BY HO WAH FOONPETALING JAYA: The news on Wed­nesday that the Finance Minis­try (MoF) has called off a deal to sell 60% of Bandar Malaysia – a mega property development project estimated to have a gross development value of RM160bil when completed in 20 years – has sent shockwaves through the...

BY M. HAFIDZ MAHPARKUALA LUMPUR: IWH CREC Sdn Bhd (ICSB), the consortium of Iskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway Engineering Corp (M) Sdn Bhd (CREC), takes the termination of the Bandar Malaysia development agreement very seriously.IWH CREC said in a statement that it was...

BY TOH KAR INNGoing forward, I-Bhd deputy chairman Datuk Eu Hong Chew said that the group’s property development division would be kept busy developing a mix of 14 residential and commercial towers to be built over the next 10 years in i-City. The projects are expected to fetch a gross...

KUALA LUMPUR: CIMB Equities Research expects Sunway REIT’s earnings to remain buoyant, underpinned by positive rental reversions and high occupancy rates at its retail assets, particularly Sunway Pyramid and Sunway Carnival.However, it still foresees slower growth from its hotel assets for FY17F,...

BY JOSEPH CHINKUALA LUMPUR: Trading in the securities of Iskandar Waterfront City Bhd (IWCity) is believed to have been voluntarily suspended on Thursday after the Ministry of Finance (MoF) called off the Bandar Malaysia deal.However, another related company, Ekovest saw its share price falling to...

PETALING JAYA: Iskandar Waterfront City Bhd’s (IWC) share price tumbled 14 sen or 4.35% to close at RM3.08 yesterday, ahead of TRX City Sdn Bhd announcing that the share sale agreement entered between the Government through TRX City, Iskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway...

PETALING JAYA: The prime movers of the development of Bandar Malaysia, the consortium called ICSB comprising Iskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway Engineering Corp (M) Sdn Bhd (CREC), have found themselves out of the deal to develop the choicest piece of land in the...

KUALA LUMPUR: TRX City Sdn Bhd – which is under the Ministry of Finance (MoF) – announced on Wednesday that the Bandar Malaysia development agreement with the consortium of Iskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway Engineering Corp (M) Sdn Bhd (CREC) has...

BY DALJIT DHESIPETALING JAYA: Sunway Bhd is gaining investors interests as many have begun to realise the deep value in the company and the stable growth of all its businesses.Its share price has risen by over 16% year-to-date, outperforming the FBMKLCI Index by 7.8 percentage points (ppt) but...

BY DALJIT DHESIPETALING JAYA: Sunway Bhd is gaining investors interests as many have begun to realise the deep value in the company and the stable growth of all its businesses.Its share price has risen by over 16% year-to-date, outperforming the FBMKLCI Index by 7.8 percentage points (ppt) but...