GDB targets RM1b turnover in five years

KUALA LUMPUR (Nov 11): Construction company GDB Holdings Bhd, which made its debut on the ACE Market of Bursa Malaysia a year and a half ago, is aiming to achieve a turnover of RM1 billion in the next five years.

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Rehda: Have a more equitable formula to calculate share units in mixed developments

PETALING JAYA (Nov 8): The Real Estate & Housing Developers’ Association Malaysia (Rehda) has urged the government to amend the relevant Acts and Regulations to provide the Land and Mines Office (PTG) with the power to approve a comprehensive and more “equitable” formula and weightage factors to calculate share units for the different components of a mixed development.

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