KUALA LUMPUR: The Real Estate and Housing Developers' Association (Rehda) is optimistic of Malaysia's property sector outlook in the first half of 2018 (H1 2018) in tandem with the improvements in the country's economic conditions.Its president, Datuk Seri FD Iskandar, said the optimism was also...

MALAYSIAN RESOURCES CORPBHDBY KENANGA RESEARCHOutperform (maintained)Target price: RM1.14According to the research firm, the issue price of 79 sen represents a 20.2% discount to its theoretical ex-all price of 99 sen.“Based on the issue price of 79 sen, MRCB is looking to raise RM2.25bil from the...

Sime Darby said the disposal consideration was based on the financial position of MLDC, Genting View Resort Development Sdn Bhd (GVR), a 60%-owned subsidiary of MLDC, and Sime Darby GVR Management Sdn Bhd, a unit of MLDCKUALA LUMPUR: Sime Darby Bhd ’s unit has completed the sale of its entire...

BY DAVID TANLeft -Right: Hunza executive directors Lee Kooi Foon (first left) and MD Datuk Khor Siang Gin (third left), founder and executive advisor Datuk Seri Khor Teng Tong (fourth left), executive directors Khor Tze Ming (fifth left) and Lily Tan (sixth left) showing the book yesterday. The...

“The latest job will not increase WCT’s year-to-date job wins of RM1.05bil and its outstanding construction order book of RM5.36bil,” AmInvestment Bank said in a report yesterday.PETALING JAYA: WCT Holdings Bhd ’s newly secured RM199.5mil contract from Mass Rapid Transit Corp Sdn Bhd (MRT...

Iskandar: While challenging market conditions have affected new launches, the reduction can also be primarily attributed to financing issues such as high loan rejections and lower-than-expected margin of financing from the banks.PETALING JAYA: Malaysia’s property developers were more cautious in...

BY STEPHEN THENMIRI: Part of a rural longhouse in northern Sarawak's Marudi district caved in following the erosion of a hill slope.Marudi Civil Defence Department head Siti Naquiyah Abdullah said the hill slope started eroding on Tuesday afternoon.At least 30 people from five families have been...

BY R.SEKARANVehicles caught in a traffic jam heading towards the Penang Bridge along Jalan Tun Dr Lim Chong Eu Expressway in George Town on Wednesday. - WAN MOHIZAN WAN HUSSEIN/The StarGEORGE TOWN: Traffic heading towards the Penang bridge was almost at a standstill with bumper to bumper traffic...

BY VIKTOR CHONGviktor@mystar.com.myOver 60% of housing units sold in the first three hoursA miniature model of the Andira Park phase 2PUCHONG: TAHPS Group Bhd recently launched the Andira Park phase two landed homes at Bukit Puchong, achieving over 60% take-up rate within three hours.Khoo (center)...

Charging in the name of corporate social responsibility(Back row, from fourth left) Bursa Malaysia Bhd CEO Datuk Seri Tajuddin Atan and Koe posing with the event mascots and team Setia.KUALA LUMPUR: More than 1,933 runners took part in the The Bursa Bull Charge (TBBC) 2017 and charged through the...