Batu Kawan 3Q earnings up 32% on higher contribution from all divisions except plantations
KUALA LUMPUR (Aug 15): Plantations conglomerate Batu Kawan Bhd has reported a 31.
KLK 3Q profit rises 25.9% on property, manufacturing ops
KUALA LUMPUR (Aug 15): Kuala Lumpur Kepong Bhd’s (KLK) net profit for the third financial quarter ended June 30, 2018 (3QFY18) jumped 25.
No permanent ownership status for new villages, says Perak MB
KUALA LUMPUR (Aug 14): The Perak government is not allowed to grant 99-year lease or permanent (freehold) ownership status to new villages, Menteri Besar Ahmad Faizal Azumu said yesterday.
Family scammed out of over RM620,000 in affordable housing racket
KEPONG (Aug 13): A family of three were scammed out of more than RM620,000 by a syndicate claiming to be able to assist them in buying three semi-detached houses developed by Selangor State Development Corp (PKNS).
No SST for construction services and building material costs
PETALING JAYA (Aug 12): Finance Minister Lim Guan Eng has announced that building materials and construction services will be exempt from the Sales and Services Tax (SST) which will come into force in September.
Sime Darby Property invites bids for two prime parcels
KUALA LUMPUR (Aug 11): Sime Darby Property is inviting bids for two prime parcels of land in Kuala Lumpur and Penang island, The Edge Malaysia reported in its Aug 13 issue.
NWP aborts RM745m housing contract due to lack of progress
KUALA LUMPUR (Aug 10): NWP Holdings Bhd said today it has decided to abort a RM744.
Compensation for TTDI project should come from landowner
PETALING JAYA (Aug 9): Yayasan Wilayah Persekutuan (YWP), and not Dewan Bandaraya Kuala Lumpur (DBKL), should compensate the developer of a high-rise, high-density residential development coming up on Taman Rimba Kiara (TRK) as the former is the owner of the land, said Kuala Lumpur mayor Tan Sri Mohd Amin Nordin Abd Aziz.
Gamuda, KPS accept takeover offer for SPLASH
KUALA LUMPUR (Aug 10): Gamuda Bhd and Kumpulan Perangsang Selangor Bhd (KPS) announced yesterday that they have resolved to accept the state government’s offer for Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (SPLASH), confirming a report by The Edge Financial Daily published on Monday.
Perak govt seeks to bring down property prices
PETALING JAYA (Aug 9): The Perak state government is looking at ways to bring down property prices in the state, reported The Star.
