News about TM

PETALING JAYA (Dec 26): The environmental impact assessment (EIA) report for the Kuala Lumpur-Singapore high speed rail (HSR) will be displayed for public viewing for a month  from tomorrow (Dec 27).

KUALA LUMPUR (Dec 21): The government's revised plan to maintain the stamp duty for luxury properties at 3% is positive for the property sector, according to MIDF Amanah Investment Bank Bhd Research.

KUALA LUMPUR (Dec 15): LBS Bina Group Bhd will set up a RM500 million Sukuk Murabahah programme to finance future acquisitions and development cost of the projects undertaken by the group, to repay borrowings, as well as for working capital.

The concept of “borrow” is the final piece of the parcel in our uniquely crafted Property Investment Quadrant (PIQ).

PETALING JAYA (Dec 7): The property sector is expected to stir in 2018 as developers continue to cut prices — by 10% to 15% or more — and adjust to the reality that demand lies in mass-market affordable housing, said AmInvestment Bank in a report today.

KUALA LUMPUR (Dec 5): Property development and construction outfit Ireka Corp Bhd has teamed up with the world’s largest manufacturer of rolling stock and rail-related products and systems CRRC Urban Traffic (Europe) Co Ltd (CRRC UT) to venture into rail projects.

PETALING JAYA (Dec 4): AmInvestment Bank expects the property market to remain subdued in 2018 as elevated home prices, low financing margins by banks, and high debt-service ratios (DSR) among prospective homebuyers continue to plague the market.

KUALA LUMPUR (Nov 30): Titijaya Land Bhd said its wholly-owned Epoch Property Sdn Bhd has yesterday entered into a conditional share subscription agreement with Japan-based Tokyu Land Corp (TLC) for a subscription consideration of RM47 million.

PETALING JAYA (Nov 30): Gamuda Land and Telekom Malaysia Bhd (TM) had signed a memorandum of understanding (MoU) yesterday to provide infrastructure and related network services at its 89-acre Kundang Estates development in Kuang, Sungai Buloh.

KUALA LUMPUR (Nov 27): Sunway Bhd's net profit climbed 5% year-on-year to RM150.