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Resorts World Las Vegas aims to open in 2020
In a statement, Genting also announced the appointment of Edward Farrell as president of RWLV. Farrell will oversee all development activities on the Las Vegas Strip site and prepare the world class, integrated resort for operations in 2020.PETALING JAYA: Genting Group said its proposed Resorts...
EU countries eye investment opportunities in Iskandar Malaysia
BY ZAZALI MUSAJOHOR BARU: European Union (EU) countries are eyeing business and investment opportunities in Iskandar Malaysia as the country’s first economic growth corridor offers good growth prospects.Ambassador and head of the EU delegation to Malaysia Maria Castillo Fernandez said the...
MRCB down 11.5% after cash call move
BY INTAN FARHANA ZAINULMRCB shares fell 11.5% to close at RM1.54 yesterday. Its warrants, which will expire in September next year, fell by 12.9% to 13.5 sen.PETALING JAYA: Shares in Malaysian Resources Corp Bhd (MRCB) tumbled yesterday following the firm’s surprise cash call proposal that would...
Mah Sing’s Titiwangsa land purchase seen positive
Mah Sing announced on Wednesday it will pay RM60mil for 3.6 acres in Titiwangsa, Kuala Lumpur. CIMB Research and RHB Research believed it was a reasonable price to pay.PETALING JAYA: Analysts think Mah Sing Group Bhd has found itself a bargain buy, worthy of an investment call upgrade.Mah Sing...
S P Setia expects to complete acquisition of I&P by year-end
BY S. PUSPADEVITop management: (from left) SP Setia executive vice-president and CFO Choy Kah Yew, Khor, chairman Tan Sri Dr Wan Mohd Zahid Mohd Noordin and deputy president and COO Datuk Wong Tuck Wai after the briefing.SHAH ALAM: Property developer S P Setia Bhd expects to complete the...
Termination of previous Bandar Malaysia agreement final, says Najib
BY MAZWIN NIK ANISPUTRAJAYA: A new master developer will take over Bandar Malaysia and the termination of the previous agreement is final.Prime Minister Datuk Seri Najib Tun Razak said TRX City and Bandar Malaysia will be inviting interested parties to take on the role of master developer with a...
Mah Sing back on land acquisition trail
Mah Sing group managing director Tan Sri Leong Hoy Kum(pic) said in a press statement that demand in the Klang Valley remained resilient. This is due to population and economic growth.PETALING JAYA: Property developer Mah Sing Group Bhd is back on the acquisition trail after a two-year break.The...
Big swing in UEM Sunrise Q1 profit
Commenting on the financial results, UEM Sunrise managing director and CEO Anwar Syahrin Abdul Ajib said the company’s performance for the quarter had exceeded the performance of the first quarters of 2016, 2015 and 2014, in view of strong progressive billings.PETALING JAYA: UEM Sunrise Bhd’s...
Sunway group founder recognised by RAM
Tan Sri Cheah becomes recipient of the inaugural Sustainability Icon AwardSunway Group founder and chairman Tan Sri Dato' Seri Dr Jeffrey Cheah AO (second from left) receives the inaugural RAM Sustainability Icon Award from Minister of Finance II, YB Datuk Seri Haji Johari Abdul Ghani (second from...
Mah Sing plans affordable housing in Titiwangsa, GDV RM650m
BY JOSEPH CHINBird's eye view of the Titiwangsa land which Mah Sing plans to build residential condominiums.KUALA LUMPUR: Mah Sing Group Bhd has taken its affordable housing objective one step further with a proposed residential condominium near the Taman Titiwangsa here, indicatively priced from...