News by M

Is UOL, the property firm controlled by UOB Chairman Wee Cho Yaw, offering to buy out United Industrial Corp (UIC) again after its 2009 failed bid?

Bandar Malaysia Sdn Bhd chairman Tan Sri Dr Mohd Irwan Serigar Abdullah said the request for proposal (RFP) for the RM12.35 billion Bandar Malaysia project will be issued sometime this week, adding there have been many parties indicating interest in the development.

PR1MA is planning to raise RM5 billion to support 89 of its executed projects nationwide, comprising 89,449 units of homes.

PRG and Sunsuria said their respective subsidiaries — Premier Electrify Sdn Bhd and Sunsuria City Sdn Bhd — had signed a memorandum of collaboration to set out the terms of collaboration between the parties to promote the use of EVs in Malaysia.

At 9.02am, Selangor Dredging rose 15 sen to RM1.11 wih 264,400 shares traded.

Assuming that the proposed disposal had taken place on March 31, 2016, SDB said, it is expected to give rise to a gain of RM146.8 million at the group level.

The tender is scheduled to be jointly called in the fourth quarter of 2017 by both MyHSR and the Singapore Land Transport Authority.

Average house prices rose by 6.5% across 55 countries tracked by global real estate firm Knight Frank for 1Q2017.

Najib described the planned Bukit Bintang City Centre as a "significant national-level development" due to its ability to attract foreign investments into Malaysia.

Najib says 3,563 units have been completed, occupied.