RAM revises outlook on Country Garden’s notes to stable
KUALA LUMPUR (July 12): RAM Rating Services Bhd has revised to stable from negative the outlook on its rating of Country Garden Real Estate Sdn Bhd’s (CGRE) debt notes.
KUALA LUMPUR (July 12): RAM Rating Services Bhd has revised to stable from negative the outlook on its rating of Country Garden Real Estate Sdn Bhd’s (CGRE) debt notes.
KUALA LUMPUR (JULY 11): Jendela Mayang Sdn Bhd, the developer of Pavilion Damansara Heights, and Kuala Lumpur Pavilion Sdn Bhd have been awarded naming rights to two new Mass Rapid Transit (MRT) stations along the MRT Sungai Buloh-Kajang Line.
KUALA LUMPUR (July 11): ML Global Bhd has bagged a RM68.
KUALA LUMPUR (JULY 11): UEM Sunrise Bhd will be officially launching phase 4 of its Serene Heights township in Bangi this weekend.
KUALA LUMPUR (July 11): Maybank Investment Bank Bhd expects Eco World International Bhd to report its maiden profit in the second half of financial year ending Oct 31, 2018 (2HFY18), with the progressive completion of its London City Island project.
PETALING JAYA (July 11): Furniture manufacturer and property developer SYF Resources Bhd has seen take-up rates of at least 80% for its projects south of Kuala Lumpur in Bandar Sungai Long and Semenyih, Selangor.
SEREMBAN (July 11): Seremban-based Matrix Concepts Holdings Bhd will be making its debut in the Klang Valley with the launch of a serviced apartment project that carries an estimated gross development value of RM300 million in Kuala Lumpur.
KUALA LUMPUR (July 10): Newly-listed Advancecon Holding Bhd has today bagged a contract for the development and upgrading of the Pan Borneo highway in Sarawak for a contract sum of RM30.
SINGAPORE (July 10): CapitaLand recently announced its serviced residence segment, The Ascott, will acquire for A$180 million (RM588 million) an additional 60% stake in Quest Apartment Hotels.
Construction sector Maintain overweight: Domestic contract awards to listed contractors in the second quarter of 2017 (2Q17) amounted to RM4.