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Make it convenient for people, MPK urged
Haphazard parking along Jalan Tengku Kelana leads to daily traffic congestion. — Photos: FAIHAN GHANI/The StarTHE Klang Municipal Council (MPK) should adopt a more people-friendly approach when redesigning Jalan Tengku Kelana, the main street of Klang’s Little India.Independent Urban design...
Doubt over DRealty’s ability to remain a going concern
BY M. HAFIDZ MAHPARCountry Garden Malaysia regional chief executive officer Fu Jinling (right) and DRealty CEO Brian Iskandar Zulkarim (left) looking at the property scale model of Country Garden Central Park in March.KUALA LUMPUR: Damansara Realty Bhd’s (DRealty) external auditors have warned of...
Retention pond being upgraded to slow down water flowing from hills
BY CHONG KAH YUANAssemblymen, DID and management body staff inspecting the retention pond behind Sri Impian Apartments in Bandar Baru Air Itam.The state has identified the cause of the recent flash floods which hit Lebuhraya Thean Teik in Bandar Baru Air Itam, Penang.“The area was hit by flash...
M-Mode to get new shareholder, business revamp
BY TEE LIN SAYPETALING JAYA: There was an off-market transaction of 61.068 million shares or a 37.5% stake of M-Mode Bhd at the price of 30 sen a share yesterday, suggesting that its single largest shareholder and group managing director Datuk Lim Thean Keong is exiting the company.Lim is the...
Merawan trees to be planted in Rawang township
BY STUART MICHAELSome of the chopped pine trees along Jalan Desa Utama at Bandar Country Homes, Rawang.SELAYANG Municipal Council (MPS) will plant Merawan trees at Bandar Country Homes in Rawang to replace the old pine trees that were felled in the township earlier this month.Council Landscape...
I-Bhd to showcase projects at StarProperty.my Fair
BY EUGENE MAHALINGAMI-Bhd executive chairman Tan Sri Lim Kim Hong (left) and Star Media Group Bhd group MD and CEO Datuk Seri Wong Chun Wai (right) at the launch of StarProperty.my Fair (i-City Edition).SHAH ALAM: Star Media Group Bhd, together with property developer I-Bhd, have launched the...
Mah Sing Q1 earnings at RM90.4m, remaining GDV and unbilled sales RM31.5b
BY LEONG HUNG YEEMah Sing group managing director Tan Sri Leong Hoy Kum.KUALA LUMPUR: Mah Sing Group Bhd posted a net profit of RM90.42mil on the back of RM723.5mil revenue in the first quarter ended March 31, 2017 (Q1, FY17).The property developer’s pre-tax profit rose 6.9%, or RM7.8mil to...
Sime Darby posts Q3 earnings of nearly RM700m
BY JOSEPH CHINSime Darby president and group chief executive, Tan Sri Mohd Bakke Salleh said the group’s year-to-date results for FY2017 have largely been supported by higher crude palm oil (CPO) prices.KUALA LUMPUR: Sime Darby posted earnings of RM699mil in the third quarter ended March 31,...
Ekovest posts RM11.06mil Q3 net profit
PETALING JAYA: Ekovest Bhd’s net profit for its third quarter ended March 31, 2017 was flat at RM11.06mil compared with RM11.08mil in the previous corresponding period, while revenue in the third quarter rose to RM291.75mil from RM184.77mil a year earlier.In a filing with Bursa Malaysia...
Penang govt’s loan plan continues to draw questions
BY TAN SIN CHOWGEORGE TOWN: The state government’s decision to get a loan from a state-owned bank in China as “bridging finance” to carry out Phase 1 of the Penang Transport Master Plan (PTMP) continues to draw questions.Penang MCA chairman Datuk Tan Teik Cheng questioned the state’s need...