PETALING JAYA: Fire protection specialist Fitters Diversified Bhd’s construction unit has won a project worth RM97.78mil from Pencala Jaya Sdn Bhd to construct 338 units of two- and three-storey units located in Rawang, Selangor.The company said in a stock exchange filing that the project would...

BY DANIEL KHOOMeeting the media: (from left) Barragry, Tan and executive assistant to group MD, Chua Seng Yong at the press conference.KUALA LUMPUR: IGB Real Estate Investment Trust (REIT) will enhance yields on its existing Mid Valley Megamall and The Gardens Mall by carrying out a reconfiguration...

Property development continues to drive performanceTotal sales value year to date for the Group is registered at RM2.19 billion, a 49% increase compared to the previous year corresponding period.PETALING JAYA: IOI Properties Group Bhd (IOIPG), with three main business segments ie property...

The advancement in technology has lowered the barriers to entry for businesses, giving rise to startups in Malaysia.More and more young graduates are keen on taking the entrepreneurship route in lieu of the traditional 9 to 5 employment.Today, there are crowdfunding sites like pitchIN, or even...

KUALA LUMPUR: MK Land Holdings Bhd has become the latest public-listed group to announce the receipt of a surprise tax bill from the Inland Revenue Board (IRB).In a filing with Bursa Malaysia, the company said wholly owned subsidiary Saujana Triangle Sdn Bhd (STSB) – the developer of its flagship...

BY P. ARUNAKUALA LUMPUR: A unit of TSR Capital Bhd has entered into an MoU and with Globe Venture Holdings Inc (GVHI) in relation to the proposed mixed development project of over 52.2 acres situated at PD Waterfront, Port Dickson.The group told the stock exchange on Monday that the MOU was...

BY EUGENE MAHALINGAMIndustrial sub-sector can help to weather the stormSiva: ‘The industrial market is very small but it’s close to equilibrium.’TO property investors, the industrial sub-sector is often considered an after-thought when it comes to investing.However, with the slowdown in the...

BY EUGENE MAHALINGAMNew benchmark: Investors can benchmark their offices to the winning bid for Murray Road in Hong Kong.INVESTORS eyeing Hong Kong property stocks should look at companies with asset disposal plans, according to CIMB Research.The recommendation comes following the recent sale of...

BY TEE LIN SAYWITH a current construction orderbook of some RM7bil, Malaysian Resources Corp Bhd (MRCB) will be further entrenching its position as a transit-oriented developer, having tendered for some RM6.3bil worth of high-profile jobs.It would also appear that infrastructure and...

BY INTAN FARHANA ZAINULKL Sentral – MRCB’s landmark project in the Klang Valley.MRCB’s cash call has not gone down well with investors. However, the company says its growing order book calls for it to have a sustainable financing structure.AT the penthouse of Malaysian Resources Corp Bhd’s...