News about ma

PETALING JAYA (July 2): Consortium Zenith Construction Sdn Bhd’s (CZC) senior executive director Datuk Zarul Ahmad Mohd Zulkifli said the company was duped into paying off two individuals who claimed to have high-level connections within the authorities, reported the Malay Mail.

KUALA LUMPUR (July 2): Developer Titijaya Land Bhd may have achieved a marginally stronger performance in its first nine months of the 2018 financial year (FY18), but the group is not expecting its earnings to improve by much for the full year, due to the prevailing weak buying sentiment, according to deputy group managing director Lim Poh Yit.

  PETALING JAYA (July 1): An architect with a government-linked company (GLC) has been remanded for five days to assist in investigations into the awarding of tenders for RM300 million worth of construction projects, reported Bernama.

  PETALING JAYA (June 30): Malaysia Rail Link Sdn Bhd (MRL), the owner of the East Coast Rail Link (ECRL) project, would not have signed the papers for the project out of its own volition, sources told The Star.

PETALING JAYA (June 30): Former Permodalan Nasional Bhd (PNB) group chairman Tan Sri Abdul Wahid Omar will take a “short break” to spend time with his family after 17 years of working in government-linked companies (GLC).

PETALING JAYA (Jue 30): The CEO of a government-linked company (GLC) who was remanded on Thursday (June 28) by the Malaysian Anti-Corruption Commission (MACC) over allegations of abuse of power involving construction projects valued at RM300 million was freed by the Magistrate’s Court at Putrajaya today, reported Bernama.

Slowdown or not, there are still multi-million ringgit deals to be made and last year saw its fair share of real estate transactions of above RM10 million each.

PETALING JAYA (June 29): Close to half of the Small Office Home Office (Soho) units or 1,430 units of  2,912 units launched in Kuala Lumpur that  are under construction, remain unsold in 1Q2018.

PETALING JAYA (June 29): The occupancy rate for purpose-built office buildings in the country dipped slightly in the first quarter of 2018 (1Q2018) to 77.

KUALA LUMPUR (June 29): Permodalan Nasional Bhd (PNB), the investment arm of Yayasan Pelaburan Bumiputera (YPB), has confirmed that its group chairman Tan Sri Abdul Wahid Omar will be leaving, with effect from June 30, 2018.