The engineering division experienced the best of both worlds with 1HFY17 revenue growing 85% and the profit before tax (PBT) margin expanding from 15.2% to 16.7%.

The group recently rolled out a global launch of four new projects (Eco Ardence, Eco Grandeur, Eco Bloom and Eco Business Park II) consisting of 1,524 units with a gross development value of slightly more than RM1 billion, and an average indicative take-up rate of 81%.

Among the property projects near finalisation are Pusat Bandar Damansara (Pavilion Damansara), and residential properties in Sungai Besi and Jalan Pudu.

The domestic property market is likely to remain slow in terms of transaction volume going forward. This will be mainly due to the weak economy and stringent bank lending policies, says Jeffri Rahim, vice-president of project marketing and estate agency at Savills (M) Sdn Bhd, when presenting The Edge/ Savills Klang Valley Residential Monitor 2Q2016.

The Penang Cultural & Heritage Tour, which took place in July, was organised by the youth chapter of the Real Estate and Housing Developers’ Association (Rehda Youth). The sunny weather during the two-day tour was a welcome respite from the heavy rain of the previous days.

Successful launches of several ranges of office furniture during the Malaysian furniture exhibition in March 2016 and sustained improved US business sentiment and employment boosted the sales of its office furniture.

With these job wins, SunCon has secured RM2.6 billion worth of new construction jobs year to date, and exceeded management’s full-year target and our assumption of RM2.5 billion for 2016

The brand-new clubhouse of the 151-acre Kota Seriemas Golf and Country Club in the Kota Seriemas township in Nilai is quite a sight to behold. 

United World Infrastructure principal Dr Imran Markar talks about Medini’s identity, competitive advantage and values.

Tiong Nam is set to expand its warehouse capacity by 50% in three years to cement its position in the industry. The group currently operates a 4.7m sq ft warehouse space and 2,106 vehicles, making it one of the largest domestic integrated logistics players.