Fajarbaru clinches RM150.9 mil construction job in Shah Alam
Contract for the building and related infrastructure works of an 18-storey serviced apartment and retail complex in Shah Alam, Selangor.
Sunway appoints Sapura Energy ED Anuar Taib as independent director
“He has more than 30 years of experience in the oil and gas (O&G) industry with Shell, Petronas and Sapura Energy in various technical, commercial, and leadership positions covering upstream regulatory functions, exploration and production, refinery, gas and liquified natural gas (LNG), downstream marketing commercial functions, and integrated service company with national, regional and global coverage.
RHB IB lowers target price for UOA Development to RM1.71
RHB’s Loong Kok Wen said she expects its investment properties to drive earnings slightly in the coming quarters, premised on higher occupancy rates.
SkyWorld Development opens unchanged at 80 sen on Main Market debut
The Kuala Lumpur-based company has raised RM320 million through its IPO, making it the third-largest listing exercise on Bursa in 2023 so far.
MCT unveils new identity as Avaland
A subsidiary of Ayala Land Inc which bought a majority stake in the company in 2018, Avaland has since undergone a comprehensive organisational restructuring exercise and refocused its core business on property development.
PAM urges local govts to preserve, plant more urban street trees
PAM said this is due to an alarming increase in the unnecessary felling of street trees by local governments in the Greater Kuala Lumpur region.
RHB Research maintains 3.25% OPR forecast on further ringgit weakening, sticky inflation
The research house’s view contradicts OCBC’s and UOB’s view that BNM will hold the OPR at 3% for the rest of the year, but aligns with MIDF Research's view that an increment will occur in the second half of the year.
Gamuda, VTAR sign MOU to launch Digital IBS course
Gamuda noted that this RM30 million partnership will see the company collaborating with VTAR to create the Certificate in Digital Manufacturing in Construction programme.
With BNM staying its course, economists peg OPR at 3% till year-end
Domestically, the central bank noted that following its strong outturn in the first quarter of the year, the local economy has since expanded at a more moderate pace as exports were weighed down by slower external demand in line with expectations.
Landmarks' Andaman Resorts placed under receivership after defaulting on OCBC loan
The group said in a bourse filing that OCBC has proceeded to appoint Khoo Siew Kiat and Lim Keng Peo of Deloitte Restructuring Services PLT as the "joint and several receivers and managers over the assets and undertakings of ARSB", whose assets have a net book value of RM25.
