High occupancy rates for Sunway Velocity
Sunway Velocity Mall has net lettable area of 880,000 sq ft, while the secured occupancy rate stood at 90%.
Berjaya Land 2Q earnings dip 13.3% to RM180.47 mil
The group said the decline was partly mitigated by correspondingly higher profit of the hotel and resort business arising from higher revenue as well as higher share of profit from associated companies, including Berjaya Kyoto Development (S) Ltd.
Phase 1 of Gamuda Land’s Kundang Estates fully sold
There are 573 double-storey terraced houses in phase 1 of Kundang Estates, with built-ups ranging from 1,733 to 2,434 sq ft. Prices start from RM570,000.
O&C Resources jumps 3.75% on RM155 mil PR1MA job
O&C Resources Bhd shares jumped 3.75% this morning after its 34.3%-owned indirect subsidiary, AES Builders Sdn Bhd, was appointed by Perbadanan PR1MA Malaysia (PR1MA) to carry out the design, planning, procurement, construction and completion of a project in Bukit Jalil.
Gamuda to remain biggest rail proxy after Splash sale
Gamuda Bhd’s annualised first quarter of financial year 2017 (1QFY2017) core net profits made up 89% of our full-year forecast and 91% of the consensus.
Mudajaya secures RM559 mil MRT2 contract
The group said its wholly-owned unit, Mudajaya Corp Bhd, accepted the award yesterday from Mass Rapid Transit Corp Sdn Bhd for the project covering the stretch from Universiti Putra Malaysia in Serdang to Taman Pinggiran Putra in Putrajaya.
Just In: Support children’s development with IKEA’s ‘Let’s Play for Change’ campaign
During this festive season, with every purchase of any toy, book, game, art and craft as well as play furniture under the IKEA Play range, the IKEA Foundation will donate €1 (about RM4.60) to children’s charity organisations, from now until Dec 24, 2017.
Offices in world’s most connected cities come with a high price
The world’s most important, influential and interconnected cities with the deepest pools of firms and talent continue to command the highest office occupation costs, with Hong Kong topping the chart of global real estate firm JLL’s Premium Office Rent Tracker. Hong Kong is followed by London (West End), New York (Midtown), Beijing, Tokyo and Shanghai.
Second phase of Tiara Hills to be previewed in February 2017
Modern Age Development Sdn Bhd is looking to hold a special preview for the second phase of its Tiara Hills development in Cheras, Kuala Lumpur.
Puncak Niaga to buy construction firm TRIplc for RM210 mil
TRIplc, according to Puncak Niaga's bourse filing announcing the proposed acquisition today, holds two concessions awarded by the government and Universiti Teknologi MARA (UiTM).
