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Business 09 Jul 2011 | 12:00 AM

First MRT line likely to cost RM20bil

KUALA LUMPUR: Although the actual cost of the country's first mass rapid transit (MRT) system will be disclosed in September due to a 50% reduction in land acquisition and other tweaks to the initial alignment, estimates have put the price tag for the first of three lines at around RM20bil.

Business 19 Jul 2011 | 12:00 AM

Warisan TC gets pick-up deal

PETALING JAYA: Warisan TC Holdings Bhd will assemble and market Chinese light-duty trucks in Malaysia, thereby extending the company's light commercial vehicles product range.

Business 12 Aug 2011 | 12:00 AM

Govt to acquire 600 lots of land for MRT project

KUALA LUMPUR: The Government will be acquiring between 500 to 600 lots of private land for the My Rapid Transit (MRT), which is about 20% of the total land area needed.

Business 25 Aug 2011 | 12:00 AM

EPIC receives takeover offer

PETALING JAYA: Oil and gas service provider Eastern Pacific Industrial Corp Bhd (EPIC) received an unconditional take-over offer by its major shareholder, the Terengganu state government, to acquire the remaining 32.76% in the company for RM3.10 per share cash.

Business 27 Sep 2011 | 12:00 AM

Director not in favour of takeover offer for EPIC

PETALING JAYA: A director of Eastern Pacific Industrial Corp Bhd (EPIC) is not in favour of the takeover offer for the group.

Business 06 Oct 2011 | 12:00 AM

Shareholders of EPIC accept takeover offer

KUALA LUMPUR: The takeover offer of Eastern Pacific Industrial Corp Bhd (EPIC) by its offerors has been validly accepted by shareholders.

Business 01 Nov 2011 | 12:00 AM

Oversupply of retail and office space

KUALA LUMPUR: The Klang Valley will face an oversupply of office and retail space within the next two to three years, according to property consultancy CB Richard Ellis (M) Sdn Bhd.

Business 28 Nov 2011 | 12:00 AM

Influx of office space in Klang Valley worsens oversupply situation

KUALA LUMPUR: An influx of office space in the Klang Valley is putting a downward pressure on yields.

Business 20 Dec 2011 | 12:00 AM

ASB unitholders to get 7.65 sen dividend per unit

KUALA LUMPUR: Amanah Saham Bumiputra (ASB) unitholders will receive a dividend of 7.65 sen per unit for the financial year ending Dec 31, 2011 compared with 7.5 sen last year.

Business 24 Dec 2011 | 12:00 AM

The Pudu Jail transformation

THE decision to transform the Pudu Jail site into a prominent landmark in Kuala Lumpur has set tongues wagging among industry observers and experts within the local property scene.