Construction to outperform GDP growth in 2017
Construction sector Maintain overweight: Development expenditure for 2017 has been set at RM46 billion, which is flattish at +2% year-on-year (y-o-y).
Construction sector Maintain overweight: Development expenditure for 2017 has been set at RM46 billion, which is flattish at +2% year-on-year (y-o-y).
KUALA LUMPUR (Jan 11): Property developer and education service provider Paramount Corp Bhd requested for its shares to be suspended from trading today, ahead of a material announcement, it said in a filing with Bursa Malaysia yesterday.
TURNING 125 is a milestone for Singapore’s oldest architectural practice, Swan & Maclaren, which was founded in 1892.
KUALA LUMPUR (Jan 10): Majlis Amanah Rakyat (Mara) has sold off one of its four properties in Australia to pay back loans in the country.
MAINLAND Penang will soon have its first international hotel chain, thanks to Exopuri Development Sdn Bhd.
KUALA LUMPUR (Jan 9): Shares of Ekovest Bhd gained 1.
KUALA LUMPUR (Jan 9): Master Builders Association Malaysia (MBAM) expects a RM2 billion per annum impact to the construction industry, in particular contractors, due to the change in foreign worker levy policy by the government.
GEORGE TOWN (Jan 9): Penang-based property developer M Summit Group is set to launch next month two new mixed-development projects, with a combined gross development value (GDV) of RM85 million.
KUALA LUMPUR (Jan 9): Malaysian real estate investment trusts (REITs) have had a stable ride over the past year as they are viewed as a preferred safe haven amid the current market volatility.
PUTRAJAYA Ventures Sdn Bhd (PVSB), a unit of Petroliam Nasional Bhd (Petronas), is in talks with potential partners to participate in the planned development of the former French Embassy site in Jalan Ampang.