Bank Negara cuts OPR by 25bps for the first time since 2009
The central bank warned that there are increasing signs of moderating growth momentum in major economies going forward.
Ireka aborts Senawang land acquisition
The construction outfit first announced the land acquisition deal, worth RM21.8 million in December 2014.
Yong Tai hits 10-month high after announcing property project
Early this month, Yong Tai said it has teamed up with PGCG Assets Holdings Sdn Bhd to jointly undertake a mixed development project with a gross development value of RM510 million in Puncak Alam, Ijok.
Bertam sells two Cheras plots for RM128m to improve finances
Bertam Alliance Bhd is selling two parcels of freehold land at Batu 9, Cheras, with a collective land size of 47,930 sq m (11.8 acres) to a unit of Guocoland (Malaysia) Bhd, for RM128 million.
LTKM buys land in KL for RM12.56 mil
LTKM said the acquisition will be undertaken by the group's wholly-owned subsidiary, LTK (Melaka) Sdn Bhd, from 11 individuals.
Damansara Realty banking on property unit to return to the black
Many companies may have painted a gloomy outlook for the domestic property sector, but this is the sector Damansara Realty Bhd is focusing on this year in seeking to return to profitability.
Yong Tai plans RM510m mixed development in Ijok with US-listed co's unit
Yong Tai Bhd has teamed up with PGCG Assets Holdings Sdn Bhd to jointly undertake a mixed development with a gross development value (GDV) of RM510 million in Ijok, Kuala Selangor.
MRCB sells Menara Shell to MRCB-Quill REIT for RM640m
This would raise MRCB-Quill REIT’s asset portfolio size to RM2.27 billion from RM1.63 billion as at December 2015, the trust said in a statement posted on Bursa Malaysia.
Gamuda’s 3Q net profit falls 4.8%, pays six sen dividend
The group said earnings were affected by the softening of the domestic property market and tapering of underground and elevated works for the Klang Valley Mass Rapid Transit Line 1 project.
JAKS Resources aims to sell Evolve Concept Mall within a year
According to JAKS's latest quarterly report, Evolve Concept Mall's fair value stood at RM390 million.
