OCBC to lower base rate by 0.25% to 3.58% effective Jan 29
Its move comes after Bank Negara Malaysia’s recent 0.25% Overnight Policy Rate (OPR) decrease.
Sime Darby Property appoints Azmir Merican as group MD
In a statement today, SDP said Azmir brings a wealth of experience from his background in financial advisory and as a senior business leader.
LBS Bina up 2.06% on setting 2020 sales target of RM1.6b
Managing director Tan Sri Lim Hock San is confident about the new property sales target in 2020, citing the market is anticipating another rate cut for the overnight policy rate (OPR) this year, which he added bodes well for LBS Bina's housing sales.
E&O in JV with Japan's largest developer for RM348m luxury residences project
In a bourse filing today, lifestyle property developer E&O said the JV will be undertaken between its indirect wholly-owned subsidiary KCB Holdings Sdn Bhd (KCBH) and Mitsui Fudosan's indirect wholly-owned subsidiary Mitsui Fudosan (Asia) Malaysia Sdn Bhd (MFAM) via a new JV.
Majority of Malaysians want Government to halt supply of contraband cigarettes: Survey
The findings came from the Malaysian Perception of Smoking and Vaping Survey, a recent opinion poll conducted by market research company Green Zebras Sdn Bhd.
OldTown White Coffee China franchiser under probe for suspected contract fraud
The company was reported by Ai Chang Investment Ltd in April 2018 for the issue of trademark infringement.
JKG Land active, up 12.5% as 3Q earnings surges to RM3.03m
Reviewing its performance, JKG Land said its higher revenue and net profit were contributed by its property development segment.
Damansara Realty launches RM150m commercial development in Tampoi
The 6.9-acre development will cater to the existing waiting list of interested buyers following the success of its Aliff Square 1 & 2 developed in the same area.
LFE Corp up 2.27% on bagging RM19m structural works contract
In a filing with Bursa Malaysia, LFE said its wholly-owned subsidiary LFE Engineering Sdn Bhd has accepted the letter of award from Shiangly Athens Park Sdn Bhd.
Protasco associate lands ten-year job in Sarawak
In a bourse filing today, Protasco said the performance-based contract for the long-term management and maintenance of state roads in Sarawak, Package 3 (Mukah Division) was effective from Jan 1, 2020 until Dec 31, 2029.
