News about ra

KUALA LUMPUR (Nov 29): Shares in Malaysian Resources Corp Bhd (MRCB) and Gamuda Bhd rose in early trade this morning after the companies collaborated to bid for the role of project delivery partner (PDP) for the Kuala Lumpur to Singapore High Speed Rail (KL-Singapore HSR) project.

KUALA LUMPUR (Nov 29): Malaysian Resources Corp Bhd (MRCB) and Gamuda Bhd have partnered up to bid for the project delivery partner (PDP) of the Kuala Lumpur-Singapore high-speed rail (HSR) project.

KUALA LUMPUR (Nov 28): Ekovest Bhd, controlled by tycoon Tan Sri Lim Kang Hoo, reported a flat net profit for the first financial quarter ended Sept 30, 2017 (1QFY18), as higher sales recognition from its property development projects was offset by lower profits from its construction operations.

PETALING JAYA (Nov 28): The property market is expected to improve after the general elections (GE) are held, said Malaysian Institute of Estate Agents (MIEA) president Eric Lim.

KUALA LUMPUR (Nov 28): Malaysia Building Society Bhd (MBSB) is of the opinion the Malaysian property segment is in “a bit of a glut” — but only in the high-end property segment, echoing sentiment shared by Bank Negara Malaysia (BNM) recently.

  PETALING JAYA (Nov 28): The federal government plans to enact a new law to streamline the management of water in each state next year, said Natural Resources and Environment Minister Wan Junaidi Tuanku Jaafar.

KUALA LUMPUR (Nov 28): LBS Bina Group Bhd's third-quarter net profit rose 26.

KUALA LUMPUR (Nov 27): Sunway Bhd's net profit climbed 5% year-on-year to RM150.

KUALA LUMPUR (Nov 27): Glomac Bhd saw a 92.

PETALING JAYA (Nov 27): A protracted period of property supply overhang may cause a material decline in property prices as market valuation adjusts to reflect lower demand, said Moody’s Investors Service.