Bank Negara: Imbalances in property market continue to persist
KUALA LUMPUR (Sept 26): It looks like the local property market is still not out of the woods, just yet.
Crest Builder inks MoU with T7 Global to prepare technical proposal
KUALA LUMPUR (Sept 26): Crest Builder Holdings Bhd has entered into a memorandum of understanding (MoU) with T7 Global Bhd to collaborate to prepare a detailed technical proposal for the construction and subsequent execution of works for the proposed mixed development, Latitud8 at Jalan Ampang, according to a filing with Bursa.
Sunway, NEC sign MoU to develop smart city solutions in Sunway Iskandar
KUALA LUMPUR (Sept 25): Sunway Iskandar and NEC Asia Pacific Pte Ltd have signed a memorandum of understanding (MoU) to explore a collaboration which aims to augment safety and security for the 1,800-acre Sunway Iskandar township in Johor.
Temokin Development launches maiden project in Pasir Gudang
PETALING JAYA (Sept 25): Boutique property developer Temokin Development Sdn Bhd, a subsidiary of Temokin Holdings Sdn Bhd, has launched the first phase of its maiden property project – the Mahligai at Nusa Damai, Pasir Gudang, Johor – today, it said in a press release.
Jho Low and 1MDB: The Movie?
Billion Dollar Whale co-author Tom Wright said that a movie deal is in the works, based on the book that tells the tale of Jho Low and the machinations behind the 1MDB scandal.
Rehda: 2019 property price turnaround unlikely
KUALA LUMPUR (September 25): Despite reports by property consultancies and real estate agents that say house prices will pick up in the second half of 2019, Rehda Institute chairman Datuk Jeffrey Ng Tiong Lip considers it unlikely.
Tune Group and ECM Libra venture into home sharing business
KUALA LUMPUR (Sept 25): Tune Group Sdn Bhd and ECM Libra Financial Group Bhd, via their joint venture company Tune Plato Ventures Sdn Bhd, have acquired a 50% stake into home-sharing platform SubHome.
Bina Puri cautious about construction operations
KUALA LUMPUR (September 25): Bina Puri Holdings Bhd said the group’s core construction business may stay in the red for the rest of the year as many projects that it intends to participate in are still in limbo.
Court orders OC Phang to pay damages to Port Klang Authority over PKFZ losses
PETALING JAYA (Sept 25): The Shah Alam High Court has ordered former Port Klang Authority (PKA) general manager OC Phang to pay damages to the authority over losses it suffered in the Port Klang Free Zone project.
Jho Low eyes deal with DoJ — Sarawak Report
KUALA LUMPUR (September 25): Alleged 1Malaysia Development Bhd (1MDB) mastermind Low Taek Jho (pic), better known as Jho Low, plans to strike a deal with the US Department of Justice (DoJ) over the latter’s investigation into the controversial fund, said Sarawak Report.
