New access road to Emerald Rawang opens
PETALING JAYA (Dec 6): A new access road that runs through Emerald East and Emerald West precincts of Emerald Rawang township in Rawang, Selangor has been completed.
Scientex 1Q net profit up 39.1% to RM72.4m, declares 10 sen dividend
KUALA LUMPUR (Dec 6): Scientex Bhd net profit for the first quarter ended Oct 31, 2017 (1QFY18) rose 39.
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.
A river runs through it
Somehow, it seems particularly apt that acclaimed Bali-based architect Joost van Grieken’s home takes its name from the humble breadfruit tree or “pokok sukun”.
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).
Axis REIT acquires 40th property, total assets now worth RM2.46b
KUALA LUMPUR (Dec 5): Axis Real Estate Investment Trust (Axis-REIT) has added its 40th property — an industrial facility in Gebeng, Kuantan — to its portfolio today.
MIPEAC: Property market to stabilise and improve in 2018
PETALING JAYA (Dec 5): The Malaysian property market is expected to stabilise and improve next year on the back of an uptick in transaction volume, said the Malaysian Institute of Professional Estate Agents and Consultants (MIPEAC).
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.
IJM Corp and Sunway set up four-party consortium for KL-Singapore High Speed Rail
KUALA LUMPUR (Dec 5): IJM Corp Bhd announced today its wholly-owned IJM Construction Sdn Bhd has entered into a pre-bid agreement with three companies to participate in the tender for the Kuala Lumpur-Singapore High Speed Rail (HSR) project.
