Gabungan AQRS leverages tie-ups with Suria Capital, Tanah Makmur
GABUNGAN AQRS Bhd’s partnership with state-linked companies, including Sabah’s Suria Capital Holdings Bhd and Tanah Makmur Bhd — whose major shareholders include Pahang’s crown prince Tengku Abdullah Sultan Ahmad Shah — puts it in a good position to bag future jobs.
Good response to preview of Sunway Mont Residences
THE domestic property market may be experiencing a downturn at the moment but if the response to the public preview of Sunway Bhd’s Sunway Mont Residences in Mont’Kiara is any indication, there are still bright spots in the gloomy outlook.
PROPERTY SNAPSHOT 2: What’s affordable in Bukit Jalil?
• Non-landed residential property indices in Bukit Jalil appear affordable.
Half of KotaSAS Evergreen II Homes taken up
PETALING JAYA (May 30): KotaSAS Sdn Bhd, the developer of Kota Sultan Ahmad Shah (KotaSAS) township in Kuantan, Pahang, has seen 52% of its Evergreen II Homes being taken up since the project was unveiled in March, said the developer.
TRX City invites contractors for pre-qualification exercise
KUALA LUMPUR (May 30): Tun Razak Exchange master developer TRX City Sdn Bhd (TRX City) is inviting contractors to participate in a pre-qualification exercise for a proposed traffic dispersion and improvement to part of Jalan Tun Razak (JTR), and the construction of the TRX ingress and egress.
St Regis Langkawi seen as a boost
LANGKAWI (May 30): Opening up luxury hotels such as The St Regis Langkawi is a strategy to boost the reputation of the island resort particularly among upmarket tourists, said Prime Minister Datuk Seri Najib Razak yesterday.
Higher admin costs, forex losses hit E&O’s FY16 earnings
Eastern & Oriental Bhd (May 27, RM1.
Investors shrug off developers’ unbilled sales
KUALA LUMPUR (May 30): A comforting tune to most developers amid the tepid property market is their rather healthy unbilled sales levels, which are expected to be sufficient to sustain earnings until next year end, at least.
Bina Puri yet to announce new construction jobs
Bina Puri Holdings Bhd (May 27, 37 sen) Maintain hold with a lowered target price (TP) of 42.