News by M

Eversendai said it has been executing projects in India from 2009 and has over the years meticulously learned the intricacies of doing business in the sub-continent.

The Malaysian Institute of Estate Agents (MIEA) will be hosting the Asean Real Estate Network Alliance (Arena) Convention and Exhibition 2017 from Aug 25 to 27, 2017.

Some 70% of the 80,000 units of Rumah Mampu Milik Wilayah Persekutuan, or RUMAWIP, targeted to be built in the Federal Territories (FT) have been or are being developed as of May 2017.

We have identified four mega rail projects that will be rolled out over the next two to three years. These include the East Coast Rail Link (ECRL), Kuala Lumpur-Singapore High-Speed Rail (HSR), Gemas-Johor Bahru electrified double-tracking (EDT) project and mass rapid transit 3 (MRT3) Circle Line. Collectively, these mega rail projects will have a total cost of RM171 billion.

Group did not declare any dividend for the quarter under review.

Renewed interest in counter comes amid talk IWH CREC is back in Bandar Malaysia

Iskandar Waterfront City Bhd shares resumed their uptrend in active trade this morning after a frenzy of buying interest in the stock in afternoon trading session pushed up its share price by 29.9%, or 49 sen, yesterday.

The buyer is another Hong Kong listed company, Co-Prosperity Holdings Ltd.

Shares in Iskandar Waterfront City Bhd (IWCity) gained as much as 39 sen or 23.8% to RM2.03 in afternoon trading after it was reported that the government may allow the IWH-CREC consortium back in Bandar Malaysia.

Maybank Kim Eng is reiterating its “buy” call on UOL as its top sector pick, raising its price target to S$8.30 from S$7.93.