MRT Corp awards RM2.74b contracts to Gadang, SunCon, TRC and Acre Works
KUALA LUMPUR (March 10): Mass Rapid Transit Corp Sdn Bhd (MRT Corp) has awarded work packages worth a total of RM2.
Country Garden: Closure of Forest City sales galleries in China not because of capital outflow controls
PETALING JAYA (March 10): Hong Kong-listed Country Garden Holdings Co Ltd has denied that the closure of Forest City’s sales galleries in China was due to the government’s capital control policy.
Wing Tai set to take off on back of FY18 earnings recovery
SINGAPORE (March 10): CIMB is upgrading Wing Tai Holdings to “add” with a higher target price of S$2.
DONE DEAL: Second storey of a three-storey shoplot at Quartermile, Bayan Baru, Penang
Rented for: RM2,700 a month Concluded by: Mayzel Wong (REN 17359) of Khoo & Associates Realty (017-575 8999) When: November 2016 Noteworthy: ● Leasehold ● 1,500 sq ft floor space ● Nearby amenities such as F&B outlets, children’s learning centre, food court and morning market ● About 16km from George Town, 5km from Penang International Airport and 8km from the Penang Bridge The intermediate unit is located at Quartermile, a leasehold commercial development located in Bayan Baru, Penang.
UMLand J-Biotech Park to attract foreign investors to Johor Halal Park
PETALING JAYA (March 9): UMLand J-Biotech Park Sdn Bhd (UJP), a joint venture between United Malayan Land Bhd (UMLand) and the Johor state government, signed a memorandum of understanding (MoU) with The Cosmetic & Perfumery Association of Hong Kong Ltd and Persatuan Anggun Menawan Malaysia to bring in potential investors from Hong Kong, Macau and China to Johor Halal Park (JHP) in Pasir Gudang, Johor.
Tiong Nam’s e-commerce venture has great potential
Tiong Nam Logistics Holdings Bhd (March 8, RM1.
Rising household debt a concern across Asia
GOVERNMENT officials, policymakers, economists, bankers and experts gathered here for the Second Annual Asean Consumer and Household Debt Conference on Feb 22 and 23.
