IWCity active, up 3.79% on takeover notice from Ekovest
KUALA LUMPUR (Dec 19): Iskandar Waterfront City Bhd (IWCity) shares rose 3.
Ekovest serves takeover notice on Iskandar Waterfront City
KUALA LUMPUR (Dec 19): Ekovest Bhd has issued a takeover notice to buy a 62% stake in Iskandar Waterfront City Bhd (IWCity) at RM1.
Rapid rise in house prices since 2008 could cause future instability, says World Bank
PETALING JAYA (Dec 19): The rapid rise of Malaysia’s real housing prices since 2008 could be a source of future instability, the World Bank said in a recent report.
Econpile secures RM32.8m piling contract
KUALA LUMPUR (Dec 18): Econpile Holdings Bhd has secured a RM32.
Weaker KL prime office market ahead, says Knight Frank
PETALING JAYA (Dec 18): The prime office market in Kuala Lumpur is forecast to be weaker for the next 12 months, according to Knight Frank’s Asia Pacific Prime Office Rental Index 3Q17.
Forest City sets up sales gallery in Kuala Lumpur
KUALA LUMPUR (Dec 16): Country Garden Pacificview Sdn Bhd has opened a new sales gallery for its Forest City development at UBN Tower here to strengthen the developer’s presence in the international market.
Bertam Alliance buys land in Sabah for condo project with RM155m GDV
KUALA LUMPUR (Dec 15): Bertam Alliance Bhd is buying 1.
Scientex to buy Pulai land for mixed property development
KUALA LUMPUR (Dec 15): Scientex Bhd is buying a 335.
Sunway sets up RM5b sukuk programme
KUALA LUMPUR (Dec 15): Sunway Bhd will set up a RM5 billion perpetual Islamic medium term note (IMTN) programme to finance its investment activities, capital expenditure and for working capital.
Government will not bail out developers in trouble
PETALING JAYA (Dec 15): The government will not bail out property developers, especially those who fail to sell their high-end projects and get into financial problems, said Finance Minister II Datuk Seri Johari Abdul Ghani.
