Ideal United shares hit 13-year high after sharp rise in 2Q earnings
KUALA LUMPUR (Aug 27): Ideal United Bintang International Bhd’s (IUBI) share price hit a 13-year high of RM1.
Country Garden stresses that all foreign purchases comply with Malaysian laws and regulations
PETALING JAYA (Aug 27): Country Garden Pacificview Sdn Bhd, the master developer of Forest City in Iskandar Malaysia, Johor, reiterated that all its property transactions comply with all Malaysian laws and regulations and have the necessary approvals to be sold to foreign purchasers.
More Japanese investments coming into Iskandar, says deputy minister
ISKANDAR PUTERI (Aug 27): There has been a significant growth in investments, especially from Japan, into the Iskandar region following the installation of the new government.
DBKL advisory board nominations received by FT Minister
PETALING JAYA (Aug 27): Federal Territories Minister Khalid Samad has received nominations for the Dewan Bandaraya Kuala Lumpur (DBKL) advisory board and will announce the shortlisted names by the end of this month, reported The Star.
Matrix Concepts 1Q net profit up 10%, declares 3.25 sen dividend
KUALA LUMPUR (Aug 27): Matrix Concepts Holdings Bhd's net profit grew 10.
Ewein 2Q net profit soars 273% on higher property sales
KUALA LUMPUR (Aug 27): Ewein Bhd's second quarter net profit increased 273% to RM11.
Malaysia bans foreigners from Forest City mega project
KUALA LUMPUR (Aug 27): Prime Minister Tun Dr Mahathir Mohamad has announced that foreigners will not be allowed to buy property at the Forest City (pictured) mega project in Johor or be granted visas to live there.
Selangor to study residential development costs
PETALING JAYA (Aug 27): The Selangor state exco has proposed to establish a taskforce that will examine the costs of residential property development to the point where the property is sold, reported The Star.
PM says tax refunds to be paid only when govt has money – report
KUALA LUMPUR (Aug 27): The Prime Minister Tun Dr Mahathir Mohamad has said that the government can only refund overpaid taxes when it has the monies to do so.
Dr M: CEP report is only for me
KUALA LUMPUR (Aug 27): The recommendations made by the Council of Eminent Persons (CEP) will not be revealed to the public as its function is to report to the country's Prime Minister, said Tun Dr Mahathir Mohamad.
