Regus expands to Johor

KUALA LUMPUR (July 6): Regus Plc, the world’s largest flexible workspace provider expanded into Johor due to robust investment activities in the southern state, according to a report in The Edge Financial Daily today.

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Kenanga Research maintains overweight on construction sector

KUALA LUMPUR (July 2): Kenanga IB Research maintained its overweight call over the construction sector, as it is still firmly backed by contractors’ healthy orderbooks that provide two to three years visibility, while its replenishment prospects and earnings were met by most contractors.

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Scientex buys land in JB for RM219 million cash

SHAH ALAM (June 29): Packaging manufacturer Scientex Bhd, which is also involved in property development, intends to buy 326 acres of freehold tract in Pulai, Johor Bahru, for RM219 million cash to expand its land bank.

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Sunway Construction Group sets dividend policy of 35%

PETALING JAYA (June 29): Sunway Construction Group Bhd (SCG) has set a dividend policy of paying out 35% of its annual core profit once it has been listed to enable its shareholders “to participate in the group’s profit”, according to its prospectus of its initial public offer.

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Bina Puri wins RM195m job in Iskandar Malaysia

PETALING JAYA (June 25): Construction firm Bina Puri Holdings Bhd's subsidiary Bina Puri Sdn Bhd (BPSB) has been awarded a RM195 million contract to construct a 23-storey twin tower in Iskandar Malaysia’s Medini Central Business District.

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