BY LEONG HUNG YEEIts shares have risen 12% after the company says it will sell 40% of Duke concession to EPFSHARES of Ekovest Bhd have risen almost 12% since the Employees Provident Fund (EPF) expressed interest to buy 40% of its Duta-Ulu Kelang Expressway (Duke) highway concession.On Wednesday,...

BY SHALINI RAVINDRANOPERATING procedures and work processes within Kuala Lumpur City Hall (DBKL) will be reviewed following the arrest of one of its senior officials for charges of corruption and money laundering.A task force comprising DBKL’s top management and the Malaysian Anti-Corruption...

PETALING JAYA: Bank Negara’s international reserves rose RM570mil or US$200mil to RM392.49b or US$97.7b at Sept 15 from two weeks ago.The central bank in a statement said that the reserves position was sufficient to finance 8.1 months of retained imports and is 1.2 times the short-term external...

SP Setia previews of its upcoming luxury residential tower, ViiA Residences which is a component of the 25-acre integrated green luxury development, KL Eco City. From left are Tony Ling, SP Setia deputy president and COO Datuk Wong Tuck Wai, SP Setia president, CEO Datuk Khor Chap Jen and SP Setia...

PETALING JAYA: Berjaya Land Bhd (BLand) is proposing to acquire 871.01 acres in Ulu Selangor from BerjayaCity Sdn Bhd (BCity) in a related party transaction worth RM155mil.In a filing with Bursa Malaysia yesterday, BLand said the proposed acquisition provides an opportunity for the BLand group to...

BY KATHLEEN MICHAELPart of the road shoulder along USJ 6/7 is without fencing following a stop-work order issued by MPSJ after some residents complained about lack of parking space.THE residents association (RA) and Rukun Tetangga (RT) committee in USJ 6, Subang Jaya are not seeing eye-to-eye on...

BY STUART MICHAELYoung Syefura (standing left) addressing Taman Suntex residents during a meeting on the proposed plan to build an elevated ramp through the area.ABOUT 100 residents including business operators and traders from Taman Suntex gathered at the community hall in Batu 9, Cheras, to...

THE Seberang Prai Municipal Council (MPSP) has planted a total of 10,658 trees from 2008 until Aug 31.Council president Datuk Maimunah Mohd Sharif said 51,800 more were planted by property developers and another 2,754 trees were planted by the public through corporate social responsibility and...

KUCHING: The Sarawak government will not adopt the move to allow housing developers to provide loans to buyers, and willcome up with its own financing scheme instead, says Datuk Amar Abang Johari (pic).The state Deputy Chief Minister said the idea proposed by the Urban Well-being, Housing and Local...

BY NURUL ASMUI MD AZMIasmui@propwall.com(From left) Chew, Malaysian Institute of Estate Agents president Erick Kho, Yeo, Towle, Mah Sing Group chief executive officer cum executive director Ho Hon Sang, IJM Land managing director Edward Chong and Toh.PROPERTY experts at a round-table discussion on...