Gamuda targets RM6b to RM8b orderbook replenishment in FY18
SHAH ALAM (Dec 7): Gamuda Bhd has targeted to replenish its construction orderbook by between RM6 billion and RM8 billion for its financial year ending July 31, 2018 (FY18).
Contactors may see supply chain overstretched in coming years — Gamuda CEO
SHAH ALAM (Dec 7): Local contractors may face cost pressures from a tightening supply chain in the years to come, according to Gamuda Bhd group managing director Datuk Lin Yun Ling.
PNB sells Brisbane office building for A$370m
KUALA LUMPUR (Dec 7): Permodalan Nasional Bhd (PNB) has sold Santos Place, a prime-grade office building at 32 Turbot Street, Brisbane, Australia for A$370 million (RM1.
Cahya Mata seen to benefit from mega infrastructure projects
Cahya Mata Sarawak Bhd (Dec 6, RM3.
Third time lucky for MPCorp in auction of Wisma MPL?
KUALA LUMPUR (Dec 6): After two failed attempts, Malaysia Pacific Corp Bhd (MPCorp) will see one of its prime properties, Wisma MPL on Jalan Raja Chulan here, go under the hammer again.
Nexgram, Seychelles firm abort plan to jointly develop Cyberjaya project
KUALA LUMPUR (Dec 6): Nexgram Holdings Bhd has aborted its plan to jointly develop the Angkasa Icon City mixed commercial project in Cyberjaya, Selangor with Seychelles company China Asian Capital Holding Ltd (CACH).
New access road to Emerald Rawang opens
PETALING JAYA (Dec 6): A new access road that runs through Emerald East and Emerald West precincts of Emerald Rawang township in Rawang, Selangor has been completed.
Scientex 1Q net profit up 39.1% to RM72.4m, declares 10 sen dividend
KUALA LUMPUR (Dec 6): Scientex Bhd net profit for the first quarter ended Oct 31, 2017 (1QFY18) rose 39.
‘Share buy-back possible as YTL Corp hovers near 8-year low’
KUALA LUMPUR (Dec 6): YTL Corp Bhd managing director (MD) Tan Sri Dr Francis Yeoh, who witnessed the signing of agreements yesterday between its hospitality arm and US-based Marriott International Inc to build two new luxury hotels here, said he was unsure why the conglomerate’s share price was hovering near its eight-year low.
Putrajaya to set up ministry-level committee for luxury property construction appeals
PETALING JAYA (Dec 6): A ministry-level committee will be set up to review appeals by developers to build luxury properties priced from RM1 million in selected locations across major cities, said Urban Wellbeing, Housing and Local Government Minister Noh Omar.
