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Major breakthrough for Northern Line Extension as tunnelling machines reach final destination
Completion of Northern Line Extension Tunnelling (Credits to Transport for London)LONDON: The Northern Line Extension reached a major milestone today with the completion of tunnelling work.Huge tunnel boring machine, Amy, broke through at Kennington, which means that the two 3.2km tunnels from...
Mah Sing on track to complete high rise residentials
(L-R): Mah Sing Group chief project officer William Ow, Setiakon Group managing director Datuk Kuan Ah Hock, Construction Industry Development Board director Ir. Sharifudin Bin Che Omar, Mah Sing Group Group managing director Tan Sri Datuk Sri Leong Hoy Kum, Department of Occupational Safety &...
IJM Construction bags RM392m contract to build new HSBC building
Kuala Lumpur: IJM Construction Sdn Bhd was awarded a RM392mil contract from HSBC to design and build its new Malaysia headquarters at the upcoming international financial district Tun Razak Exchange (TRX).IJM Construction managing director and chief executive officer, Datuk Soam Heng Choon said the...
LBS Launches Alam Perdana township
LBS group managing director Tan Sri Lim Hock San (third from left) said the company plans to emulate the success of the developer’s flagship township in Bandar Saujana Putra for Alam PerdanaIJOK: LBS Bina Group Bhd has launched their latest township development, LBS Alam Perdana in Ijok,...
Sime Darby Property wins 8th consecutive Gold at the Putra Brand Awards
Chosen by Malaysian consumers as the nation’s preferred and leading property development brandDatuk Wan Hashimi Albakri, (with Trophy) accompanied by his team members after receiving the award from Brian Martin from Star Media Group (4th from left) and Khairuddin from the 4As council (far...
MD's takeover offer for AbleGroup shares receives tepid response
KUALA LUMPUR: AbleGroup Bhd managing director Datuk Lim Kim Huat, who together with his wife made a conditional mandatory takeover bid for the company, has managed to get enough valid acceptances to turn the offer unconditional but the response to their offer has been lukewarm.In a filing with...
RHB raises earning forecasts for ML Global on positive outlook
PETALING JAYA: RHB Research remains upbeat on ML Global Bhd, largely underpinned by its strong order book replenishment potential and exposure to the industrialised building system (IBS) manufacturing techniques.The research house has also raised its earnings forecasts on the construction firm...
LBS could unlock landbank value in Zhuhai investment
KUALA LUMPUR: JF Apex Research has maintained its Buy call on LBS Bina Group Bhd with an unchanged target price of RM2.27.On a recent visit to LBS Bina's 60%-owned Zhuhai Internatonal Circuit (ZIC), Lakewood Hills property project and HK-Zhuhai-Macau Bridge (HKZMZB), the research firm had a...
PR1MA step-up financing scheme allows more to buy homes
Up-stake: The PR1MA step-up financial scheme allows buyers eligible for a conventional loan to get access to a higher loan amount.IN last week’s Budget 2018, the Government extended PR1MA’s step-up financing scheme (SPEF) to private developers, subject to certain conditions, as part of its...
Making affordable housing accessible
By Thean Lee Chengleecheng@thestar.com.myA COUPLE of years ago, a 20-something from Kuching working in Petaling Jaya wanted to buy a property under one of the many affordable housing schemes promoted by the government.At that time, housing was already beyond the reach of many.She registered with an...