Investment
To dispel the confusion as to why the price announced by China Railway for a majority stake in the Bandar Malaysia project was significantly lower than the amount previously reported, 1Malaysia Development Bhd (1MDB) said the figure represents the net equity value of the mega development and not the land sale valuation. Last Thursday, 1MDB … Read more
KUALA LUMPUR: Mah Sing Group Bhd has commenced works on four towers C, D, E and F of its Lakeville Residence project in Taman Wahyu, Kepong. Construction for Tower A and Tower B had started in 2014. In a statement yesterday, the property developer said the project, which has an estimated gross development value of … Read more
KUALA LUMPUR: Eco World Development Group Bhd is expected to start construction of the RM8.7bil Bukit Bintang City Centre (BBCC) project by the first quarter of next year. Chief executive officer Datuk Chang Khim Wah said upon getting the development approval from the Kuala Lumpur City Hall, the company would prepare the pre-marketing for the … Read more