Mohamad Noor Abdul Rahim resigns as TSR Capital chairman
Mohamad Noor, 77, resigned due to personal reasons.
Sunway REIT’s 4Q NPI rises 19% to RM146m; declares five sen DPU
Quarterly revenue increased by 18.34% to RM186.73 million compared to RM157.8 million.
EcoFirst logs higher 2Q revenue but net loss widens as finance costs jump
The property developer has been loss-making since 1QFY2022.
MQ Technology to diversify into property development
Industrial mold manufacturer MQ Technology Bhd (MQ Tech) has proposed to diversify into property development.
Sunway Construction secures RM218.7 mil PV plant construction project in Perak
Sunway Construction Group Bhd (SunCon) has won a RM218.76 million contract to build a 50 MW photovoltaic plant in Kampar district in Perak.
Main Market-listed Kitacon says no impact from property overhang issue, rises 46% on debut
This is despite some investment analysts seeing an increase in the overhang of both residential and commercial properties, although the home price index has begun to soften in 2022.
Haily wins RM38 mil contract to build shop offices in JB
RDC Arkitek is the architect appointed by Austin Senibong Development Sdn Bhd for the construction of 77 units of three-storey shop offices at Bandar Jaya Putra in Tebrau district.
GDB to resume work on 8 Conlay after receiving partial payment from KSK Land unit
The project was previously delayed as GDB suspended work due to payment issues.
Gamuda debuts first-of-its-kind Islamic ESG-linked financing with OCBC Malaysia
OCBC Malaysia is the sole sustainability structuring adviser for Gamuda’s maiden ESG-linked holistic financing solution totalling up to RM550 million.
Analysts see possible minor reviews, delay in MRT3 awards and tenders to late 1H2023
The research house said three diversified contractors, namely Gamuda Bhd, IJM Corp Bhd and Malaysia Resources Corp Bhd (MRCB), are of the collective view that the MRT3 project would proceed.
