Lim Kang Hoo suffers setback in IWH-IWCity merger
KUALA LUMPUR (Nov 1): Tycoon Tan Sri Lim Kang Hoo has suffered a setback with his plan to merge Iskandar Waterfront Holdings Sdn Bhd (IWH) with its 38.
Former JCorp CEO Muhammad Ali passes away at 70
KUALA LUMPUR (Oct 31): Former Johor Corp (JCorp) president and chief executive officer (CEO) Tan Sri Muhammad Ali Hashim has passed away at the age of 70, according to a Bernama report.
EcoFirst 1Q18 earnings more than doubles on higher Ipoh property sales
KUALA LUMPUR (Oct 31): EcoFirst Consolidated Bhd’s first quarter ended Aug 31, 2017 (1QFY18) saw net profit risen 170.
Trading halt fuels talk of restructuring by tycoon
KUALA LUMPUR (Oct 31): Two companies that are substantially owned by tycoon Tan Sri Lim Kang Hoo called for a trading halt yesterday, sparking speculation that the tycoon may be about to restructure his real estate holdings.
Budget 2018 proposals could spur the market, say economists
PETALING JAYA (Oct 27): Economists and analysts are viewing the housing and construction-related proposals in Budget 2018 positively as they could spur the property market.
PEPS: No measures in Budget 2018 to arrest current property market challenges
KUALA LUMPUR (Oct 27): Budget 2018 has failed to address the challenges faced by the current property industry, said the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) in a statement following the tabling of the budget today.
Think tanks: More could be done to boost property sector
PETALING JAYA (Oct 27): While the measures announced by Prime Minister Datuk Seri Najib Razak in Budget 2018 for the housing sector show that the government is continuously trying to help first-time homebuyers, more could be done, said think tanks.
MBAM had hoped for lower import duties on machinery and IBS incentives in Budget 2018
PETALING JAYA (Oct 27): Master Builders Association Malaysia (MBAM) was hoping for lower import duties for heavy construction machinery and more incentives in Budget 2018 to be disbursed to industry players who use Industrialised Building System (IBS) and Building Information Modelling (BIM), such as equipment tax reduction and tax incentives, it said in a post-budget statement today.
Rail transport to drive connectivity
PETALING JAYA (Oct 27): The government will continue to improve public transport, particularly rail services, to propel connectivity and economic growth, according to the “Economic Report 2017/2018”.
