KL to be reshaped into confluence of not just rivers, but ideas – Think City
The nation’s capital city will facilitate a convergence of ideas towards socio-economic progress, said experts in city shaping.
Kerjaya Prospek gets RM33.2 mil piling job for Andaman Island apartment project
Construction outfit Kerjaya Prospek Group Bhd has secured a RM33.19 million piling and earthworks job for a proposed service apartment in Pulau Andaman, Penang from a related party.
Marriott Hotels opens Perhentian Marriott Resort & Spa in Terengganu
Marriott Hotels on Monday officially opened Perhentian Marriott Resort & Spa at Pulau Perhentian Kecil in Terengganu, according to a press statement.
Star Media’s pivot towards real estate, niche publications need time to show earnings traction, says Kenanga
Kenanga Research has maintained its “underperform” rating on Star Media Group Bhd at 42 sen with an unchanged target price of 31 sen and said Star Media is pivoting towards real estate and offering niche weekly publications.
Crescendo poised to extend upside movement, says RHB Retail Research
RHB Retail Research Crescendo Corp Bhd is poised to extend the upside movement after staging a bullish breakout.
Signature International gets takeover offer from Chin Hin at 84 sen per share
Kitchen cabinet manufacturer Signature International Bhd has received a conditional takeover offer from home-grown building materials specialist Chin Hin Group Bhd on Friday to acquire all remaining shares Chin Hin does not own, at 84 sen per share.
Govt offers Gamuda’s 60%-owned SRS Consortium works on first segment of Penang LRT
The government has offered Gamuda’s 60%-owned SRS Consortium Sdn Bhd civil works contracts on the first segment of the Penang Light Rail Transit (Penang LRT) and hopes to conclude talks with the company within six months.
Global trends drive construction expenses up in Malaysia
The Real Estate and Housing Developers’ Association (Rehda) recently stated that building material prices saw a significant uptick in 2023, with 91% of survey participants witnessing a notable surge compared to the previous years at the recent Rehda Property Industry Survey for 2H2023 and Market Outlook for 2024.
Court rules FGV’s former chairman, ex-CEO wrongfully used luxury condos
FGV Holdings Bhd’s former chairman Tan Sri Mohd Isa Abdul Samad and its former chief executive Datuk Mohd Emir Mavani Abdullah wrongfully used two luxury condominium units acquired by the company, the High Court ruled on Friday.
UEM Sunrise set for uptrend continuation, says RHB Retail Research
RHB Retail Research said UEM Sunrise Bhd is set for an uptrend continuation after breaching above the RM1.18 immediate resistance on stronger trading volume.
