Construction contract awards for 2Q17
Construction sector Maintain overweight: Domestic contract awards to listed contractors in the second quarter of 2017 (2Q17) amounted to RM4.
King Salman Centre to be built in Putrajaya
PEKAN (July 10): A permanent structure for the King Salman Centre for International Peace (KSCIP) will be built on a 16ha piece of land in Putrajaya, says Prime Minister Datuk Seri Najib Razak.
Top Asean countries for luxury properties
If you are looking for real estate investment opportunities in Asia, the Association of Southeast Asian Nations (Asean) is definitely the region you shouldn’t miss.
Fighting a ‘grave’ taboo
Location has always been one of the key considerations in ensuring asset value growth and a property neighbouring a cemetery is definitely not the location of choice.
Singapore's Wee Hur to expand student housing footprint in Australia
SINGAPORE (July 7): Developer Wee Hur has set up a trust to fund to build 5,000 student accommodation beds in Australia’s major cities, starting with Brisbane and Adelaide.
Mah Sing chief again crowned Asia's Best CEO by Corporate Governance Asia
KUALA LUMPUR (July 6): Mah Sing Group Bhd was named the Best Investor Relations Company in Malaysia, while its group managing director Tan Sri Leong Hoy Kum was crowned Asia's Best CEO (Investor Relations) at the Corporate Governance 7th Asian Excellence Awards 2017.
PRG mulls JV with Singapore O&G firm for property, construction jobs
KUALA LUMPUR (July 6): PRG Holdings Bhd is going to explore the possibility of partnering with Singapore-listed oil and gas (O&G) firm Mirach Energy Ltd to undertake property and construction projects in Malaysia and elsewhere.
Ascott group acquires additional 60% stake in Quest Apartment Hotels for S$191 mil
SINGAPORE (July 5): The Ascott, a wholly owned subsidiary of CapitaLand, this morning announced that it is acquiring an additional 60% stake in Quest Apartment Hotels for A$180 million (S$191 million or RM594 million).
Bank Negara: Three things that could enhance Malaysia’s affordable housing ecosystem
PETALING JAYA (July 4): A sound, innovative and coordinated public policy is needed to address the affordable housing challenge, said Bank Negara Malaysia deputy governor Abdul Rasheed Ghaffour in his keynote address at the “Dialogue on Sustainable Development of Affordable Housing” organised by Cagamas Holdings Bhd in Kuala Lumpur today, He said a central authority could lead, oversee and coordinate affordable initiatives for the nation that would promote greater strategic and operational cohesion at the national level.
