Analysts see possible minor reviews, delay in MRT3 awards and tenders to late 1H2023
Post election, it noted, there are uncertainties over the timing of mega infrastructure rerating catalysts.
Majuperak to dispose of 134.2ha land to Perak Agro Corporation for RM9.53m as debt settlement
The group said that the land, located in the Mukim Sungai Tinggi District of Larut & Matang, is currently charged to Perak Agro Corporation Sdn Bhd as security to the loan owed by Majuperak.
Paragon Union to sell Cheras industrial land to D’nonce Technology for RM17.5 mil
Paragon Union said the disposal provides an opportunity for the group to unlock and realise the value of the property, which it expects to record a net pro forma gain of RM11.
Purchasers go to court in bid to oppose Empire Remix corporate voluntary arrangement
Ranjan Chandran, the lawyer for the 36 buyers who are seeking to be interveners to oppose the CVA, submitted on Wednesday (Jan 4) that the CVA was usually intended for ailing companies and not for abandoned developments.
Promotions at Knight Frank Malaysia: Keith HY Ooi is group managing director; Sarkunan Subramaniam made group executive chairman
Move “is part of the company’s succession plan and is in line with its growth strategy, after commemorating its 20th anniversary last year”.
Gamuda buys RM360m Rawang land for mixed development with RM3.3b GDV
"We anticipate a greater uptake for our future products with the upcoming retail, leisure and commercial properties in the next two years to tailor for the burgeoning market in this area.
Matta slams calls to ban China travellers as 'irrational and irresponsible'
Matta president Datuk Tan Kok Liang: Since the re-opening of our borders in early 2022, our country has been making steady, positive progress towards recovery and any knee-jerk reaction to re-introduce restrictions without proper planning risks undoing all that we have achieved.
MIID: Check legitimacy of interior designers, contractors before renovation
A lot of the companies are not registered with respective governing bodies while some misuse other designer's portfolio and claim that it belongs to them, while “some make ridiculous offers that are beyond the normal standards of practice”.
Time to make ‘strata titles with vacant possessions’ a reality
This issue of “vacant possession simultaneously with strata titles” has somehow been delayed these last few years since its inception because of some alleged technical problems.
Economists expect more OPR hikes up to 3.25% in 2023
Moody’s expects the local economy to slow in 2023 given external demand for its manufactured goods has weakened, mainly due to the slowing Chinese economy KUALA LUMPUR (Dec 30): Economists expect more overnight policy rate (OPR) hikes to combat inflationary pressures in 2023, with CGS-CIMB expecting two more 25-basis-point increases to 3.
