SCIB buys land for RM21.6 mil for capacity expansion
The five plots of land are located some 15km from Kuching City Centre.
MRCB, Berjaya Land and IJM confirm in consortium to bid for KL-Singapore HSR project
Sources said other technical members of the consortium include Japan’s Hitachi Rail STS, which specialises in providing signalling systems, Hyundai Rotem Co, a South Korean company that manufactures rolling stock, and German rail operator Deutsche Bahn AG’s unit DB Engineering & Consulting GmbH.
AZRB subsidiary served with winding-up petition for allegedly failing to pay debt
AZRB said, however, that AZSB is not a major subsidiary of the company and that it does not anticipate any financial and operational impact due to the filing of the petition.
KLCC Property to buy rest of Suria KLCC stake for RM1.95b
KLCCP said it has entered into a share purchase agreement with Ocmador (Malaysia) City Retail Centre Sdn Bhd, Port Moresby Investments Ltd and Bold Peak Sdn Bhd for the proposed acquisition.
Tropicana sells Courtyard by Marriott Penang for RM165 mil
The disposal was arrived at a willing buyer-willing seller basis and will generate surplus cash of approximately RM80.
WORQ expands Menara 1 Sentrum space; planning three new openings this year
During the opening ceremony of the new co-working space on Friday, WORQ revealed that the new space will be fully occupied by Datacom Systems (Asia) Sdn Bhd, a New Zealand-based IT service company and WithSecure Sdn Bhd, a Helsinki-based IT security company.
Berjaya Land, MRCB shares surge following reported partnership on KL-Singapore HSR bid
Notably, BLand shares touched a three-year high, surging as much as 9.
RHB IB maintains 'overweight' call on real estate sector, identifying UEM as top proxy in Johor
In a sector update on Friday, the research house said that if the government decides to proceed with the Johor Light Rail Transit (LRT) and Kuala Lumpur-Singapore High-Speed Rail (HSR) projects, it could boost demand for residential, commercial and industrial properties in Iskandar Malaysia in the coming years, leading to an increase in prices for strategically located parcels of land.
SimeProp's affordable housing venture with Lagenda opens doors to future developments, says HLIB
In a company update note on Friday, the research house expressed pleasant surprise at this development, considering it as yet another effort by SimeProp to activate its non-core land bank.
Sunsuria poised for a technical rebound, says RHB Retail Research
In a trading stocks note on Friday, the research house said that if a breakout above that level happens, the stock may trend upwards further towards 58 sen, followed by the next resistance point of 62 sen, which is also the 4-month high.
