News by M

Johari cautioned eager developers to take stock of the existing overhang in office spaces and malls, before embarking on any plans.

At 10.06am, Ireka rose 2 sen to 62 sen with 819,800 shares traded.

Its earnings visibility is strongly backed by RM409 million unbilled sales and some RM1.75 billion planned launches in FY18.

We are expecting Vivocom to continue to bid for affordable housing and infrastructure projects in Perak, Terengganu and the Klang Valley.

“Upon Everise becoming a subsidiary of the group, the group’s net assets is expected to increase by RM67.95 million…”

The properties are in Penang, Perak, Selangor, Kuala Lumpur, Negeri Sembilan, Melaka, Johor, Sabah and Sarawak.

Since 2003, Yahaya has managed multi-million ringgit projects in the healthcare and property sector regionally.

The plantations and property arms were listed as separate entities from the holding company.

The state will also set up a committee to discuss luxury properties to be led by MB Datuk Seri Mohamed Khaled Nordin.

“Potential house buyers may have little room left to take on a home mortgage due to their existing debt service commitment…”