MQREIT sees 4.48% traded off-market
KUALA LUMPUR (Aug 21): MRCB-Quill REIT (MQREIT) saw 48 million of its units cross off-market today.
E&O posts lower 1Q net profit as forex, JV losses weigh
KUALA LUMPUR (Aug 21): Eastern and Oriental Bhd (E&O)’s net profit for the first quarter of its financial year 2019 (1QFY19) fell 34% from a year ago, despite a 15% rise in revenue, as it was impacted by unrealised foreign exchange losses and losses from joint ventures (JVs).
MB World's 2Q earnings more than triples as revenue doubles
KUALA LUMPUR (Aug 20): MB World Group Bhd saw its net profit for the second quarter ended June 30, 2018 (2QFY18) rose to RM22.
Perak theme park to blossom after termination of DreamWorks licence agreement
KUALA LUMPUR (August 20): Menteri Besar Ahmad Faizal Azumu lauded the termination of the licence agreement between the Movie Animation Park Studios (MAPS) in Perak and DreamWorks Animation LLC, as all rides and attractions in the theme park can be opened to visitors now.
Up to govt whether findings be made public, says CEP chairman
KUALA LUMPUR (Aug 20): The Council of Eminent Persons (CEP) said it is the Government's prerogative on whether or not to share the council’s recommendations on economic and institutional reforms that it concluded yesterday.
Daim to meet PM on CEP’s future
KUALA LUMPUR (Aug 20): Council of Eminent Persons (CEP) chairman Tun Daim Zainuddin does not discount the possibility of the council’s service being extended by the government as it reached its 100th day of establishment yesterday.
Daim: CEP will submit recommendation report to PM tomorrow
KUALA LUMPUR (Aug 20): The five-man Council of Eminent Persons (CEP), which has completed its 100-day mandate to assist the Pakatan Harapan government in fulfilling its election promises, has prepared a comprehensive report on its recommendations to be sent to Prime Minister Tun Dr Mahathir Mohamad upon his expected return tomorrow after a five-day visit to China, said CEP chairman Tun Daim Zainuddin.
Former Perak MB Nizar: I was able to issue freehold titles without problem
KUALA LUMPUR (Aug 19): Former Perak Menteri Besar Datuk Seri Mohammad Nizar Jamaluddin said he was able to issue freehold titles to villages when he led the state government.
Developer cashflow squeezed by longer retention sum period for defect and liability repairs
PETALING JAYA (Aug 16): A 2015 amendment to the Housing Development (Control & Licensing) Act (HDA) in 2015 aimed at protecting home buyers is further strangling the cashflow of property developers whose sales are already slow, reported The Edge Malaysia.
LBS officially launches third phase of Alam Perdana
IJOK (Aug 18): LBS Bina Group Bhd today official launched the third phase of its latest township project – Alam Perdana in Ijok.
