Ho Hup to raise up to RM17.7m via private placement
KUALA LUMPUR (Sept 27): Ho Hup Construction Bhd has proposed to raise up to RM17.
Scientex 4Q net profit jumps 61%, declares 10 sen dividend
KUALA LUMPUR (Sept 26): Scientex Bhd's net profit for the fourth quarter ended July 31, 2019 jumped 61% year-on-year to RM133.
ECRL subcontract awards expected in 2021, says Affin Hwang Capital
KUALA LUMPUR (Sept 26): Affin Hwang Investment Bank has maintained its “Overweight” call on the construction sector and said it expects tenders for the East Coast Rail Link (ECRL) to be called starting in 4Q19 for local subcontractors to undertake 40% of the civil works (excluding tunnel works).
MITI continues anti-dumping duties on fibre cement board products from Thailand
KUALA LUMPUR (Sept 24): The Ministry of International Trade and Industry (MITI) has decided to continue the imposition of anti-dumping duties on imports of cellulose fibre reinforced cement flat and pattern sheets (FCB) from Thailand for five more years.
Merdeka 118 Tower to be completed by mid-2020
KUALA LUMPUR (Sept 24): The ongoing construction of the iconic Merdeka 118 Tower is at level 78 as of today, which makes it about two thirds completed.
Country Garden: Majority of Aradia units sold during weekend launch
PETALING JAYA (Sept 23): The first phase project of Lake City, developed by Country Garden Malaysia, have seen a majority of the units sold during the launch on Sept 21 and 22, 2019.
EcoWorld outlook seen stable on unbilled sales, more maturing jobs
Eco World Development Group Bhd (Sept 20, 66.
'Above affordably priced unsold property units pile up'
KUALA LUMPUR (Sept 19): Total unsold units continue to rise for residential properties priced above the maximum affordable house prices in individual states, according to Bank Negara Malaysia’s (BNM) Financial Stability Review for the first half of 2019 (1H19).
Report: Hong Kong purchasers have 'poured into' Forest City since June
KUALA LUMPUR (Sept 13): With the social and political problems plaguing Hong Kong in recent months, it has been reported that more Hong Kong people are buying homes in the Forest City (pictured) development in Johor.
High Court sets Nov 8 to hear IRB's summary judgment application and Najib's stay application on RM1.69b tax
KUALA LUMPUR (Sept 7): The High Court fixed Nov 8 to hear the application filed by the Inland Revenue Board (IRB) to obtain a summary judgment against former Prime Minister Datuk Seri Najib Razak regarding the alleged RM1.
