News about ru

Construction sector Maintain overweight call: We remain “overweight” on the construction sector as news flows on contract awards should sustain the sector’s outperformance.

PETALING JAYA (Sept 13): S P Setia Bhd saw an overwhelming crowd of 2,000 potential purchasers queuing up for the developer’s De Palma affordable apartment under the Rumah Selangorku programme at its open day last weekend, where only 200 units were available for sale.

KUALA LUMPUR (Sept 13): Permodalan Nasional Bhd (PNB) is facing a setback in the ongoing construction of what would be the tallest building in Southeast Asia, which raises the spectre of possible delay in completion, sources say.

           HARNESSING future trends early on is vital for any business to get the first-mover advantage and to stay ahead of the game.

SINGAPORE (Sept 9): Maybank Kim Eng has upgraded two Singapore office REITs, CapitaLand Commercial Trust (CCT) and Keppel REIT, to “buy” from “hold”, even as office rents are expected to continue to slide in the near term.

KUALA LUMPUR (Sept 9): M101 Holdings Sdn Bhd, a two-year-old property developer, is eyeing up to RM700 million sales by December  for its RM1.

KUALA LUMPUR (Sept 9): M101 Holdings Sdn Bhd is tapping into the property tourism industry with its iconic development M101 SkyWheel which has a Ferris wheel on top of the building.

GEORGE TOWN (Sept 8): Consortium Zenith BUCG Sdn Bhd (CZBUCG) has decided not to look for a new shareholder to replace Beijing Urban Construction Group Co Ltd (BUCG) in the RM6.

       Being aware of future trends not only enables businesses, including those in the building and construction industry, to stay relevant but also empowers them to improve the community in a dynamic and sustainable way.

PETALING JAYA (Sept 2): The Southkey development in Johor Bahru City Centre is slowly taking shape.