KAJANG (June 25): Keretapi Tanah Melayu Bhd's (KTMB) RM6 billion property development projects planned on three parcels of land at the Klang, Shah Alam and Bangi KTM stations were delayed due to the longer-than-expected tendering process between KTMB and Railway Assets Corp (RAC), said KTMB CEO Mohd Rani Hisham Samsudin.
SHAH ALAM (June 21): Residents of Bukit Bayu in Section 10, Shah Alam are trying to halt a potential development in an estimated five to six hectares (12 to 15 acres) of forested area in Bukit Cerakah.
PETALING JAYA (JUNE 4): Indonesia commercial property developer Mulia Group, who owns 49% of the Exchange 106 office building at Tun Razak Exchange (TRX) in Kuala Lumpur, is seeking guidance from the new Malaysian government on the project.
KUALA LUMPUR (May 23): Hua Yang Bhd’s net profit for the fourth financial quarter ended March 31, 2018 (4QFY18) shrank 68% to RM3.
PETALING JAYA (May 17): Although the imposition of the zero-rated Goods and Service Tax (GST) came earlier than expected, Maybank Investment Bank views the latest announcement by the new Pakatan Harapan (Pakatan) led government as a positive move which could spur the earnings growth of the property development industry.
KUALA LUMPUR (April 9): Symphony Life Bhd (SymLife) has proposed to undertake a one-for-one rights issue to raise up to RM146.
KUALA LUMPUR (April 4): Tien Wah Press Holdings Bhd is seeking shareholders' approval to provide financial assistance of up to RM250 million to a joint venture company (JVco), and to diversify its business into property development and investment.