The construction and property development company expects to improve its financial standing as it plans to de-gear its balance sheet by monetising its assets and inventory. This involves the sale of its two malls – AEON Bukit Tinggi in Klang and Paradigm Mall – apart from the planned disposal...

A home is only made complete when all family members reunite, and Setia (loyalty) is the eternal bond of familial tie. By JONATHAN ROBERTS jonathan@thestar.com.mySetia management and guests were very much enjoyed the acrobatic lion dance performance.S P Setia, an award-winning property developer,...

Tee: ‘This year is expected to be tough for construction companies due to low property sales, but sentiments are likely to improve in the fourth quarter.KUALA LUMPUR: Construction company Kerjaya Prospek Group Bhd is poised to achieve its order book target of RM800mil for the year, backed by its...

It said the proposed acquisition would enable Titijaya, through SKDSB, to gain access to 75.444 acres of prime land within the high-growth and fast-maturing central development spine of SabahPETALING JAYA: Titijaya Land Bhd has proposed to acquire Sri Komakmur Development Sdn Bhd (SKDSB) for a...

BY EUGENE MAHALINGAMTer: ‘We don’t want to assume that the market will improve significantly, but I don’t think it will get any worse.’'PETALING JAYA: Property developer Sunsuria Bhd is targeting RM993mil in sales from the launch of projects worth RM1.55bil in total gross development value...

 KUALA LUMPUR: CIMB Equities Research expects a better outlook for Malaysian Resources Corporation Bhd (MRCB) after a weaker FY16 where core net profit was below consensus.It had Tuesday retained its FY17-18F EPS forecasts and also introduced its FY19F numbers.“Our target price is raised (from...

PETALING JAYA: UMLand Bhd and Uber Malaysia today announce a four week pilot project by offering free rides to better serve customers and residents of Albury @ Mahkota Hills.Albury @ Mahkota Hills is strategically located neighborhood within the growth corridor of Southern KL which is home to the...

BY EUGENE MAHALINGAMPETALING JAYA: Sunsuria Bhd expects to register better sales in its current financial year ending Sept 30, 2017, despite the current property glut.CEO Koong Wai Seng said the company achieved sales amounting to RM450mil last year.Executive chairman Datuk Ter Leong Yap said there...

BY NELSON BENJAMINJOHOR BARU: Kickbacks from a massive land scandal in Johor involving tens of millions of ringgit started from 2013. The modus operandi was simple – convert bumiputra housing lots to non-bumiputra lots, which can fetch much higher prices.Anti-graft officers uncovered the plot...

Mah Sing Group Berhad's New Corporate LogoPETALING JAYA: Mah Sing Group Berhad (Mah Sing) unveiled its new corporate logo during the Group’s annual dinner at Majestic Hotel, Kuala Lumpur. The launch of the Group’s new logo is the visual representation of Mah Sing’s group-wide transformation...