News by M

Kenanga Research said real estate investment trusts (REITs) are not the best alternative to holding cash, while reiterating its 'neutral' call on the sector.

Internet of Things (IoT) solutions provider G3 Global Bhd (KL:G3) has secured a project to develop the National Integrated Migrant Workers Dormitory (NiMWD) for the Maldives government.

Construction company Aneka Jaringan Holdings Bhd (KL:ANEKA) has secured a RM53 million sub-contract for the execution of bored piles and precast reinforced concrete piles works in Selangor.

Construction and trading group Pesona Metro Holdings Bhd (KL:PESONA) said it is diversifying into property development through the acquisition of a 51% stake in the developer of a high-rise residential project in Bukit Jalil, for RM40.8 million in cash.

The proposal of the Urban Redevelopment Act (URA) has been reported to be going ahead despite a host of dissenting voices. 

Development of the Johor-Singapore Special Economic Zone's (JS-SEZ) infrastructure will be co-financed by the government and the private sector, Economy Minister Rafizi Ramli said.

Malaysia’s central bank on Thursday kept the benchmark interest rate unchanged as widely expected, amid resilient economic growth and manageable inflation.

The training programme will focus on nurturing the next generation of property agents, helping to shape them into future leaders.

Construction outfit Haily Group Bhd (KL:HAILY) said it plans to reward its shareholders with a bonus issue of one new share for every share held.

Annum Bhd (KL:ANNUM) said it has been awarded a sub-contract worth RM53.2 million by Iqzan Holding Bhd (KL:IQZAN) to supply material, labour and machinery for the construction of an office building in Jalan Tun HS Lee.