUR (Dec 6): Shares in IJM Corp Bhd (IJM) took a a breather and fell 1.
‘Share buy-back possible as YTL Corp hovers near 8-year low’
KUALA LUMPUR (Dec 6): YTL Corp Bhd managing director (MD) Tan Sri Dr Francis Yeoh, who witnessed the signing of agreements yesterday between its hospitality arm and US-based Marriott International Inc to build two new luxury hotels here, said he was unsure why the conglomerate’s share price was hovering near its eight-year low.
Putrajaya to set up ministry-level committee for luxury property construction appeals
PETALING JAYA (Dec 6): A ministry-level committee will be set up to review appeals by developers to build luxury properties priced from RM1 million in selected locations across major cities, said Urban Wellbeing, Housing and Local Government Minister Noh Omar.
ML Global inks shareholders' agreement with China's Sany Group for JV business
KUALA LUMPUR (Dec 5): ML Global Bhd has inked a shareholders' agreement with China's Sany Group Co Ltd to form a joint venture company (JVco) to manufacture precast concrete (PC) panels for building projects.
Klang Valley retail occupancy rate at 5-year low
KUALA LUMPUR (Dec 6): The average occupancy rate of retail space in the Klang Valley, which has been falling marginally over the last six years, is now hovering at a five-year low of 86%, said real estate services firm Nawawi Tie Leung Sdn Bhd (NTL).
YTL Corp, Marriott plan two new hotels in Kuala Lumpur
KUALA LUMPUR (Dec 5): YTL Hotels & Properties Sdn Bhd, the hospitality arm of YTL Corp Bhd, will be teaming up with long-term partner US-based Marriott International Inc to build two new luxury hotels here.
Developers can still build offices, malls with 'justification' — Johari
KUALA LUMPUR (Dec 5): Despite an announced freeze of approvals for shopping complexes, offices and condominiums priced above RM1 million, developers can still build offices and shopping malls, provided they justify their projects to the relevant minister, according to second finance minister Datuk Johari Abdul Ghani.
Mulpha International issues US70m debt notes
KUALA LUMPUR (Dec 5): Mulpha International Bhd has issued the sixth series of notes under its US$200 million (RM818 million) Medium Term Note (MTN) programme.
Vivocom seen to be entering into slower billing cycle
Vivocom International Holdings Bhd (Dec 4, 13 sen) Maintain buy recommendation with an adjusted target price (TP) of 33 sen per share: Vivocom International Bhd’s nine-month financial year 2017 (9MFY17) earnings came below expectations.
