News by M

RHB Investment Bank (RHB IB) has upgraded the construction sector to 'overweight' from 'neutral' mainly due to its upgrade on Gamuda Bhd, which accounts for 36.5% weightage on the KL Construction Index.

Malaysia Building Society Bhd (MBSB) shares were actively traded on news that the bank will buy out Permodalan Nasional Bhd's (PNB) entire stake in Malaysian Industrial Development Finance (MIDF) in a RM1.01 billion share deal.

Malaysia Building Society Bhd (MBSB) will acquire the entire equity interest in Malaysian Industrial Development Finance (MIDF) from Permodalan Nasional Bhd (PNB) via a RM1.01 billion share deal.

Top Builders Capital Bhd, which previously delayed the release of its annual report for the financial year ended June 30, 2022 (FY2022) to complete a forensic audit on irregularities found in the group's scheme of arrangement, now says it did not appoint any forensic auditors to look into the matter due to budgetary constraints.

Kimlun Bhd said it has secured two construction contracts in Johor Bahru from Bandar Nusajaya Development Sdn Bhd worth a total of RM95.41 million.

The government will extend the stamp duty exemption given to first-time homebuyers, according to the Ministry of Finance (MOF).

Sime Darby Property Bhd scored two “major wins” at the  FIABCI World Prix d'Excellence Awards 2023 held in Miami, US on June 8.

It has now dawned on tourists of Penang that the state authorities have imposed a ban on almost all types of short-stay accommodation. This came into force on May 25.

S P Setia took home a double World Gold at the FIABCI World Prix d’Excellence Awards 2023, making it the Malaysian property developer with the most wins with a total of 17 World Golds under its belt.

SkyWorld Development Bhd has been named the World Gold Winner for its SkyAwani 2 Residences in the affordable housing category at the renowned FIABCI World Prix d'Excellence Awards 2023.