News by Chester Tay

The EPU is a unit within the Prime Minister’s Department and the current minister in charge of the unit is Datuk Abdul Rahman Dahlan.

Pandan MP Rafizi Ramli said the government must explain why China Communications Construction Co Ltd was appointed as the engineering, procurement, construction and commissioning contractor in a hasty manner.

Yesterday, Gadang told Bursa Malaysia that net profit fell to RM16.7 million in the first quarter ended Aug 31, 2016 from RM20.86 million.

Selangor Dredging said its wholly-owned subsidiary SDB Damansara Sdn Bhd has entered into an agreement with Bukit Selesa Development Sdn Bhd for the disposal.

For the RM744.96 million affordable housing projects for which it had signed a turnkey construction heads of agreement

It is eyeing up to RM700 million sales by December  for its RM1.5 billion mixed development project in Kampung Baru. 

The Malaysian Investment Development Authority (Mida) said KAJ signed a memorandum of agreement (MoA) with PowerChina yesterday and investments in the project are expected to reach RM30 billion in two years. The project comprises three reclaimed islands and one natural island.

AISB said the proposed disposal provides an avenue for it to unlock and realise the value of these lands.

Sees slowdown in property market persisting until 2018...

Sime Darby Property managing director Datuk Jauhari Hamidi said spanning a total of 360 acres, ALYA Kuala Lumpur has a total gross development value of over RM8 billion.