Oversupply may come to a head in 2018, warn industry experts
PETALING JAYA (Jan 12): The overall property market has been depressed by shrinking demand and oversupply across the residential and commercial property sectors, said industry experts.
PETALING JAYA (Jan 12): The overall property market has been depressed by shrinking demand and oversupply across the residential and commercial property sectors, said industry experts.
KUALA LUMPUR (Jan 11): Berjaya Assets Bhd (BAssets) has increased its stake in 7-Eleven Malaysia Holdings Bhd to 4.
KUALA LUMPUR (Jan 11): Three board members of Federal Land Development Authority (Felda) Investment Corp Sdn Bhd (FIC) who were supposed to be in office at the time of the controversial Jalan Semarak land deal are also under probe by the Malaysian Anti-Corruption Commission (MACC) over the purchase of hotels in London and Sarawak, the English daily New Straits Times reported today.
KUALA LUMPUR (Jan 11): MCT Bhd, which recently received a takeover offer from its major shareholder Regent Wise Investments Ltd (RWIL) at 88 sen per share, said it will not seek an alternative person to make a takeover offer for the offer shares.
KUALA LUMPUR (Jan 11): More good news for government pensioners.
KUALA LUMPUR (Jan 10): Goldis Bhd aims to complete its takeover of IGB Corp Bhd in early March, with the latter's shares to be delisted from the Main Market of Bursa Malaysia within the same month.
PETALING JAYA (Jan 9): A Sabahan businessman had secured the sale of a 1.
KUALA LUMPUR (Jan 8): The forensic audit on the Kuala Lumpur Vertical City (KLVC) project being developed by Synergy Promenade Sdn Bhd on land owned by Federal Land Development Authority (Felda) in Jalan Semarak in the capital is expected to be completed earlier than the predicted 30 days.
PETALING JAYA (Jan 8): An external forensic audit into a suspicious land title transfer of Federal Land Development Authority (Felda)’s Jalan Semarak land earmarked for its Kuala Lumpur Vertical City (KLVC) project is expected to begin today.
Maintain outperform with a higher target price (TP) of RM2.