News by theedgemalaysia.com

Property developer SkyWorld Development Bhd made a flat debut on Main Market of Bursa Malaysia on Monday (July 10) with an unchanged open price from its initial public offering (IPO) price of 80 sen.

The Malaysian Institute of Architects (PAM) has urged local governments to adopt a more sustainable approach towards urban development and prioritise the preservation and planting of new urban street trees, according to a statement on Friday (July 7).

RHB Research maintained its Overnight Policy Rate (OPR) forecast at 3.25%, in contrast with most other economists who see Bank Negara Malaysia holding on to the 3% key borrowing rate until the end of the year.

Gamuda Bhd and VTAR Institute (VTAR) have signed a memorandum of understanding (MOU) to launch a new technical and vocational education and training (TVET) course for next-generation (next-gen) Digital Industrialised Building System (Digital IBS).

As Bank Negara Malaysia’s decision to hold the overnight policy rate at 3% came in line with consensus expectations, most economists see the central bank keeping its monetary policy stance on hold until the end of the year.

Landmarks Bhd said its wholly owned Andaman Resorts Sdn Bhd (ARSB), which in March defaulted on its financing facilities totalling RM133.37 million from OCBC Bank (Malaysia) Bhd, has been placed under receivership.

Aneka Jaringan Holdings Bhd’s unit bagged a RM22.16 million contract from Coneff Corporation Sdn Bhd to build over 1,000 units of Rumah Wilayah Keluarga Malaysia in Sungei Besi, Kuala Lumpur.

The opening of the newly completed 250m Sunway Serene Bridge on Thursday (July 6) marked the final milestone of Sunway Group’s property arm Sunway Property’s RM30 million public upgrading works in Kelana Jaya.

Bank Negara Malaysia (BNM) has decided to maintain its overnight policy rate (OPR) at 3%.

Plenitude Bhd's new Impian Hills township development in Ulu Tiram, Johor, saw its first phase — Magnolia, comprising 142 units of freehold double-storey terraced houses — 98% taken up since its launch in December last year.