News by Tan Xue Ying

"With Cypark being the cost leader, we think that we are positioned well in being [a] successful [bidder]. We have also had good success rates in LSS1 and LSS2, and believe that as we continue with efforts of bringing competitive costs, our chances of scoring more [of such jobs] moving forward is pretty high."

The insurance company yesterday acquired 10.98 million units in Atrium REIT, representing 7.512% of the REIT’s total outstanding units of 146.16 million, an exchange filing showed.

“It is a very nice mall. But the board has decided to wait until the mall is completed, so that we do not take unnecessary development and construction risks,” said its CEO.

Access to non-conventional data would better help firms understand consumer consumption habits and the latest market trends.

This will serve as a launch pad for future policy direction — experts

The adoption of a big data system in the Malaysian housing market may be challenging given the fragmented data sets across government segments — such as in the ministry, agencies, or local councils — but it is necessary for better informed decisions based on market value and risks.

The MoU will look at sharing information and experience in housing finance, mortgage and financial instruments between Malaysia and Korea.

"The act will cover the tenant as well as the landlord, right now we don't have any tribunal if the tenant has a dispute with their landlord, that is why we want a Residential Tenancy Act."

"The country’s heavy reliance on cheap and easily accessible foreign labour is an issue that needs to be addressed to improve growth of the country's productivity and wage levels."

However, the identity of the placee(s), the number of placement shares, as well as the issue price for the placement shares are yet to be determined and finalised by the board.