BY P. ARUNAPETALING JAYA: Ekovest Bhd is selling a 40% stake in Konsortium Lebuhraya Utara-Timur (KL) Sdn Bhd (Kesturi) for RM1.13bil cash to the Employees Provident Fund (EPF).The deal values Kesturi, which is the concession holder of the Duta-Ulu Kelang Expressway (Duke), at about...

BY CECILIA KOKGovernor’s view: Muhammad says financial inclusion is a global priority to address the widening income inequality gap.KUALA LUMPUR: Bank Negara’s concept papers on financial technology (fintech), which will eventually form a guideline on the matter for financial institutions in...

BY CAITLYN NG LI YUINliyuin@ocision.comIJM Land Bhd managing director Edward ChongPETALING JAYA: The Government should consider providing more support to first­-time homebuyers in terms of downpayment and playing a greater role in public housing development.Some of the main challenges developers...

BY CAITLYN NG LI YUIN liyuin@ocision.comPutrajaya has undergone massive development since becoming Malaysia’s third Federal Territory, but still retains many green sanctuaries and fascinating attractions that visitors can explore to their hearts’ content.Many people know that Putrajaya is the...

PETALING JAYA: Avista, the newest residential development in Warisan Puteri, debuted with great aplomb and achieved over 75% take-up rate since its launch three days ago.According to the statement, Avista comprises 182 units of freehold two-storey terrace houses with built-up spaces from 2,277 sq...

BY THEAN LEE CHENGProposed sale: The Raintree Club of Kuala Lumpur was set up in 1983. There is a proposed resolution to dissolve the club, sell the 6.2 acres it is sited on and sale proceeds distributed to its 2,000 members.PETALING JAYA: Another club may end up giving way to development, days...

Jagdeep (centre), Malaysian Institute of Estate Agents (Penang branch) chairman Mark Saw (on Jagdeep’s left) and other officials posing for a photo after the press conference at Komtar, George Town.THE Malaysian Secondary Property Exhibition (Maspex) returns for the fourth year.This year, the...

PETALING JAYA: Property group LBS Bina Group Bhd continues to focus on affordable properties on its upcoming launches.LBS managing director Tan Sri Lim Hock San said on a media briefing last week that LBS will be actively launching more affordable housing up until next year, adding that most of...

BY S. PUSPADEVIIoT-ready project: Madius (second from right) at the press conference after the strategic partnership signing ceremony. With him are (from left) Eu, Lim and Chee SiongSHAH ALAM: Property developer I-Bhd has tied up with Huawei, a leading information and communications technology...

PETALING JAYA: Infrastructure jobs awarded during the first half of 2016 amounted to RM30bil, exceeding the value of jobs given out in 2015 at RM26bil.Maybank Investment Bank (IB) Research said the RM30bil, according to statistics from the Construction Industry Development Board, included about...