Eco World rises 6.85% on RM9.39 million net profit news
GEORGE TOWN (Sept 18): Property developer Eco World Development Group Bhd grew 6.
Call to establish land tribunal to regulate sale and purchase of Malay reserve land
KUALA LUMPUR (Sept 18): The government should establish a Land Tribunal to regulate the sale and purchase of land, especially Malay reserve land, according to Dewan Negara president Tan Sri Abu Zahar Ujang (pictured).
DONE DEAL: Reed @ Lake Fields, Sungai Besi
Rented for: RM3,400 per month Concluded by: C N Liew of GS Realty (014-2270307) When: June, 2015 Noteworthy: * 1,920 sq ft land area * 3,300 sq ft built-up * Current asking price is RM1.
Glomac sees flattish 1Q profit amid soft property market
KUALA LUMPUR (Sept 17): Glomac Bhd’s net profit for the first quarter ended July 31, 2015 (1QFY16) came in almost flat at RM21.
Old Town restored to rightful place in history of Ipoh
IPOH (Sept 17): Ipoh Old Town is well on its way towards becoming a historical and multi-cultural enclave, thanks to the enthusiastic restoration of heritage buildings by property owners and traders in the section of the city.
Bid for LRT3 project met Prasarana criteria, says MRCB chief
KUALA LUMPUR (Sept 17): The tender awarded to Malaysian Resources Corporation Berhad (MRCB) and George Kent (M) Bhd for the Light Rail Transit 3 (LRT3) project is within the price range established by the project owner, Prasarana Malaysia Bhd.
Widened roads to ease traffic flow in Taman Desa
KUALA LUMPUR (Sept 15): Traffic congestion in Taman Desa, Kuala Lumpur, is expected to ease with the widening of three roads, Jalan Desa Bakti, Jalan Desa Utama and Jalan Desa Mesra.
KLCC REIT trading at premium with yields at 1%
KLCC Real Estate Investment Trust (REIT) (Sept 14, RM7.
Nexgram’s consultant fee raises eyebrows
PETALING JAYA (Sept 14): Nexgram Holdings Bhd has incurred a consultant fee of RM46.
11 shophouses to regain pre-war beauty in Pulau Tikus
GEORGE TOWN (Sept 14): Eleven pre-war shophouses in Pulau Tikus, Penang, are set to relive their heyday in the 1920s with the restoration of their good looks and identity at the end of the year.
