Ewein buys 3.9ha land in Seberang Perai for RM39.8m
“The board is optimistic that the demand for industrial properties is bright and will be contributing towards the profitability of Ewein.
MBSB to dispose of non-financial units, non-performing conventional loans to SPV
After the transfer, MBSB will dispose of its five subsidiaries to Emerald Unity, namely MBSB Development Sdn Bhd, Prudent Legacy Sdn Bhd (in liquidation), MBSB Properties Sdn Bhd, 88 Legacy Sdn Bhd, and Definite Pure Sdn Bhd for RM2 each.
UEM Sunrise shares hit four-year high in active trading
The counter has risen more than 231% this year, on sentiment play amid an inflow of positive news for projects in Johor, in particular near the Iskandar region, where UEM Sunrise’s portfolio is mostly located.
The REAL deal: Total rethink on PR1MA needed
PR1MA must be held accountable for all its decisions.
Rapid Synergy sells properties in Perak for RM7 mil gain
The parcel of land comes together with a one-storey commercial shopping complex and a one-storey temporary building comprising a futsal court and a commercial lot.
UEM Sunrise: Land deal with Melati Ehsan beneficial as we can monetise asset while keeping control of development rights
The RM85 million proceeds from the disposal will be used for working capital by its subsidiary Mega Legacy (M) Sdn Bhd (MLSB), which will be given the rights to develop the land.
Tropicana completes RM2.5m renewal of R&R centre in Langkawi
The initiative saw the upgrading of existing facilities including eight commercial lots, enhanced washroom and surau facilities, and the allocation of more than 70 parking bays for cars, motorcycles and bicycles, to cater for the needs of travellers and visitors and in support of Langkawi’s tourism segment.
CIDB leads delegation of 21 Malaysian companies at Construction Indonesia 2023
The building and engineering products and services promoted include the industrialised building system (IBS), building information modelling (BIM), formwork system, advanced building materials, equipment and machinery and other related construction technologies.
Kenanga keeps ‘overweight’ call on building material sector after 2Q2023 results
Kenanga is positive on the aluminum sector due to the stable price of the commodity and demand for cable support systems in the near term, but the same cannot be said for the steel sector amid the sluggish property sector, according to its sector note on Thursday KUALA LUMPUR (Sept 14): Kenanga Research kept its “overweight” call on the building material sector after industry players logged slightly improved earnings for the second quarter of 2023 (2QCY2023).
Teo Seng Kian appointed as Ecofirst exec director, ceases to be alternate director
He is brother to Datuk Dr Teoh Seng Foo, who is the president and executive director of the company; and is also the brother of Teoh Seng Aun, who is the director of Ecofirst’s major subsidiaries, as well as a substantial shareholder.
