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Analyst Reports 25 May 2017 | 12:00 AM

E&O 'buy', IOI Properties 'buy', RHB Bank 'buy', TM 'buy'

Eastern & Oriental Bhd’s (E&O) financial year 2017 (FY17) results were a positive surprise. Its reported net profit of RM87.7mil for FY17 was 70% above the consensus forecast of RM51.7mil and 54% above AffinHwang’s estimate of RM57mil.

Economy 12 Jun 2017 | 12:00 AM

What retail space conundrum?

PETALING JAYA: With so many malls within the Klang Valley today, calling it crowded has started to become an understatement..

Property 16 Aug 2017 | 12:00 AM

PNB: Mega tower not expected to create office space glut

KUALA LUMPUR: Permodalan Nasional Bhd (PNB) does not expect its Merdeka PNB118 mega tower to create an office space glut in the KL city centre, given sufficient demand once it is completed.

Banking 23 Aug 2017 | 5:34 AM

BNM raids five premises for suspected money laundering

KUALA LUMPUR: Bank Negara Malaysia (BNM) swooped on five premises in three states on Aug 17 for suspected money laundering while relevant documents, cash and foreign currencies were seized.

Construction 07 Sep 2017 | 10:29 AM

Mitrajaya secures two construction deals worth RM377.5mil

KUALA LUMPUR: Mitrajaya Holdings Bhd has clinched a RM333.55mil contract to construct an academic building and car park for a higher learning institution in Kuala Lumpur.

Business 27 Sep 2017 | 12:00 AM

Govt may pay up to RM400m to compensate Ampang Park owners

PETALING JAYA: The government may be paying compensation of between RM300mil and RM400mil to acquire Ampang Park mall from strata shoplot owners in order to proceed with the second mass rapid transit (MRT) line, according to sources

Business 27 Sep 2017 | 12:00 AM

Vivocom wins RM75mil job

PETALING JAYA: Vivocom Intl Holdings Bhd has won a RM75mil contract to build two blocks consisting of 372 serviced apartments and nine units of shoplots for Lembaga Tabung Amanah Warisan Negeri Terengganu.

Property 02 Oct 2017 | 12:00 AM

IOI Properties to build 900 townhouses in Bangi and Sepang

PUTRAJAYA: Township developer IOI Properties Group Bhd aims to launch a total of about 900 units of townhouses in Bandar Puteri Bangi and Warisan Puteri in Sepang with an indicative price of about RM450,000 in the last quarter of this year or the first quarter of 2018.

Business 02 Oct 2017 | 12:28 AM

Breakfast briefing: Monday, October 2

Breakfast briefing: Monday, October 2

Property 12 Oct 2017 | 12:00 AM

Tech changing office space trend as price down

Landlords are seeing a flight to quality as multinational companies (MNCs) and local corporations take advantage of the availability of better grade office space at competitive rates and attractive tenancy terms, said Knight Frank Malaysia executive director (corporate services) Teh Young Khean.