PETALING JAYA (June 3): Home electronics and furniture retailer Courts Malaysia will launch its first “next-generation store” in Malaysia at the Courts Megastore in Sri Damansara tomorrow, said the company in a press statement.
KUALA LUMPUR (June 3): Damansara Realty Bhd plans to raise up to RM150 million by issuing redeemable convertible notes to fund its property development activities and for working capital.
KUALA LUMPUR (June 3): Econpile Holdings Bhd has bagged a RM208 million contract to undertake bored piling and pile caps, diaphragm walls and earthworks, as well as foundation and substructure works for a mixed commercial development in Jalan Ampang here.
SINGAPORE (June 2): Frasers Property Australia says construction firm Brookfield Multiplex has been awarded a A$290 million ($290 million) contract to build the DUO in Sydney.
KUALA LUMPUR (June 2): Gabungan AQRS Bhd, which slipped to a net loss of RM9.
KUALA LUMPUR (June 2): Higher costs of funding prompted some banks to raise their base rates (BR) and base lending rates (BLR) recently, the first time since January 2015, when the BLR structure was replaced with a new BR system.
KUALA LUMPUR (June 1): Aset Kayamas Sdn Bhd, a privately held property developer, has obtained a RM425 million bridging loan from Malaysia Building Society Bhd (MBSB) for its Park Hill Residence and 1Malaysia Civil Servants Housing (PPA1M) projects in Bukit Jalil here.
GAMUDA Land’s first Australian project in Melbourne — 661 Chapel St — has recorded a take-up rate of 30% since its launch in Kuala Lumpur in June last year.
SEREMBAN (June 1): Matrix Concepts Holdings Bhd is confident its M.
PETALING JAYA (June 1): Malaysian Resources Corp Bhd (MRCB) has set a RM1 billion sales target for 2016 — a risky bet considering that its 2015 sales only amounted to RM850 million, while the real estate market remains muted.
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