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KUALA LUMPUR: Felda Investment Corporation Sdn Bhd sold 25 million Iris Corporation shares on Wednesday.
IJM Corp, via its wholly-owned subsidiary IJM Construction Sdn Bhd, has secured the underground package of the Light Rail Transit Line 3 (LRT 3) from Bandar Utama to Johan Setia for a contract sum of RM1.12bil from Prasarana Malaysia Bhd.
KUALA LUMPUR: Bank Negara Malaysia has proposed a five-pronged strategy as a holistic approach to effectively bridge the affordable housing gap in Malaysia.
KUALA LUMPUR: Construction projects worth RM350bil are expected to come onstream over the next two to three years with the announcement of Budget 2018.
KUALA LUMPUR: Investment banks demanding for the Broad Property Sector (BPS) guideline to be scrapped are taking a short-term view and should consider the long-term systemic implications of an over-exposure to the property sector and not just focus on their own commercial gains, said Bank Negara Malaysia (BNM).