Bina Puri mulls raising fund
KUALA LUMPUR (June 22): Bina Puri Holdings Bhd is considering making a cash call from investors via a rights issue to reduce its gearing to as low as 1.
Glomac 4Q net profit shrinks 94.36%
KUALA LUMPUR (June 22): A loss in “other operating income” has dragged Glomac Bhd’s fourth-quarter net profit down 94.
Bandar Malaysia's RFP to be issued this week, says Irwan Serigar
SUBANG (June 21): Bandar Malaysia Sdn Bhd chairman Tan Sri Dr Mohd Irwan Serigar Abdullah said the request for proposal (RFP) for the RM12.
PR1MA to raise RM5 bil to sustain 89 housing projects
PUTRAJAYA (June 21): Perbadanan PR1MA Malaysia (PR1MA), the single largest affordable housing developer in Malaysia, is planning to raise RM5 billion to support 89 of its executed projects nationwide, comprising 89,449 units of homes.
Ekovest gets govt approval for Kuala Lumpur River City
KUALA LUMPUR (June 21): Ekovest Bhd had today received the approval-in-principle for the planned "Kuala Lumpur River City" development from the Malaysian Government.
18,000 buildings in KL could be at risk of fires
PETALING JAYA (June 21): In view of the recent tragic Grenfell Tower fire in North Kensington in London, the Malaysian Institute of Architects (PAM) has urged building owners in Malaysia to inspect their buildings’ fire safety features.
Becoming Singapore’s No 1 realtor
ON June 12, PropNex Realty announced a merger with Dennis Wee Group (DWG), which could result in a combined sales force of close to 7,000 agents.
PM Najib: Bukit Bintang City Centre 'significant national-level development'
KUALA LUMPUR (June 20): Prime Minister Datuk Seri Najib Tun Razak described the planned Bukit Bintang City Centre (BBCC) here as a "significant national-level development" due to its ability to attract foreign investments into Malaysia.
Government to double PPA1M houses to 200,000
PUTRAJAYA (June 20): The government has decided to build 200,000 units of houses under the 1Malaysia Civil Servants Housing (PPA1M) programme, double the number originally targeted.
Taman Tugu project well under way, says Khazanah
KUALA LUMPUR (June 20): The RM650 million Taman Tugu project in the federal capital led by Khazanah Nasional Bhd is well under way, according to a status update document on the project released yesterday.
