News about ma

Eco World Development Group Bhd (Jan 5, RM1.

PUTRAJAYA (Jan 5): IOI Properties Group Bhd expects the financial year ending June 30, 2016 (FY16) to be a challenging but surmountable financial year for the company, due to the soft property market.

KUALA LUMPUR (Jan 5): Analysts said property developers with land bank in Seremban and Johor would be the main beneficiaries of the proposed 330km high-speed rail (HSR) linking Kuala Lumpur and Singapore.

KUALA LUMPUR: China Railway Group Ltd’s filings with the Hong Kong Stock Exchange has created some confusion over the exact value of 1Malaysia Development Bhd’s (1MDB) sale of a 60% stake in Bandar Malaysia Sdn Bhd, to a 60:40 consortium of Iskandar Waterfront Holdings Sdn Bhd and China Railway Engineering Corp (M) Sdn Bhd (CREC).

PUTRAJAYA (Jan 4): IOI Properties Group Bhd  is targeting to begin construction of Phase 2 of IOI City Mall here before this year end, with an investment of RM500 million.

Pavilion Real Estate Investment Trust (Dec 31, RM1.

This week, we continue to look at developments that link themselves to prominent addresses.

PETALING JAYA (Dec 31): Only about 42% of public projects and 70% of private projects in the country use modern Industrialised Building Systems (IBS) technology, according to the Construction Industry Development Board (CIDB).

KUALA LUMPUR (Dec 31): 1Malaysia Development Bhd (1MDB) is selling 60% of Bandar Malaysia Sdn Bhd to a consortium comprising Iskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway Engineering Corp (M) Sdn Bhd (CREC) for RM7.

KUALA LUMPUR (Dec 31): Analysts say Pavilion Real Estate Investment Trust (Pavilion REIT) is paying a fair price for Intermark Mall here, given that the commercial asset comes with a freehold strata title and is located on the fringe of the Golden Triangle.