UEM Sunrise’s plan to expand in country’s central region seen positive
UEM Sunrise Bhd (Aug 27, 92 sen) Maintain buy with an unchanged target price of RM1.
IOI Properties 4Q profit down 21.3% to RM264.99m
KUALA LUMPUR (Aug 28): IOI Properties Group Bhd’s fourth-quarter (4Q) net profit dropped 21.
Matrix Concepts founder Lee now executive deputy chairman
KUALA LUMPUR (Aug 28): Matrix Concepts Holdings Bhd’s founder and major shareholder Datuk Lee Tian Hock (pictured) has been redesignated as the group’s executive deputy chairman effective Sept 1.
CEP report ‘never meant for publication’
KUALA LUMPUR (Aug 28): The 100-day report by the Council of Eminent Persons (CEP) was never meant to be published for the public, said economist Dr Jomo Kwame Sundaram.
DBKL to check damage on bridge linking Kerinchi LRT to Bangsar South
PETALING JAYA (Aug 27): A long glass pedestrian bridge that links the Kerinchi LRT at Plaza Pantai to Bangsar South will be examined by Dewan Bandaraya Kuala Lumpur's (DBKL) engineer and contractor following complaints by pedestrians and denizens of the area.
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.
