High-end property in 'a bit of a glut' — MBSB
MBSB is of the opinion the Malaysian property segment is in “a bit of a glut”.
E&O now wholly owns concession to reclaim Seri Tanjung Pinang land in Penang
E&O has acquired the remaining 4.4% stake it does not own in Bridgecrest Resources Sdn Bhd for RM33 million.
Mudajaya sees 4.49% stake traded off market
It is unclear who were involved in the transaction at press time.
IGB Corp's 3Q profit lower on absence of disposal gain
Revenue dropped 20.02% to RM259.71 million from RM324.71 million in 3QFY16, no thanks to lower contributions from its property development and hotel arms.
UOA Development 3Q net profit down 18% on higher expenses
"The group will maintain its focus on development in Greater Kuala Lumpur and continue to source for opportune development land acquisition at strategic locations."
CIMB: Gamuda a strong contender for KL-Singapore HSR PDP tender
"Gamuda Bhd remains our top big-cap rail pick for its exposure to both rail underground civil works and PDP scopes.”
UEM Sunrise 3Q net profit jumps 2.4 times
On the back of commendable bookings received for Residensi Solaris Parq, as well as for Dahlia at Serene Heights Bangi…
Eligible house loan applicants will not be rejected, says Association of Banks in Malaysia
“The allegation that banks are imposing strict rules on purchasers applying for loans is not true."
IOI Properties 1Q profit up 28% on better earnings from core businesses
Higher sales from development projects in both the Klang Valley and Johor.
Econpile bags RM208.7m LRT3 piling, infra job from Gabungan AQRS
Econpile has also secured three other contracts.
