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Report: SP Setia may be affected by Brexit
Exit fear: OUB Kay Hian says SP Setia’s longer-term earnings may be impacted by lower take-up rate of its Battersea Power Station project emanating from uncertainty of prolonged economic slowdown and sentiment in the event of Brexit.PETALING JAYA: A number of Malaysian companies with investments...
Talk on transit-oriented developments for property investors
Abdul Aziz (right) will enlighten forum visitors about the future of connectivity in Kuala Lumpur and the Klang Valley.PROPERTY investors are still on the search for good property deals and many genuine buyers are leaning towards transit-oriented developments (TOD) as their choice.According to real...
Seven water disruptions in Sentul, Segambut and Kepong since May
BY VIJENTHI NAIRThe replacement of sewerage pipes in Jalan Ipoh and the surrounding areas has repeatedly damaged Syabas’ water pipes this year.THE contractor of a sewerage upgrading project had burst underground water pipes, causing water disruption in a few areas in Sentul, Segambut and Kepong...
Update ownership details, MBPJ urges property owners
BY SHEILA SRI PRIYAProperty owners in newer developments in PJU have not updated their details with MBPJ. — filepicIT IS compulsory for property owners in Petaling Jaya to update their ownership details with the Petaling Jaya City Council (MBPJ), failing which, they will be penalised.They can be...
Work in progress in Petaling Jaya
BY BRENDA CH’NGUneven roads and potholes along Jalan Gasing are a result of shoddy repair work done by contractors involved in the sewage upgrading project. — filepicFOR over two years now, most roads in Petaling Jaya have been riddled with hazardous potholes and deep pits making it a danger to...
Improve your investment knowledge
Ang: We have to go back to basics and structure our property portfolio, making it as good as possible to reach our financial goal.PETALING JAYA: Malaysians have a wide range of assets they can invest in, including property, but should ensure they are financially protected.Property investment is the...
Base rate hikes new earnings catalysts for banks, says CIMB Research
Will Maybank follow suit to raise its base rates?KUALA LUMPUR: CIMB Equities Research sees the base rate (BR) hikes for a few banks as a new earnings catalyst for the banking sector as it reaffirms its Overweight call on Malaysian banks.It said on Thursday the Overweight call was based on the...
Prasarana completes pre-qualification of LRT 3 project
“The first set of awards revolves around advanced works packages in preparing the construction sites. As of now, we have confirmed the locations of the 26 stations and have started land acquisitions,” Prasarana president and group chief executive Datuk Azmi Abdul Aziz said.KUALA LUMPUR:...
Sapura to bank on Lot 91 KLCC project
PETALING JAYA: Sapura Resources Bhd is banking on its latest Lot 91 KLCC project to be the key driver of the group’s earnings now that it has sold off its education business for RM246.99mil.Its shareholders yesterday had approved the proposal to dispose of its remaining stakes in APIIT Sdn Bhd,...
Jalan Kenari gets a facelift
BY KATHLEEN MICHAELThe entrance to Jalan Kenari 11 from the LDP is now closed.A REVITALISATION project is under way in “the dirtiest part of Subang Jaya”.The project in Jalan Kenari off Bandar Puchong Jaya is the first of its kind for the Subang Jaya Municipal Council (MPSJ) as it uses a soft...