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Group supports government’s move to boost home ownership
KUALA LUMPUR: SkyWorld Development Group recorded over RM1bil in sales in the financial year ended March 31, 2021 (FY21).
AFTER three years of vacillating on mega projects from the very top in Putrajaya, the construction industry can now breathe a sigh of relief. Industry players can finally catch a break, and the largest one at that, with the first phase of Bandar Malaysia slated to kick off early next year.
“NEXT station, Bandar Malaysia, Kuala Lumpur, Malaysia’s Rail Transportation Hub and a 21st Century Intelligent City”.
PETALING JAYA: Bandar Malaysia, slated to be a hub for global multinationals and Fortune 500 companies, has the opportunity to become a game-changer for foreign investors into Malaysia but there will be hurdles in achieving that.
KUALA LUMPUR: Malaysian Rating Corporation (MARC) revised the outlook on its ratings on Konsortium Lebuhraya Utara-Timur (KL) Sdn Bhd’s (Kesturi) two tranches of debts notes to stable from negative.
PETALING JAYA: A review of the Mass Rapid Transit Line 3 (MRT3) or MRT Circle Line project, which was suspended earlier, is under way and various new funding options, including possibly getting real estate developers and owners to partially fund the project may be explored.
PETALING JAYA: Ekovest Bhd has entered into a strategic collaboration agreement with China Railway Dongfang Group Sdn Bhd (CRDF) to establish a broad-based multi-angle and non-exclusive collaboration and strategic cooperation arrangement.
KUALA LUMPUR: Malaysian Rating Corporation Bhd (MARC) has affirmed its rating of AA-IS on toll concessionaire Lebuhraya DUKE Fasa 3 Sdn Bhd’s (DUKE 3) RM3.64bil Sukuk Wakalah. The rating outlook remains negative.