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...

BY SYED AZHARKUALA LUMPUR: Over the past seven years, United Engineering Malaysia (UEM) Group Berhad have displayed giant Malaysian flags in their headquarters here without fail as a show of patriotism in conjunction with the National Day celebrations.This year was no different, as they unfurled a...

BY YVONNE T. NATHANTMRA Zone ABC members at a dialogue session with MPAJ president Abdul Hamid Abdul Hussain (seated at end of table, in white).DESPITE a long list of priorities to manage, Taman Melawati Residents’ Association (TMRA) Zone ABC says safety and the environment are of the utmost...

PDC deputy general manager Hartini Ali (with blue tudung) explaining the project to visitors after the ground-breaking ceremony. — Photos: MUSTAFA AHMAD/The StarTHE biggest multi-purpose hall in north Seberang Prai in Penang will soon be built in Ampang Jajar, Butterworth.The RM42.6mil...

RATEPAYERS in mainland Penang who settle the second half of their annual assessments before National Day — the deadline — will get five free parking coupon books worth RM20.Those who are late will have to cough up RM10 as penalty.“The counter is closed for National Day, but you can still pay...