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Business

Govt considers setting up body to regulate property industry

KUALA LUMPUR: The Government is considering the setting up of a body to regulate the property industry.

Business

Gabungan AQRS sets placement share price at RM1.35

PETALING JAYA: Construction and property development outfit Gabungan AQRS Bhd has set the price of its placement shares at RM1.35 apiece.

Business

Banks: High debts, insufficient income main factors for housing loan rejections

KUALA LUMPUR: High debt service ratio (DSR), adverse credit history, insufficient income, repayment capacity and weak documentation or banking records are the main factors why applications are unable to obtain housing loans.

Business

Loan criteria review won't resolve affordable housing issue

PETALING JAYA: Access to financing is not the main issue in affordable housing, said Bank Negara.

Business

MIDF Research upgrades Gabungan AQRS earnings by 23%

PETALING JAYA: MIDF Research has upgraded its earnings estimates for Gabungan AQRS Bhd by RM8.8mil or 23.03% and RM72.1mil or 16.3% for its revenue estimates on the back of two major developments.

Business

MIDF Research upgrades Gabungan AQRS earnings by 23%

KUALA LUMPUR: MIDF Research upgraded its earnings estimates for Gabungan AQRS Bhd by RM8.8mil or 23.03% and RM72.1mil or 16.3% for its revenue estimates for FYE17/18/19 on the back of two major developments.

Business

Gabungan AQRS plans to acquire Monolight for RM26mil

PETALING JAYA: Construction and property development firm Gabungan AQRS Bhd is acquiring an industrialised building system (IBS) company that is majority owned by Nirvana Asia Ltd founder Tan Sri Kong Hon Kong, to be paid in Gabungan shares.

Business

Rebalancing the housing market

Napic: Authorities and developers need to address the overhang situation.

Business

PR1MA signs agreement to raise RM5bil working capital

PUTRAJAYA: Perbadanan PR1MA Malaysia has signed an agreement with four banks to raise RM5bil through a combination of a sukuk programme and revolving credit facility, to be used as a medium-term credit facility to support its commitment to 89 PR1MA projects.

Business

Diary Malaysia Wednesday June 21

KUALA LUMPUR: ALL TIMES ARE PROVISIONAL AND IN LOCAL TIME FOLLOWED BY GMT IN BRACKETS