News about l

KUALA LUMPUR (May 22): KLCC Property Holdings Bhd (KLCCP) closed its first financial quarter ended March 31, 2017 (1QFY17) with lower net profit of RM176.

KUALA LUMPUR (May 22): Matrix Concepts Holdings Bhd plans to raise up to RM250 million from issuance of Islamic commercial papers and/or medium term notes to finance future investments, working capital and capital expenditure.

  PETALING JAYA (May 22): Construction Industry Development Board of Malaysia (CIDB) has taken legal action against the main contractor of KL Eco City development in Bangsar, Kuala Lumpur, for safety negligence in the collapse of a link bridge that caused the death of a site worker.

KUALA LUMPUR (May 22): UOA Development Bhd’s net profit fell 55% to RM43.

SINGAPORE (May 22): Half of Phase 1A of Bukit Pelali at Pengerang in Johor state has been sold prior to its Friday launch, according to developer Astaka Holdings.

KUALA LUMPUR (May 22): Econpile Holdings Bhd has bagged a RM48.

KUALA LUMPUR (May 22): Gabungan AQRS Bhd expects to finalise the planned sale of its land in Dengkil, Selangor to PR1MA Corp Malaysia within the next three weeks under a proposed joint venture (JV) to develop affordable housing there.

SINGAPORE (May 22): Singapore-listed property construction and development company Koh Brothers Group Ltd announced its maiden foray into the Korean real estate market with the purchase of a prime freehold site in the heart of the famed Gangnam-gu district in Seoul, South Korea.

KUALA LUMPUR (May 22): Property developer UOA Development Bhd will be launching three new projects this year with a combined total gross development value (GDV) of about RM700 million, according to the group’s senior manager Yap Kang Beng.

KUALA LUMPUR (May 22): TSR Capital Bhd’s wholly-owned subsidiary and US-based Globe Ventures Holdings Inc (GVHI) propose to jointly develop a mixed development project on 21.