KUALA LUMPUR (Aug 28): Co-working and flex space provider WORQ officially launched its seventh co-working space in Menara UOA Bangsar, Kuala Lumpur last Friday (Aug 25). The new outlet has achieved 70% occupancy prior to its launch. Officiating at the new outlet opening ceremony last Friday, Ikhlas Capital chairman and founding partner Tan Sri Nazir…
Read MoreSime Darby Property said it had recorded sales totalling RM1.5 billion, representing 65% of its previously lower RM2.3 billion sales target for FY2023. It said the industrial segment was the key contributor with 40% or RM597.0 million of total sales achieved in 1HFY2023. KUALA LUMPUR (Aug 28): Sime Darby Property Bhd, having raised its sales target of…
Read MoreKUALA LUMPUR (Aug 25): Cagamas Bhd on Friday (Aug 25) signed a memorandum of understanding (MOU) with the Mortgage Refinancing Company of Uzbekistan (UzMRC) to exchange knowledge and experience in developing viable housing finance models for the growth of the secondary mortgage finance market in Uzbekistan. According to a press statement issued on Friday, the…
Read MoreKUALA LUMPUR (Aug 25): Construction of the East Coast Rail Link (ECRL) project has achieved 48.77% progress, said Malaysia Rail Link Sdn Bhd (MRL) chairman Tan Sri Mohd Zuki Ali (pictured). The chief secretary to the government said the progress was in line with the development of the project from Kota Bharu, in Kelantan, to…
Read MoreKUALA LUMPUR (Aug 24): Eupe Corp Bhd remains “on track to return to double-digit revenue and profit growth as it continues to successfully execute its expanded project pipeline”. This was revealed by group managing director Datuk Beh Huck Lee today at the group’s annual general meeting. In a media release, Beh mentioned that results for…
Read MoreKUALA LUMPUR (Aug 24): SkyWorld Development Bhd has partnered with Maybank to offer MyDeco, an innovative home interior makeover financing scheme, to all SkyWorld’s homeowners. According to a media release by SkyWorld, the collaboration provides its homeowners with “a seamless solution for enhancing their living spaces”. Maybank MyDeco is a “first-of-its-kind, home renovation financing scheme…
Read MoreKUALA LUMPUR (Aug 24): Developer Arte Corp is collaborating with AFFIN BANK Bhd to provide homebuyers with financing solution via the AFFIN Home Step Fast/i campaign. In a media release today, Arte Corp stated the many benefits of the AFFIN Home Step Fast/i such as: i) the option for lower monthly repayments for the initial…
Read MoreKUALA LUMPUR (Aug 24): Eco World International Bhd announced that its board of directors decided today to declare and pay a first tranche dividend amounting to RM792,000,587.40, representing 33 sen per share as an interim dividend in respect of FY2023 (first interim dividend). In a media release, Eco World International stated that the declaration of…
Read MoreEastern and Oriental Bhd said its revenue increase was mainly attributed to the sales of the Arica project on Andaman Island in George Town, Penang. (E&O web pic) KUALA LUMPUR: Eastern and Oriental Bhd (E&O) has returned to the black in the first quarter for the financial year ending March 31, 2024 (Q1 FY2024) with…
Read MoreKUALA LUMPUR (Aug 22): SkyWorld Development Bhd’s SkySierra Residences received 86% in Quality Assessment System in Construction (QLASSIC) score and 92.63% Safety and Health Assessment in Construction (SHASSIC) score for its high-rise residential development in Setiawangsa, Kuala Lumpur. It is also the highest score the company has received to date. In a press statement dated…
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