Malaysian corruption allegedly spreads to Canadian real estate
KUALA LUMPUR (Sept 21): Sarawak governor Tun Abdul Taib Mahmud and his family have been accused of using proceeds of corruption into real estate in Canada, Bloomberg reported today.
KUALA LUMPUR (Sept 21): Sarawak governor Tun Abdul Taib Mahmud and his family have been accused of using proceeds of corruption into real estate in Canada, Bloomberg reported today.
Malaysian Resources Corp Bhd (Sept 20, RM1.
KUALA LUMPUR (Sept 20): Boutique property developer, Trinity Group Sdn Bhd, has achieved a 100% take-up rate for the first phase of Trinity Lemanja (West Wing) comprising 294 units with sales of RM160 million within one month of its launch, Bernama reported today.
KUALA LUMPUR (Sept 20): Econpile Holdings Bhd has secured an RM18 million contract for the Pavilion Damansara Heights Phase 2 mixed development project.
PETALING JAYA (Sept 20): Most developers are pessimistic on future sales performance, with 76% out of 153 respondents anticipating that their sales will be below 50% in 2H2017 and 1H2018, according to a survey by the Real Estate Housing Developers Association (Rehda) titled “Property industry survey 1H17 and market outlook for 2H17/1H18” in Peninsula Malaysia.
PETALING JAYA (Sept 20): To embrace the current challenging market conditions, more developers are assisting buyers with the 10% downpayment and are lower selling prices to boost sales, according to a recent survey by the Real Estate and Housing Developers’ Association Malaysia (Rehda).
KUALA LUMPUR (Sept 20): Scientex Bhd shares rose 3.
KUALA LUMPUR (Sept 20): Eastern & Oriental Bhd (E&O) has put five other non-core assets up for sale, following the successful disposal of its Lone Pine Hotel in Penang and soon a piece of land in the Kuala Lumpur city centre.
KUALA LUMPUR (Sept 20): Malaysian Resources Corp Bhd (MRCB) announced it had secured two infrastructure construction jobs for a total contract sum of RM204.
KUALA LUMPUR (Sept 20): WCT Holdings Bhd has been awarded a RM199.