O&C to buy Petaling Jaya land from Tropicana for RM24.59m
KUALA LUMPUR (Nov 8): O&C Resources Bhd is purchasing 4,101 square feet or 1.
MBSB expected to tap into new financial services
Malaysia Building Society Bhd (Nov 7, RM1.
ML Global bags RM270.5m housing development jobs
KUALA LUMPUR (Nov 8): ML Global Bhd has secured two housing development projects totalling RM270.
Nearly RM220m in govt funds used to recover abandoned home projects
KUALA LUMPUR (Nov 7): A total of 253 abandoned private housing projects, comprising 64,290 units, were reported in Peninsular Malaysia between January 2009 and Oct 11 this year, said the Ministry of Urban Wellbeing, Housing and Local Government.
Fern phase 2 at Meridin East to launch this weekend
JOHOR BAHRU (Nov 7): Mah Sing Group Bhd is launching phase two of Fern at its Meridin East township in Johor Bahru this weekend (Nov 11 and 12).
Analysts mixed on MRT3 tender call, suggest foreign player to take up leading turnkey role
KUALA LUMPUR (Nov 7): Analysts have expressed mixed views on the proposal by Mass Rapid Transit Corp Sdn Bhd (MRT Corp) to call and invite construction and infrastructure firms to submit for a bid to build, on a turnkey basis, and finance the upcoming third mass rapid transit line (MRT3), estimated to cost around RM40 billion.
Naim Indah ceases to be project management consultant for Gateway Klang Project
KUALA LUMPUR (Nov 7): Naim Indah Corp Bhd has ceased to be the project management consultant for Lagenda Erajuta Sdn Bhd’s Gateway Klang Project, due to a delay by Lagenda in obtaining approval for the land transfer and a change in the land usage status.
Perfect Eagle partners REAL Education Group to set up preschool centre at O2 Residence
PETALING JAYA (Nov 7): Perfect Eagle Development Sdn Bhd has signed an agreement with REAL Education Group last Friday (Nov 3) to open a REAL Kids preschool centre at its O2 Residence development in Puchong South, Selangor.
RM200m losses seen, as SMEs badly hit by Penang floods
KUALA LUMPUR: While most Penang-based listed companies are little affected by the state’s worst-ever floods, a significant number of small and medium enterprises (SMEs) appear to have been badly hit, with an industry group estimating losses at about RM200 million.
Both chairman and deputy of Nexgram quit
KUALA LUMPUR (Nov 7): Nexgram Bhd saw the the resignation of two of its board members, namely its chairman Datuk Sri Wira Ayub Haji Yaakob and deputy chairman Tuan Haji Norzain Abdul Wahab, yesterday.
