News by Gho Chee Yuan

S P Setia Bhd's unit Setia EcoHill Sdn Bhd is seeking an additional RM75 million to finance the development a clubhouse and an international school at its Semenyih property development project.

MMC Gamuda KVMRT (T) Sdn Bhd (MGKT) has bagged the largest work package for the construction of the MRT Sungai Buloh-Serdang-Putrajaya (SSP) Line, also known as MRT2, valued at RM15.47 billion.

The level of household debt-to-gross domestic product (GDP) ratio continued to be elevated at 89.1% amid the more moderate growth in nominal GDP in 2015, said Bank Negara Malaysia.

Prime Minister Datuk Seri Najib Tun Razak said that China Railway Group Ltd's planned US$2 billion (RM8.13 billion) regional centre in Bandar Malaysia would be a major boost to the Malaysian economy.

According to Magna Prima’s bourse filing yesterday, Cheah, 61, has 30 years of working experience in construction and property development industry.

The parties agreed to enter into definitive agreement for the sale and purchase of Aspen Vision All, with the purchase consideration still subject to the revalued net asset value of Aspen Vision All.

“The bulk of the planned launches will be in the central region (43%), followed by the northern region (39%).”

Genting Malaysia explained that the additional hefty investment is to expand the scale and to add new facilities, to offer an extensive and wide array of new entertainment options to visitors from across the region.

Mitrajaya Holdings Bhd has been appointed as the developer for the 1Malaysia Civil Servant Housing Development (PPA1M) by Putrajaya Homes Sdn Bhd worth RM157.32 million.

“The majority of our raw materials are sourced locally and thus, we are not exposed to currency fluctuation,” managing director Datuk Seri Lim Keng Cheng told reporters after launching its graduate attachment programme yesterday.