Is the worst over for the housing market?
THE early 1990s are known as Malaysia’s golden years.
MRCB close to clinching RM700m DASH contract
PROPERTY and infrastructure developer Malaysian Resources Corp Bhd (MRCB) is close to securing a RM700 million work package for the Damansara-Shah Alam Highway (DASH) project, say sources with knowledge of the matter.
Disposal of Menara Shell allows MRCB to unlock value
Malaysian Resources Corp Bhd July 1 (RM1.
Damansara Realty banking on property unit to return to the black
KUALA LUMPUR (July 4): Many companies may have painted a gloomy outlook for the domestic property sector, but this is the sector Damansara Realty Bhd is focusing on this year in seeking to return to profitability.
Salcon ventures into Australia with planned A$230m residential project
KUALA LUMPUR (July 1): Salcon Bhd is buying a plot of freehold commercial plot in Australia, together with a car park and a two-storey office building erected on it, for A$37.
MRCB sells Menara Shell to MRCB-Quill REIT for RM640m
KUALA LUMPUR (July 1): MRCB-Quill Real Estate Investment Trust (MRCB-Quill REIT) is buying Menara Shell in KL Sentral from Malaysian Resources Corp Bhd (MRCB) for RM640 million.
New LRT line from Putra Heights kicked off today
KUALA LUMPUR (June 30): The Light Rail Transit (LRT) line from Putra Heights to the Kuala Lumpur city centre started operations at 6am today, Bernama reported.
Penang rebuts claim it owes CZBUCG RM100m in feasibility studies fees
GEORGE TOWN (June 30): The Penang government yesterday rebutted Consortium Zenith BUCG Sdn Bhd’s (CZBUCG) claim that the latter has yet to receive RM100 million as payment for the feasibility studies and detailed design work the consortium had completed so far for the RM6.
Mapletree Logistics Trust to acquire Shah Alam warehouse for S$53.2m
SINGAPORE (June 29): The manager of Mapletree Logistics Trust (MLT) is acquiring a warehouse facility in Malaysia at a purchase consideration of RM160 million from its sponsor, Mapletree Investments.
