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Press & Analyst Briefing of PPB Group Berhad: (From left) MD of Chemquest Group Leong Yew Meng; PPB Group's head of corporate affairs & chief executive of GSC Koh Mei Lee; director of PPB Group and MD of FFM Group Datuk Ong Hung Hock; MD of PPB Group Lim Soon Huat; Head of corporate strategy &...

JOHOR BARU: Unlicensed real estate agents may be fined up to RM300,000 and face jail time as well, the body in charge has reminded.The Malaysian Institute of Estate Agents (MIEA) said the newly amended Valuer, Appraisers and Estate Agents (Amendment) Act empowered the police to act against such...

BY WONG PEK MEIKUALA LUMPUR: The move to save Taman Rimba Kiara is now a court battle.Residents of Taman Tun Dr Ismail (TTDI) have filed a case against Kuala Lumpur City Hall (DBKL) and Kuala Lumpur mayor Datuk Mohd Amin Nordin Abdul Aziz to stop a proposed housing development in Taman Rimba...

High-Speed Rail seminar panelists in action.SINGAPORE: UEM Sunrise Berhad (“UEM Sunrise” or the “Company”), one of Malaysia’s leading property developers, together with Nusajaya Tech Park, hosted the inaugural High-Speed Rail (“HSR”) seminar as part of the ASEAN Market Insights...

IOI Properties Group Berhad (“IOIPG”), recorded a revenue of RM1,195.3 million for Q4 2017 which is RM303.6 million or 34% higher than the preceding year corresponding quarter. After excluding fair value gain on investment properties of RM48.8 million, the Group’s operating profit for the...

BY EDWARD RAJENDRABusiness operators are seeing red over the closure of the exit road from Jalan Zapin 3A and Jalan Zapin 2 into Jalan Meru with the construction of a concrete median.BUSINESS operators along Jalan Zapin 3A in Taman Mutiara 3, Klang, want the Public Works Department (JKR) to reopen...

Property trust: A total RM1.1bil worth of assets will be injected into WCT REIT, including the Paradigm Mall in Petaling Jaya.PETALING JAYA: WCT Holdings Bhd is delaying the listing of its Real Estate Investment Trust (REIT) from the end of 2017 to the second quarter of 2018, said...

Group managing director Tan Sri Leong Hoy Kum(filepic) said the group’s net cash position as at June 30, 2017 provided the group with opportunities to expand its land bank, particularly in the Klang Valley.PETALING JAYA: Mah Sing Group Bhd net profit rose to RM90.39mil in the second quarter...

Topped out: (from left) Projek 57 co-founder Collin Swee, Star Media Group MD and CEO Datuk Seri Wong Chun Wai, Projek 57 co-founder Syed Sadiq Albar, Eco World director Datuk Noor Farida, Eco Sky divisional GM Evon Yap, Eco World chairman Tan Sri Liew Kee Sin, Kerjaya Prospek Group executive...

Bird's eye view of the Titiwangsa land which Mah Sing plans to build residential condominiums.KUALA LUMPUR: CIMB Equities Research is retaining its Add call on Mah Sing Group at its target price of RM1.85.“More land acquisitions would enhance its sales outlook and potentially improve investor...