Selangor Dredging buys Singapore land for S$72 mil
KUALA LUMPUR (June 8): Selangor Dredging Bhd (SDB), via its indirect 50% associated company Champsworth Development Pte Ltd, has acquired a parcel of prime land in Draycott Park, Singapore for S$72 million (RM223.
Ikhmas Jaya believed to resume its growth trajectory in FY17
Ikhmas Jaya Group Bhd (June 6, 70.
Straits Trading invests A$119 mil in Sydney office building
SINGAPORE (June 7): A unit of The Straits Trading Company Ltd is investing about A$119 million (RM375.
Surbana Jurong grows through acquisitions, partnerships
OVER the past year, Singapore-based Surbana Jurong has signed a series of collaboration and partnership agreements with various companies.
Industry briefing on KL-Spore HSR project in July ahead of assets company tender
KUALA LUMPUR (June 6): MyHSR Corp Sdn Bhd and the Land Transport Authority of Singapore (LTA) will jointly conduct an industry briefing next month in preparation for the assets company (AssetsCo) tender for the Kuala Lumpur-Singapore High Speed Rail (HSR) project.
Real estate industry can no longer ignore digital transformation
KUALA LUMPUR (June 6): Although digital transformation has profoundly disrupted almost every type of business, the real estate industry has been slow to move with the times — until now.
Lippo Malls Indonesia Retail Trust to acquire Indonesian mall for S$32.2 mil
SINGAPORE (June 6): LMIRT Management, manager of Lippo Malls Indonesia Retail Trust (LMIRT), is acquiring the entire issued share capital of PT Mitra Anda Sukses Bersama (PT MASB) from its owners for 310 billion rupiah (S$32.
Qatar-linked construction players down amid diplomatic crisis
KUALA LUMPUR (June 6): Companies with operations in Qatar saw a decline in their stock prices, after six nations made a decision to sever diplomatic ties with the nation, accusing Qatar of providing support to Islamist militants.
MRCB submits RM6 bil worth of construction tenders to replenish FY17 orderbook
KUALA LUMPUR (June 7): Malaysian Resources Corp Bhd (MRCB) has submitted construction bids worth RM6 billion as part of its exercise to replenish its orderbook for financial year ending Dec 31, 2017 (FY17), its executive director Mohd Imran Mohamad Salim said.
