MRCB 2Q revenue almost doubles on stronger engineering and construction contribution
KUALA LUMPUR (Aug 29): Malaysian Resources Corp Bhd’s (MRCB) revenue almost doubled to RM756.
Multi-phase development without subdividing land could be a big issue for property owners
PETALING JAYA (Aug 29): Property buyers of a multi-phase development need to be aware of whether the property they purchased is built on a subdivided land.
Najib: Phase 1 of River of Life project 81% complete
KUALA LUMPUR (Aug 29): The first phase of the government's River of Life project, which aims to improve the water quality of the Klang and Gombak rivers, is now 81% completed, and will be fully completed by 2020, said Prime Minister Datuk Seri Najib Razak on his website yesterday.
PPB Group expects higher revenue from property segment next year
KUALA LUMPUR (Aug 29): PPB Group Bhd expects higher revenue from its property segment in 2018 — thanks to the upcoming mixed development project at the Ming Tien Food Court site at Taman Megah, Petaling Jaya and better occupancy rate for Cheras LeisureMall.
Pasukhas gets RM14 mil claim from contractor for Menara Warisan Merdeka project
KUALA LUMPUR (Aug 29): Pasukhas Group Bhd has been dragged into an arbitration proceeding by the main contractor for the 118-storey Menara Warisan Merdeka project, over an alleged breach of subcontract works worth RM14 million.
Leave granted by KL High Court to TTDI residents to pursue judicial review against DBKL and KL mayor
KUALA LUMPUR (Aug 29): Residents of Taman Tun Dr Ismail (TTDI) has obtained leave from Kuala Lumpur High Court to pursue a judicial review against Dewan Bandaraya Kuala Lumpur (DBKL) and the KL mayor.
Mitrajaya 2Q net profit drops 55% on lower construction contribution
KUALA LUMPUR (Aug 29): Mitrajaya Holdings Bhd’s net profit dropped 55% to RM13.
IOI Properties’ 4Q revenue surges 34% y-o-y, driven mainly by Singapore development
PETALING JAYA (Aug 29): IOI Properties Group Bhd 4Q2017 revenue has registered a 34% year-on-year (y-o-y) jump to RM1.
‘Election projects’ may further inflate govt debt
KUALA LUMPUR (Aug 29): An expected rise in large infrastructure projects and affordable housing ahead of the general election is likely to further raise the government’s already-huge contingent liabilities, said RAM Rating Services Bhd.
Buyers queue for three days at Taman Mutiara Rini’s latest launch
SKUDAI (Aug 29): More than 200 interested purchasers queued up for three days prior to the launch of the latest double-storey terraced houses in Taman Mutiara Rini in Skudai, Johor recently.
