Perbadanan Nasional allocates RM410 million for investments in 2016

Perbadanan Nasional Bhd (PNS) has allocated RM410 million worth of investments and financing for this year as it sees opportunities in the property and equity investment markets, reported The Sun Daily. “We are always monitoring, we are looking at business opportunities and evaluating business proposals on equity investments, in which we invest in companies for … Read more

Bandar Malaysia Stake Buy To Generate Returns To People Of Johor

JOHOR BAHARU, Jan 3 — The move by the state government to acquire a stake in Bandar Malaysia Sdn Bhd is expected to generate profits that will be used towards enhancing the well-being of the rakyat. Johor Menteri Besar Datuk Seri Mohamed Khaled Nordin said entering the shares acquisition tender as a bidder and subsequently … Read more

Bandar Malaysia Deal Boost For Property Market

PETALING JAYA, Dec 5: The recent sale of a 60% stake in Bandar Malaysia to a Malaysia-China consortium is a boost for local property market sentiment in the new year, with significant positive implications, according to AmResearch. On Dec 31, 2015, 1Malaysia Development Bhd announced that Iskandar Waterfront Holdings Bhd (IWH) and China Railway Engineering … Read more