The association noted that with the stagnant economy and the increase of OPR rates resulting in the increase in housing loan interest, many Malaysians will still be unable to afford to buy a house.

The research house reiterated its conviction that cement demand will continue to flourish in the medium-to-long term, propelled by the commencement of major infrastructure projects in Malaysia.

PIVB recommended to non-interested shareholders of MRCB to vote in favour of the resolution pertaining to the proposed acquisition at the extraordinary general meeting on Oct 24.

Chow said Lee was informed of his replacement as a director of the PDC on Sept 26 — a day before PDC inked the joint development agreement with Sunway Bhd’s 70%-owned Umech Land.

The banking group said the strategic location of the properties at the commercial centre of KLCC and a dedicated building name of the bank will improve the visibility and branding of the group.

The Bill was tabled by Natural Resources, Environment and Climate Change Deputy Minister Datuk Seri Huang Tiong Sii. 

Ramasamy and Lee, in their personal capacities, said they found Chow’s remark last Tuesday (Oct 3) as “misleading, unfair, and causes harm to our professional reputation”.

RHB Investment Bank Research (RHB IB) has maintained its “overweight” stance on the real estate sector, and said UEM Sunrise Bhd and Sunway Bhd are key plays of the Johor theme.

Aspen (Group) Holdings Ltd has issued a clarification regarding its land purchase from Penang Development Corporation (PDC) 10 years ago, to address any confusion arising from recent reports about a direct negotiation involving a land sale in Batu Kawan Industrial Park 2 (BKIP2) to Umech Construction Sdn Bhd.

The Food Merchant will be unveiling its sixth outlet with a first-ever concept store, The Food Merchant Prelude, exclusively at Pavilion Damansara Heights tomorrow.