MIEA: 66.5% of real estate practitioners surveyed say property market outlook stable
PETALING JAYA (Feb 6): About 66.
MACC remands deputy general manager, project director and five others
PUTRAJAYA (Feb 6): The Malaysian Anti-Corruption Commission (MACC) has obtained a five-day remand today for seven individuals, including a deputy general manager and a project director of a property developer, The Star Online reported.
Revision of commercial vehicle tax, toll charges on Second Link proposed
PETALING JAYA (Feb 6): A revision of the commercial vehicle tax and toll charges at the Second Link between Johor and Singapore will be mooted at the Cabinet meeting tomorrow (Feb 7) in a bid to reduce congestion on the Causeway (pictured), reported The Star.
PCCS sells Batu Pahat property for RM8.5m
KUALA LUMPUR (Feb 5): Apparel manufacturer PCCS Group Bhd is proposing to sell a 2.
MBSB makes boardroom changes amid merger with AFB
KUALA LUMPUR (Feb 6): Malaysia Building Society Bhd (MBSB) is restructuring its boardroom as it prepares to merge with Asian Finance Bank Bhd (AFB).
DBE Gurney moves into property development with proposed joint development in Perak
PETALING JAYA (Feb 5): Poultry firm DBE Gurney Resources Bhd has marked its diversification into property development and construction segment through a proposed joint development with Misi Jutari Sdn Bhd (MJSB) in Perak.
Liow dismisses sabotage claims
KUALA LUMPUR (Feb 5): Transport Minister Datuk Seri Liow Tiong Lai has dismissed claims by Penang Chief Minister Lim Guan Eng that Barisan Nasional (BN) leaders in Penang were trying to sabotage the state's proposed RM6.
MCT shareholders told to reject unfair, unreasonable takeover offer
KUALA LUMPUR (Feb 5): MCT Bhd shareholders have been told to reject the takeover bid launched by Philippines-based property developer Ayala Land Inc's unit Regent Wise Investments Ltd, which has been deemed "not fair and not reasonable" by independent adviser Kenanga Investment Bank Bhd (Kenanga IB).
Colony Space Asia offers RM10,000 in referral fees
PETALING JAYA (Feb 5): As co-working space Colony Space Asia gears up for rapid expansion, it is seeking to boost its roster of talents and will pay RM10,000 in referral fees to anyone who recommends a new candidate who is hired and confirmed after their probationary period, it said in a press statement today.
Ikhmas expected to resume growth trajectory on higher progress billing
Ikhmas Jaya Group Bhd (Feb 2, 56 sen) Maintain buy with an unchanged target price (TP) of 75 sen: Ikhmas Jaya Group Bhd recently announced that it had accepted a letter of award from Mudajaya Corp Bhd to undertake subcontract bored pilling works (Zone 2 and Zone 3) for light rail transit (LRT) 3 package GS01.
