BY JACK WONGKUCHING: Construction firm Zecon Bhd will undertake three major housing projects providing a total of more than 5,900 homes in the state capital.The company’s chairman Datuk Hamzah Drahman said the Sarawak State Planning Authority (SPA) had approved all the three projects, two of...

BY M. HAFIDZ MAHPARAn increase in the number of visitors to Sunway's theme parks helped to boost the earnings of its property investment business.KUALA LUMPUR: Sunway Bhd recorded an 8% increase in third-quarter (Q3) earnings to RM143.6mil from a year earlier due to better performance from four of...

Khor Chap Jen (second left) receiving the award from Norliza Hashim.PETALING JAYA: Setia Eco Templer, S P Setia’s latest eco-themed township in Selayang, received an award for design excellence at the Malaysian Institute of Planners (MIP) Planning Excellence Award 2016.“It is always an honour...

BY YUEN MEI KENGUrban Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar speaks his mind about plans to help the urban poor, improve low-cost housing and tactics for the next general election.IT has only been a month since Prime Minister Datuk Seri Najib Tun Razak tabled the national...

Joint effort: (From left) Lim, Hoo and Wong launching the StarProperty.my Fair 2016 at the Kuala Lumpur Convention Centre.KUALA LUMPUR: Malaysians can tune in to Inspiring Homes on Astro next month for an exclusive peek at creative ways to build and design dream homes.The inaugural collaboration...

By Lee Yan Li lylee@thestar.com.myFrom Left Thong Mun Wai, Soam Heng Choon, Matthew Tee and Ng Seing Liong. PETALING JAYA: While the construction industry has been getting less jobs from private developers due to the softening property market since 2012, contractors have enjoyed good growth due...

KUALA LUMPUR: A massive restructuring exercise is on the cards for conglomerate Sime Darby Bhd and it would like to start hiring bankers to advise on the group restructuring.Its president/group chief executive Tan Sri Mohd Bakke Salleh told Bloomberg that being a conglomerate with hefty wide...

BY TEE LIN SAYandHANIM ADNANWahid-Rahman partnership to unleash the hidden value in PNBPERMODALAN Nasional Bhd (PNB) appears to be stirring from its slumber.In a clear move to show that Malaysia’s largest fund-management company is on a transformative path, PNB invited members of the media for a...

BY S. PUSPADEVIPETALING JAYA: Property developer Mah Sing Group Bhd saw a 8.9% jump in net profit to RM91.89mil for the third quarter ended Sept 30, 2016 from RM84.40mil in the same quarter a year ago.This was achieved on the back of a lower revenue of almost 5% at RM732.37mil from RM770.74mil, a...

BY THEAN LEE CHENG IT is obvious that IOI Properties Group Bhd (IOIPG) was determined and focused in its bid for the Central Boulevard land in Singapore’s Marina Bay area.It is also “understandable” that the deal raised quite a few eyebrows among shareholders and other parties given its...