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George Kent and MRCB see active trading on news of LRT3 continuation
KUALA LUMPUR (July 13): Shares of Malaysian Resources Corp Bhd (MRCB) and George Kent (M) Bhd were among the most active counters in the morning trade today, as the Pakatan Harapan led-government gave the green light to carry on the light rail transit 3 (LRT3) project yesterday.
Lafarge’s RM270m cement contract for ECRL project suspended
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.
Shares jump on LRT3 green light
KUALA LUMPUR (July 13): Shares in George Kent (Malaysia) Bhd and Malaysian Resources Corp Bhd (MRCB) rallied yesterday after Finance Minister Lim Guan Eng announced that the cabinet had approved the continuation of the light rail transit Line 3 (LRT3) project at a final cost of RM16.
Concerns over crowded trains with LRT3 cost cutting, reports portal
KUALA LUMPUR (July 12): There were loads of gnashing of teeth as different parties bandied about how much can be slashed from the bill to build the light rail transit 3 (LRT 3) project.
Share unit weightage – the next ‘time bomb’ in property management?
KUALA LUMPUR (July 12): Malaysia Shopping Malls Association (PPK) committee member for research YL Lum foresees that the calculation of share unit weightage in strata-titled properties will be the next ‘time bomb’ in property management.
“Arbitrary” timeframe for property managers to register with BOVAEP should be removed, says mall association
KUALA LUMPUR (July 12): The 12-month grace period allowing practicing property managers without valuation credentials to register themselves with the government to gain official recognition should be removed as it is “arbitrary” and “irrational”, said a real estate industry leader.
Maintenance fees and inter-floor leakage top cases in Strata Management Tribunal
KUALA LUMPUR (July 12): Cases related to maintenance fees collection and inter-floor leakage top the list of claims filed by house owners to the Strata Management Tribunal (SMT), said Ministry of Housing and Local Government (KPKT) senior legal officer Roshan Karthi Kayan.
George Kent, MRCB up after LRT3 set to proceed
KUALA LUMPUR (July 12): Shares of George Kent (M) Bhd and Malaysian Resources Corp Bhd (MRCB) rose this morning, after the Pakatan Harapan government approved the continuation of the light rail transit 3 (LRT3) project at a final cost of RM16.