News about ra

GUANGDONG Debao Land Co Ltd, a property development company based in Guangdong, China, plans to invest in the long abandoned Plaza Rakyat project in Jalan Pudu.

This is the third in a series of four snapshots on Shah Alam.

KUALA LUMPUR (Nov 3): Malaysian Resources Corp Bhd (MRCB) has dismissed concerns that the mega projects it is undertaking soon, particularly the rejuvenation of Bukit Jalil National Sports Complex, will strain its cash flow or spike its debt level of 1.

US-based Turner International LLC, with over US$40 million (RM170.

GEORGE TOWN (Nov 3): The Penang government has set up a sub-committee to execute the decisions of the State Commission of Enquiry into the 2013 Second Penang Bridge and Menara Umno disasters.

Property sector Maintain overweight with buy calls on Mah Sing Group Bhd, Malaysian Resources Corp Bhd, Eastern & Oriental Bhd and Titijaya Land Bhd: The Edge weekly reported that the federal government is considering a proposal by the Real Estate and Housing Developers’ Association Malaysia (Rehda) to relax lending guidelines to boost first-home ownership.

THE number of sustainable and green developments in Malaysia has been increasing over the past few years.

  MALAYSIA: OVERALL RESIDENTIAL PROPERTY MARKET There was an overall contraction of the Malaysian residential property market in the first half of this year (1Q2015) compared with 1Q2014, according to figures released by the National Property Information Centre (Napic).

GEORGE TOWN (Nov 2): The fatal Second Penang Bridge scaffold collapse and the Menara Umno fin wall collapse in June 2013 could and should had been prevented if “gross human errors were not committed”, said a Penang Commission of Inquiry report on the two incidents.

Maintain hold with an unchanged target price (TP) of RM1.