News by M

Abdul Rahman said he took the decision based on the powers given to the minister as stated in the Housing Development (Control and Licensing) Act.

Econpile said the land sale by its wholly-owned unit to another of its subsidiaries, Tropical Broadway Sdn Bhd, would see its value unlocked through development by the latter.

Bank Negara said in a statement today its monetary policy committee (MPC) maintained the OPR at 3%, a level deemed accommodative and supportive of economic activity.

The DC rates for commercial use rose 1.3% on average, with the largest increase of 29% was in the Shenton Way/Raffles Quay/ Marina Bay Financial Centre area.

Greenland Group has unveiled a special livery on AirAsia’s Airbus A320 aircraft last Friday

Matrix said the Matrix Global Specialist Center, if established, shall be the first hospital to incorporate start-of-art development to be built in Bandar Sri Sendayan, to cater for the current population of more than 30,000 residents, with a future target of more than 120,000 by 2022.

RHB is remaining “neutral” on CapitaLand while raising its target price to S$3.60 from S$3.15 previously, as it expects limited upside on the stock following the run-up in its share price, which has increased by about 20% in the year-to-date.

The move follows Sime Darby’s proposed standalone listing of its plantation and property under a pure-play strategy.

KL Gateway Mall will open its doors to the public tomorrow.

Sunway recorded RM1.2 billion new property sales in FY2016 (+0% y-o-y), underpinned largely by sales from Sunway Mont Residences (RM219 million), Singapore (RM184 million), Iskandar (RM128 million) and China (RM188 million).