News by M

At 10.47am, Gamuda rose 3 sen to RM4.84, with 3.79 million shares traded.

The price of RM557 psf is deemed to be “reasonable” as the locality offers good capital appreciation potential, the property developer said.

MBSB’s forward strategy now will be to enhance its focus on upgrading the company’s digital capacity to improve the existing business and operating model.

A total of 253 abandoned private housing projects, comprising 64,290 units, were reported in Peninsular Malaysia between January 2009 and Oct 11 this year...

The MRT3 line is said to be integrated with the first line (MRT1) stretching from Sungai Buloh to Kajang, and the second line (MRT2) connecting Sungai Buloh to Putrajaya via Serdang.

The cessation of the award is expected to have an impact on Naim Indah’s revenue and profit...

The centre is slated for opening in January 2018.

The rights issue includes a free warrant issue of up to 147.4 million units.

The purchase will be satisfied via RM396.89 million in cash and an issuance of 225.51 million new ordinary shares in MBSB at RM1.10 apiece.

“We’re also trying to put in place more aggressive mortgage programmes, particularly for affordable housing.”