Its outstanding order book now amounts to RM2.8 billion, which would provide earnings for the next four years. KUALA LUMPUR (Sept 5): Binastra Corporation Bhd (KL:BNASTRA) said on Thursday it has secured a construction contract worth RM283.33 million for an apartment project in Kuala Lumpur. Works on the contract are expected to be completed within…
Read MoreKUALA LUMPUR (Sept 5): Bank Negara Malaysia (BNM) is under no pressure to adjust its benchmark interest rate, despite global central banks leaning towards policy easing, thanks to stable inflation and a positive growth outlook, economists said. BNM on Thursday announced that the overnight policy rate (OPR) will remain at 3% following the Monetary Policy…
Read MoreKUALA LUMPUR (Sept 5): Kerjaya Prospek Property Bhd’s (KL:KPPROP) chief executive officer Joanne Lee Sor Phaik has resigned from her role after only slightly more than a year helming the property developer. In a filing with Bursa Malaysia on Thursday, Kerjaya Prospek Property said Lee, 54, had stepped down “to pursue personal interest”. According to…
Read MoreKUALA LUMPUR (Sept 5): Systech Bhd (KL:SYSTECH) has teamed up with Pinetop Technology Venture Sdn Bhd to develop and operate data centres. In a bourse filing on Thursday, the information technology services firm announced that its wholly-owned subsidiary, SysAIU Sdn Bhd, has entered into a collaboration agreement with Pinetop Technology Venture Sdn Bhd to establish,…
Read MoreKUALA LUMPUR (Sept 5): Sentoria Group Bhd (KL:SNTORIA) said on Thursday that Messrs Grant Thornton Malaysia PLT (GTM) has voluntarily resigned as the company’s external auditors. In a bourse filing, Sentoria said it had received a resignation notice from Grant Thornton Malaysia, dated Sept 2. However, it did not specify the reason for its departure….
Read MorePhase 2 of Ridge View is part of the larger Ridge View landed hilltop residential development in Puchong, which will be developed in six phases. KUALA LUMPUR (Sept 6): IJM Land Bhd officially launched Phase 2 of Ridge View @ Puchong on Friday. This phase was soft-launched on June 29 and has been 70% taken…
Read MorePNSB, Gagasan Nadi Cergas break ground for Rumah Idaman Amani at City of Elmina, Shah Alam The project comprises 1,063 units, spread over two towers, with built-up size of 1,000 sq ft and 1,120 sq ft. All of the units will be furnished with television, refrigerator, kitchen cabinets, closets, water heaters and air-conditioners. The selling…
Read More“At the current OPR level, the monetary policy stance remains supportive of the economy, and is consistent with the current assessment of inflation and growth prospects,” BNM said. KUALA LUMPUR (Sept 5): Malaysia’s central bank on Thursday left the benchmark interest rate unchanged as widely expected, drawing comfort from sustained economic expansion and benign inflation….
Read MoreAccording to WHO (World Health Organization) standards, there should be 1,000 people per two hectares of open space, and we need to assess if our city meets that ratio. PETALING JAYA (Sept 5): Urban regeneration is high on the agenda this year as developers, town planners, architects and industry delegates reconvene at the 15th instalment…
Read MoreThe project involves the construction of 246 business serviced apartments and 62 affordable business units, five levels of parking and other resident facilities, Inta Bina said. KUALA LUMPUR (Sept 5): Inta Bina Group Bhd (KL:INTA) has secured another construction contract from Sime Darby Property Bhd (KL:SIMEPROP) worth RM96.55 million to undertake main building and construction works…
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