news

China firm bags RM2.32 bil STP2 job

E&O said its subsidiary Tanjung Pinang Development Sdn Bhd had issued a letter of award to China Communications Construction Co Ltd’s Malaysian unit China Communications Construction Co (M) Sdn Bhd to undertake the proposed project.

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indepth

Al-Salam REIT to benefit from JB-Singapore RTS

Al-Salam REIT has a good combination of young and stable assets such as QSR Properties and KFCH International College (under triple net and step-up long leases) anchoring the earnings base, while newly refurbished Komtar JBCC provides much room for rental to play catch-up.

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