Sunway Construction posts flat 2Q net profit, declares 3.5 sen dividend
KUALA LUMPUR (August 17): Sunway Construction Group Bhd (SunCon) posted a flat net profit of RM35.
Hilltop homes in Genting Highlands
Mention Genting Highlands, and the first things that come to mind are probably the refreshing temperature, the casino, the entertainment shows and the amusement park; in short – it is a holiday destination.
Privatisation of KL-S'pore HSR not an option, says Azmin
KUALA LUMPUR (Aug 16): Privatisation of the RM110 billion Kuala Lumpur-Singapore High Speed Rail (HSR) project is not among the options presented to the Singapore government, said Economic Affairs Minister Datuk Seri Azmin Ali.
Developers told ‘don’t come and complain’ if unaffordable homes don’t sell
GEORGE TOWN (August 16): Following a drop in demand for expensive units, State Housing Committee chairman Jagdeep Singh Deo said that building affordable homes is the way forward for developers.
Developers hope for proposed affordable housing entity to be thorough
CYBERJAYA (Aug 16): The Real Estate and Housing Developers' Association Malaysia (Rehda) (pictured) hopes that the proposed single entity to oversee affordable housing will be different from the rest as there is more urgency now to ensure the issues faced are addressed promptly.
Malaysia to prove Jho Low's private jet bought with stolen money – PM
KUALA LUMPUR (Aug 16): Malaysia will strive to prove that the private aircraft owned by businessman Low Taek Jho or Jho Low was bought with money stolen from the country, Tun Dr Mahathir Mohamad said today.
Target of 1mil PR1MA homes off by 983,318
KUALA LUMPUR (August 16): Deputy Housing and Local Government Minister Raja Kamarul Bahrin Shah Raja Ahmad told Dewan Rakyat yesterday that only 16,682 units of 1Malaysia People’s Housing Programme (PR1MA) homes have been completed out of the targeted one million by 2020.
Damansara Realty slips into the red in 2Q as sales cost, opex weigh
KUALA LUMPUR (Aug 16): Damansara Realty Bhd slipped into the red in the second quarter ended June 30, 2018 (2QFY18) despite higher revenue, mainly due to higher cost of sales and operating expenses.
