News about ru

KUALA LUMPUR (July 16): Scientex Bhd is targeting to deliver 50,000 units of affordable homes nationwide by 2028, said its managing director Lim Peng Jin.

With a name synonymous with tragedy, the Highland Towers site located in Ulu Kelang, Selangor has long been abandoned since a block of the condominium collapsed in December 1993, killing 48 people.

PETALING JAYA (July 13): Malaysian social housing may have its image transformed as the Housing and Local Government Ministry look to Singapore's Housing and Development Board's (HDB) model to address its disorganised system.

PETALING JAYA (July 13): A number of things will need to be taken into account before toll collection can be abolished, says Works Minister Baru Bian.

KUALA LUMPUR (July 13): CIMB IB Research has maintained its “Underweight” rating on the construction sector after the Ministry of Finance (MOF) allowed the LRT 3 project to proceed but at a lower all-in cost of RM16.

KUALA LUMPUR (July 13): Lafarge Malaysia Bhd’s RM270 million cement supply contract for the proposed East Coast Rail Link (ECRL) project has been suspended by China Communications Construction Sdn Bhd, following the suspension of the ECRL project pending a government review.

Real estate investment trust sector Maintain neutral: We maintain “neutral” rating on the real estate investment trust (REIT) sector given the general oversupply situation but this should be offset by the appeal of REITs given the current uncertain equity markets.

KUALA LUMPUR (July 13): CIMB IB Research has maintained its “Underweight” rating on the construction sector after the Ministry of Finance (MOF) allowed the LRT 3 project to proceed but at a lower all-in cost of RM16.

KUALA LUMPUR (July 12): Kumpulan Jetson Bhd's wholly-owned subsidiary Jetson Construction Sdn Bhd has bagged a contract worth RM88.

KLANG (July 12): The proposed RM43 billion Melaka Gateway development — which was scheduled to commence operation by March 2021 — may be facing hiccups.