1MDB coughed up extra US$125m for PSI after Jho Low said Prince Turki 'complained to daddy' King Abdullah
KUALA LUMPUR (Sept 26): 1Malaysia Development Bhd (1MDB) coughed up an extra US$125 million (RM523.
HOC achieves more than RM14b in sales as at Sept 13
PETALING JAYA (Sept 26): The National Home Ownership Campaign (HOC) 2019 is believed to have achieved more than RM14 billion in sales as at Sept 13, according to the Real Estate and Housing Developers’ Association Malaysia (Rehda).
Scientex 4Q net profit jumps 61%, declares 10 sen dividend
KUALA LUMPUR (Sept 26): Scientex Bhd's net profit for the fourth quarter ended July 31, 2019 jumped 61% year-on-year to RM133.
Rehda: End financing issue is top reason for unsold properties
PETALING JAYA (Sept 26): The Real Estate & Housing Developers' Association (Rehda), which represents over 1,000 members across Peninsular Malaysia, says today property developers remain neutral on market prospects for the rest of 2019 although they show more optimism for 2020 as the industry grapples with more unsold units.
Ikhmas Jaya served winding-up petition by Ipmuda for owing RM2.97m
KUALA LUMPUR (Sept 26): Ikhmas Jaya Group Bhd and its wholly-owned unit Ikhmas Jaya Sdn Bhd (IJSB) have been served with a winding-up petition from Ipmuda Bhd for owing RM2.
Shafee: ‘If RM5b IMTN was suspended, Malaysia’s ratings would have been affected’
KUALA LUMPUR (Sept 26): Datuk Seri Najib Razak’s senior counsel said that the suspension of the RM5 billion Islamic medium term notes (IMTN) issuance would have negatively impacted Malaysia’s ratings, which was why the former premier had decided to go on with the issuance.
ECRL subcontract awards expected in 2021, says Affin Hwang Capital
KUALA LUMPUR (Sept 26): Affin Hwang Investment Bank has maintained its “Overweight” call on the construction sector and said it expects tenders for the East Coast Rail Link (ECRL) to be called starting in 4Q19 for local subcontractors to undertake 40% of the civil works (excluding tunnel works).
Widad gets RM120m contract to build new solid waste transfer station in Kepong
KUALA LUMPUR (Sept 26): Widad Group Bhd, formerly known as Ideal Jacobs (Malaysia) Corp Bhd, has secured an RM120.
Vanke Service eyes Malaysia property management industry
SHENZHEN (Sept 26): China's first property management services provider Vanke Service Development Co.
打卡热点：吉隆坡citizenM酒店
坐落于吉隆坡市中心Bukit Bintang的citizenM酒店，最显眼的是大门前的多色块彩色面板。 酒店还精心挑选了15张生动的“吉隆坡公民”画像装饰在大门前，画像上的人们手持代表吉隆坡独特和多元文化景观的各种物品。这些画像是摄影师和艺术总监Jayden Tan的杰作。 citizenM首席执行员Michael Levie形容这里为“适合打卡拍照”的酒店。他向EdgeProp.
