Gardens Mall’s new NLA expected to lift IGB REIT FY19-20 earnings
IGB Real Estate Investment Trust(Sept 25, RM1.
Pestech bags RM399m subcontract works for Gemas-JB rail track
KUALA LUMPUR (September 26): Pestech International Bhd has bagged a RM399 million sub-contract from Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd to undertake engineering, procurement, construction and maintenance works relating to the electrification system for the electrified double track from Gemas to Johor Baru.
Rosmah likely to be charged this week
KUALA LUMPUR (September 26): Datin Seri Rosmah Mansor has been summoned by the Malaysian Anti-Corruption Commission (MACC) again, and may also face criminal charges alongside her husband, embattled former prime minister Datuk Seri Najib Razak, for her involvement in the case of SRC International Sdn Bhd — a former subsidiary of 1Malaysia Development Bhd (1MDB).
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.
MoF backtracks on foreign worker levy, says employers now to pay in full
KUALA LUMPUR (Sept 25): Just a day after announcing that employers would only have to pay 20% of the RM10,000 levy for each foreign worker, Finance Minister Lim Guan Eng today did an about-turn and said employers will have to continue to pay the levy in full.
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.
The nucleus of Southern Klang Valley
With decades of experience in town making, Gamuda Land knows a good township stems from mindful planning.
MPAJ: Ukay ramp to open despite protests
PETALING JAYA (September 25): An access ramp that goes through the residential neighbourhood of Taman Ukay Bistari in Ampang will be opened despite protests.
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.
