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IW City suspended after MoF calls off deal, Ekovest under pressure
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...
IWC shares tumble ahead of aborted deal
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...
MoF calls off Bandar Malaysia deal
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...
Bandar Malaysia agreement with IWH CREC lapses
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...
Sunway gaining investors interests, stable growth across its businesses
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...
Businesses given a month to clean alleys
BY MELIZARANI T.SELVANor Hisham after the briefing for the MPSJ rejuvenation project in Sunway Metro at The One Academy gallery.BUSINESS owners and tenants in Sunway Metro, in Bandar Sunway, Petaling Jaya, have been given a month to clean up their back lanes under a rejuvenation programme.Subang...
Jalan Taman Tasik Prima roundabout a hazard, say residents
A ROUNDABOUT on Jalan Taman Tasik Prima in Puchong Utama, Puchong has been the site for numerous near misses and severe congestion in Taman Perindustrian Puchong.The problem started two years ago, when its initial exit on Jalan Utama 2/1 was sealed off to make way for the roundabout.The exit was...
MPAJ introduces cashless parking
BY SHALINI RAVINDRANMOTORISTS to the Ampang Jaya municipality can now pay for their parking through a cashless payment system.Ampang Jaya Municipal Council (MPAJ) has initiated an e-payment method that allows motorists to pay for public parking bays via their smartphones through the mobile parking...
Developer offering special promotion for three of its projects
Amverton Links in Klang offers houseowners peace of mind, thanks to its tight security.PROPERTY developer A&M Realty Bhd has more than 30 years of experience in building and delivering homes, especially in the Klang Valley.To provide more people with the opportunity to own a home, A&M Realty Bhd...
Grey water from homes an eco hazard
BY EDWARD RAJENDRAAll grey water should end up in waste water treatment plants, such as the one pictured, instead of in drains which eventually leads to our rivers. –filepicTHOUSANDS of old properties in Selangor are negatively impacting the environment as their waste water is being discharged...