Stronger y-o-y rental income growth likely for IGB REIT for 3Q
IGB Real Estate Investment Trust (July 18, RM1.
MoF unit sounds warning on ECRL lay-offs
KUALA LUMPUR: A ministry of finance (MoF) unit has cautioned China Communications Construction (ECRL) Sdn Bhd (CCC-ECRL), the main contractor of the suspended East Coast Rail Link (ECRL) project, against its rapid lay-offs following the suspension.
AirAsia adds two new destinations to Johor Bahru hub
PETALING JAYA (July 18): Effective Oct 1, 2018, AirAsia will expand its Johor Bahru domestic network, adding Alor Setar and Ipoh as new destinations, reported Bernama.
MACC raids companies linked to ECRL, other mega projects
PETALING JAYA (July 18): Two companies that had dealings with the East Coast Rail Line (ECRL), Multi-Product Pipeline (MPP) and Trans-Sabah Gas Pipeline (TSGP) were raided by the Malaysian Anti-Corruption Commission (MACC) this morning, sources told The Malaysian Insight.
48 of 64 DBKL plots cleared by MACC, says Kepong MP
KUALA LUMPUR (July 17): It started with 64 plots of land but the graft busters are now zeroing in their probe to 16 plots.
‘We could save up to RM1b’ from Pan Borneo project, says Sabah minister
PETALING JAYA (July 17): Sabah infrastructure development minister Datuk Peter Anthony said in a statement that up to RM1 billion could be saved if the project was managed by the Works Ministry and State Infrastructure Development Ministry.
Both IGB REIT assets expected to continue to perform well
GB Real Estate Investment Trust (July 16, RM1.
Pasdec CEO steps down on contract expiry
KUALA LUMPUR (July 17): Pasdec Holdings Bhd chief executive officer (CEO) Datuk Zuber Shamsuri will step down from his post following the expiry of his contract today.
Johor aims for at least 2,000 affordable homes this year
PETALING JAYA (July 16): The state government down south plans to build between 2,000 and 3,000 units of Johor Affordable Homes (RMMJ) this year.
