Gamuda’s 3Q net profit falls 4.8%, pays six sen dividend
KUALA LUMPUR (June 30): Gamuda Bhd’s net profit for the third quarter ended April 30, 2016 fell 4.
Penang rebuts claim it owes CZBUCG RM100m in feasibility studies fees
GEORGE TOWN (June 30): The Penang government yesterday rebutted Consortium Zenith BUCG Sdn Bhd’s (CZBUCG) claim that the latter has yet to receive RM100 million as payment for the feasibility studies and detailed design work the consortium had completed so far for the RM6.
Bina Puri expects order book, earnings to pick up from 2Q
KUALA LUMPUR (June 29): Bina Puri Holdings Bhd, whose net profit slumped 34.
Eco Horizon to buy land from BKDSB for RM681.99 mil
KUALA LUMPUR (June 28): Eco Horizon Sdn Bhd signed a conditional sale and purchase agreement with Batu Kawan Development Sdn Bhd (BKDSB) to acquire a piece of land in Seberang Perai, Penang, for RM681.
JAKS Resources aims to sell Evolve Concept Mall within a year
KUALA LUMPUR (June 28): JAKS Resources Bhd aims to divest the newly opened Evolve Concept Mall near Ara Damansara, Selangor, within a year to further enhance its financial position.
PROPERTY SNAPSHOT 2: What’s affordable in Taman Desa?
• Taman Desa is an affluent and established neighbourhood.
Noh Omar is new Urban Wellbeing, Housing and Local Government Minister
PETALING JAYA (June 27): Former Agriculture and Agro-based Industry Minister Tan Sri Noh Omar is now the Minister of Urban Wellbeing, Housing and Local Government following a cabinet reshuffle today.
MMC-Gamuda faces RM300m suit over alleged contract breach
KUALA LUMPUR (June 27): MMC Corporation Bhd and its partner in the Klang Valley Mass Rapid Transit (KVMRT) project are being sued for over RM300 million for an alleged breach of contract relating to a land acquisition for the project.
Increasing affluence in a good neighbourhood
DEVELOPED by Land & General Bhd back in the 1990s, Bandar Sri Damansara is becoming increasingly affluent.
Talking points: Design news from around the world
Inspired expression In a beautiful showcase of synergy, Fondation Louis Vuitton is exemplifying its commitment to contemporary creation and innovative architectural expressions with a temporary installation by Daniel Buren.
