Crest Builder bags RM192m construction job from UEM Sunrise unit
KUALA LUMPUR (Oct 7): Crest Builder Holdings Bhd has bagged a construction job worth RM192.
Aspen Group reaches settlement of RM56.4m tax with IRB
KUALA LUMPUR (Oct 7): Aspen (Group) Holdings Ltd said its wholly-owned indirect subsidiary Aspen Vision Land Sdn Bhd (AVL) and three other subsidiaries of the group had entered into composite agreements with the director-general of the Inland Revenue Board (IRB) for a sum of RM56.
Unfair to apply same maintenance rate on all parcel owners of mixed development – Burgess Rawson responds to High Court ruling
PETALING JAYA (Oct 6): There is no correlation between the selling price of a parcel and the apportionment of maintenance cost for common property, thus it’s unfair and unreasonable to apply a uniform rate of maintenance charges on the parcel owner of a mixed development, said Burgess Rawson Management Sdn Bhd managing director Wong Kok Soo.
Evergrande to raise US$5b from stake selling its property unit
HONG KONG (Oct 4): China Evergrande is looking at disposing of 50% of its stake in its property management unit to Hopson Development for US$5 billion (RM20.
Eversendai executive director Narishnath Nathan designated as deputy group MD
KUALA LUMPUR (Oct 1): Eversendai Corp Bhd executive director Narishnath Nathan has been redesignated as deputy group managing director of the group effective immediately.
Berjaya Corp's 4Q loss narrows on-year as revenue more than doubles, bolstered by gaming, F&B ops
KUALA LUMPUR (Sept 30): Berjaya Corp Bhd’s net loss eased to RM242.
Malaysian banks have no exposure to Evergrande, says S&P
KUALA LUMPUR (Sept 29): Malaysian banks are not directly exposed to embattled property developer China Evergrande Group as they are more concentrated in the Southeast Asian region, says S&P Global Ratings.
First-time buyers continued to support house prices in 1H21 — BNM
KUALA LUMPUR (Sept 29): First-time buyers of affordable residential property continued to support house prices in Malaysia in the first half of 2021 (1H21) despite the housing market reversing improvements observed in 2H20 as the effects of the positive response to various homeownership incentives introduced by the government subsided.
VPEX 2021 webinar EP 2: Engage the professionals – knowledge is key before purchasing property
PETALING JAYA (Sept 28): Knowledge is power.
Evergrande debt crisis will not have a major impact on Country Garden, say analysts
KUALA LUMPUR (Sept 25): The Evergrande Real Estate Group debt problem will not have a major impact on “the financial health and operations” of Country Garden Holdings Co Ltd in Malaysia, a number of analysts “monitoring the situation” told The Edge Malaysia this week.
