Affordable homes special quota for armed forces personnel, veterans
KUALA LUMPUR (April 4): Negeri Sembilan will have a special quota for every category of affordable homes under its housing policy for armed forces personnel and veterans.
Tussle over Lee Kuan Yew’s Oxley home continues
PETALING JAYA (April 4): The siblings of Singapore’s prime minister Lee Hsien Loong said the declarations of a ministerial panel over the future of their late father’s house — 38 Oxley Road — were inaccurate, reported Free Malaysia Today.
Tien Wah seeks shareholders' nod to diversify into property development
KUALA LUMPUR (April 4): Tien Wah Press Holdings Bhd is seeking shareholders' approval to provide financial assistance of up to RM250 million to a joint venture company (JVco), and to diversify its business into property development and investment.
Construction sector’s contract outlook still robust
Construction sector Maintain overweight: High-beta construction stocks were among the least favoured in the first quarter of 2018 (1Q18), with the Kuala Lumpur Construction Index falling 9% year to date (YTD), weighed down by global stock market selldown.
Dewan Rakyat passes Limitation, Arbitration bills
KUALA LUMPUR (April 4): The Dewan Rakyat yesterday passed the Limitation (Amendment) Bill 2018, which extends the time limit of up to three years to house buyers to lodge a complaint over latent defects in their properties, Bernama reported.
Vertice bags RM218.5m contract, its biggest win to date
KUALA LUMPUR (April 4): Vertice Bhd, formerly Voir Holdings Bhd, has been awarded a subcontract job valued at RM218.
WCT’s Subang Skypark deal fails to excite
KUALA LUMPUR (April 4): Shares in WCT Holdings Bhd closed lower yesterday as news that it was acquiring a controlling 60% stake in the operator of the Skypark Terminal at the Sultan Abdul Aziz Shah Airport in Subang, Selangor failed to excite investors.
S’pore home prices rise fastest in almost eight years in 1Q18
SINGAPORE (April 3): Price recovery gathers momentum in 1Q18, rising by 3.
‘Opposition plans to scrap ECRL may dampen economic progress’
KUALA LUMPUR (April 3): The country’s economic progress, especially in the east coast, would be dampened if the East Coast Rail Link (ECRL) is scrapped.
Opportunity for Terengganu folk to own homes
KUALA LUMPUR (April 3): Up to 300 units of 1Malaysia People’s Housing project (PR1MA) homes would be built in each state constituency, Terengganu Menteri Besar Datuk Seri Ahmad Razif Abd Rahman, revealed yesterday.
