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PETALING JAYA: MRCB-Quill real estate investment trust (MQREIT) posted a loss of RM24.38mil for the fourth quarter ended Dec 31,2019, compared to a net profit of RM8.05mil a year ago.
FOR months, the question was who will get it. The bidding war for the prized asset that is PLUS Malaysia Bhd attracted bidders far and near, with many of the local personalities the ones that have eyed the expressway company before.
RETAILERS will need to rethink their business models with the advent of digital disruption and consumers’ growing preference for online shopping.
THEY can’t promise you a glamorous building with white picket fences, but the prefabricated, or widely known as prefab, schemes have been tagged as a clever and industrious way to build homes efficiently and affordably and they are gaining a reputation as a viable solution for the built environment.
BACK in the early 2000s, the thought of running his family’s prefabricated container business did not really cross James Yeoh Chor Guan’s mind. The UK-educated mechanical engineer was, after all, working with one of the world’s largest consultancy firms in Singapore. The perks were good and so was the prestige.
IF it was “Dr Mahathir Mohamad” version 1.0, PLUS Expressways Bhd (PLUS) would have probably been awarded to one of the four private companies that had thrown in their bids for the most valuable highway.
Factories in second or lesser tier cities have already embraced automation and artificial intelligence, which is a scary warning to Malaysia and the rest of the world of what can be expected in the years ahead.