News by Neily Syafiqah Eusoff

Crest Builder Holdings rose 7% at mid-morning trading today, after the group said it expects its performance for FY17 to be better.

Mitrajaya Holdings Bhd has bagged a RM160.1 million contract to build residential buildings for a higher learning institution in Kuala Lumpur.

Perbadanan PR1MA Malaysia will put up for sale a total of 21,672 homes with an estimated gross development value of RM2.3 billion, this year.

Selldown wipes out RM759.83m of market capitalisation...

EcoWorld president and chief executive officer Datuk Chang Khim Wah said the developer is excited to be working on this new collaboration with Brainy Bunch.

Landmarks Bhd is proposing a private placement to raise as much as RM36.93 million to revitalise and grow its business through the injection of fresh equity into the group, with an indicative issue price of 76 sen per placement share.

Property developer S P Setia Bhd saw its share price rise as much as 4.51% this morning after the group announced a plan to buy 342.5 acres of landbank in Bangi, Selangor, and signed a memorandum of intent (MoI) to acquire I&P Group Sdn Bhd, a developer owned by Permodalan Nasional Bhd.

Six packages covering a total of over 3,000km of roads.

"The volume is expected to increase in 2017 by 8% to RM170 billion," its chief executive Datuk Ahmad Asri Abdul Hamid told a press conference after the opening ceremony of the Eighth Malaysian Construction Summit 2017 themed "Redefining Profit" by Works Minister Datuk Seri Fadillah Yusof today.

MRCB-Quill Real Estate Investment Trust (MQ REIT) is aiming to maintain its average 98% occupancy rate in terms of net lettable area this year albeit subdued market sentiment and challenging economic environment.