Mah Sing plans new launches worth RM2.2b; profit drops 25% in FY18
KUALA LUMPUR (Feb 27): Mah Sing Group Bhd is planning new launches worth RM2.
Mindef: Boustead’s sale of hotel not confirmed, valuation still underway
KUALA LUMPUR (Feb 27): The Defence Ministry (Mindef) has clarified that Boustead Holdings Bhd has yet to dispose of the Royale Chulan Bukit Bintang Hotel, saying the valuation process is still underway.
IOI Prop 2Q earnings more than doubles on higher contribution from Chinese development projects
KUALA LUMPUR (Feb 27): IOI Properties Group Bhd’s second-quarter net profit more than doubled to RM214.
Damansara Realty’s PPA1M project in Putrajaya cancelled
KUALA LUMPUR (Feb 27): Damansara Realty Bhd (DBhd) said Putrajaya Corp has cancelled a project to build 1Malaysia Civil Servants Housing (PPA1M) units and related commercial components in Precinct 5, Putrajaya.
Development near Bukit Cerakah not on forest reserve land
PETALING JAYA (Feb 26): Shah Alam City Council (MBSA) has clarified that the plot of land near the Bukit Cerakah Forest Reserve in Shah Alam is not part of the forest reserve.
RM5.3b in savings with highway takeover – Guan Eng
KUALA LUMPUR (Feb 26): The acquisition of four existing highways from Gamuda Bhd will save the government RM5.
Bukit Jambul, Penang, residents worried about stray golf balls
BAYAN LEPAS (Feb 26): Residents of a condominium complex in Bukit Jambul, Bayan Lepas in Penang are quite worried about the damage stray golf balls are causing to their property, reported The Star today.
Gamuda recovers after selldown on fears of loss of highway biz to govt
KUALA LUMPUR (Feb 26): Shares of Gamuda Bhd regained some lost ground this morning after the company said it would ensure any takeover of its highway concessions is in line with "market valuation norms and practices".
Yong Tai in the red for 2nd consecutive quarter as revenue halves
KUALA LUMPUR (Feb 26): Yong Tai Bhd reported its second consecutive quarter in the red, with a net loss of RM5.
‘Market valuation norms’ please, Gamuda tells govt
KUALA LUMPUR (Feb 26): Gamuda Bhd has pledged to ensure that any takeover of its highway concessions is in line with “market valuation norms and practices”.
