SHAH ALAM (June 18): Federal Land Development Authority (Felda) will identify abandoned housing developments in its schemes and in partnership with the private sector, turn them into housing projects for the new generation.
KUALA LUMPUR (June 18): Many Hong Kong people are looking to Malaysia as a venue to invest in properties for their second home or retirement, the South China Morning Post (SCMP) reported today.
PUTRAJAYA (June 18): The government and the private sector is working to roll out their CSR projects that will enhance the living standards of the B40 group and in People’s Housing Projects (PPR), an initiative under the National Community Policy or Dasar Komuniti Negara (DKN).
SETIA ALAM (June 18): S P Setia Bhd’s latest Starter Home series, Artoca@Setia Alam, Selangor was fully sold on the first day of its launch recently.
UEM Sunrise Bhd (June 17, 85 sen) Maintain market perform with a lower target price of 83.
KUALA LUMPUR (June 18): Jesselton Duty-Free, which boasts a retail space of 37,000 sq ft in the seafront mall of Jesselton Mall in Kota Kinabalu, Sabah, has opened its doors.
KUALA LUMPUR (June 18): Construction firm Kimlun Corp Bhd expects a 2% profit margin compression in anticipation of a RM90 or 45% hike in bulk cement prices.
KUALA LUMPUR (June 17): Damansara Realty Bhd is partnering the state investment arm of Negeri Sembilan — the Menteri Besar Negeri Sembilan (Inc) or MBNSI — to jointly develop a RM771 million mixed development in Bandar Sri Sendayan, Negeri Sembilan.
KUALA LUMPUR (June 17): It turns out that there were even more secret transactions involving SRC International Sdn Bhd funds that were concealed from its board of directors, including the application of a second RM2 billion loan from Retirement Fund (Incorporated) (KWAP).
KUALA LUMPUR (June 17): Fugitive financier Low Taek Jho — better known as Jho Low — was mentioned again in today's SRC International Sdn Bhd proceedings.
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