YFG active, surges 33% on bagging PR1MA sub-contract
KUALA LUMPUR (Feb 17): YFG Bhd surged 33.
YFG bags RM245 mil PR1MA project
KUALA LUMPUR (Feb 17): YFG Bhd has bagged a RM245 million contract for subcontract works involving construction of 1Malaysia People’s Housing Programme (PR1MA) houses in Pedas, Rembau, Negeri Sembilan.
Cloudy outlook for malls
PETALING JAYA (Feb 17): The outlook for the retail sector is expected to remain flattish this year due to multiple negative factors, said Savills (M) Sdn Bhd managing director Allan Soo.
Bina Darulaman group MD’s contract extended by two years
KUALA LUMPUR (Feb 16): Bina Darulaman Bhd’s group managing director Datuk Izham Yusoff’s contract has been extended by another two years, effective from this month.
Amprop acquires maiden residential development site in Madrid, Spain
PETALING JAYA (Feb 16): Amcorp Properties Bhd (Amprop) has secured its maiden residential development site in Madrid, Spain with joint-venture (JV) partner Grosvenor Europe.
Malaysia, Singapore award high-speed rail joint development partner contract
KUALA LUMPUR (Feb 16): The Malaysian and Singapore governments have awarded the joint development partner (JDP) contract for the planned Kuala Lumpur-Singapore High Speed Rail (HSR) project to a consortium comprising WSP Engineering Malaysia Sdn Bhd, Mott MacDonald Malaysia Sdn Bhd, and Ernst & Young Advisory Services Sdn Bhd.
Rahim & Co: Property market expected to improve in 12 to 18 months
KUALA LUMPUR (Feb 16): Property consultancy firm Rahim & Co said it expects the Malaysian property market to recover within the next year or so, as the decline in property transactions is seen to be slowing down.
Wong Engineering to diversify into construction, property development
KUALA LUMPUR (Feb 16): Wong Engineering Corp Bhd, a manufacturer of high precision metal parts, plans to develop new sources of revenue by diversifying into the construction, property development and trading of construction materials.
‘PR1MA scheme has minimal impact on banks’
Banking sector Maintain neutral: On Tuesday, Perumahan Rakyat 1Malaysia (PR1MA) announced that the Special PR1MA End-Financing Scheme for first-time house buyers announced in Budget 2017 will benefit at least 15,000 buyers.
