news

MIDF Research sees 'no catalyst' ahead for listed construction firms

“If you look at the [recent] Budget, there are a lot of potential construction jobs but what we see is that there is some de-emphasis on the government in terms of mega projects like there is no mention of Mass Rapid Transit Line 3 (MRT3) for example. Secondly, a lot of the construction projects and the development expenditure (DE) most likely will benefit smaller non-listed players.

READ MORE
news

TA Global unveils Idaman Hills in Kluang, Johor

According to a statement on Tuesday (Dec 7), the development is located on a 95.16-acre freehold land near Gunung Lambak. It is a freehold masterplan residential development featuring six phases comprising 545 homes with a gross development value (GDV) of RM336 million.

READ MORE
news

PKNS introduces Rafflesia 2 in Bernam Jaya

According to a statement on Dec 7, the estimated gross development value (GDV) for Rafflesia 2 is RM37 million. The residential development consists of three layout types, with built-up sizes starting from 1,615 sq ft. The starting price is from RM411,300 per unit.

READ MORE
news

MARC assigns Silver Impact Bond Assessment to Sunway REIT’s inaugural sustainability-linked bonds

Malaysian Rating Corporation Bhd (MARC) said the issuance of the first tranche of the SLB is part of Sunway REIT’s maiden sustainable financing exercise and marks the culmination of the REIT's strategic collaboration with OCBC Bank (Malaysia) Bhd, which was, earlier this year, appointed as Sustainability Structuring Coordinator for the Unrated Medium-Term Notes Programme.

READ MORE
lifestyle

New Sports Direct superstore opens at Tropicana Gardens Mall

“Our primary aim remains to deliver unparalleled value and a variety of branded sports gear but now in a fresh, easy-to-shop format across our various sports and lifestyle zones, [which] include informative LED screens at both the entrance and in-store to highlight latest promotions, trends and activities,” Gibbons added. 

READ MORE