News List

Matrix Concepts Rises Following Higher Sales

KUALA LUMPUR, May 23 (Bernama) -- Matrix Concepts Holdings Bhd's share price rose this afternoon after the company bucked the trend to record higher

year-on-year sales despite the weaker property market.

Teraju Approves RM97.67 Million Funds To Develop Malay Reserve, Native Land Nationwide

SEREMBAN, May 19 (Bernama) -- The Bumiputera Agenda Steering Unit (Teraju) has approved a fund of RM97.67 million for Bumiputera developers to build 50 mixed-development projects on Malay reserve and native land nationwide.

LPHS Did Not Implement Governance Action Plan, Supervision Of Bumiputra Housing Quota

SHAH ALAM, May 18 (Bernama) -- The Selangor Housing and Property Board (LPHS) was found not to have implemented the governance action plan and supervised the Bumiputra housing quota, and these need to be improved, according to the Auditor-General's Report 2015 Series 1.

HCK's Unit Signs JV Development Agreement With DBSB For Kuching Housing Venture

KUALA LUMPUR, May 18 (Bernama) -- HCK Capital Group Bhd's (HCK) 70 per cent unit, HCK Premier Builders Sdn Bhd (HPBSB), today signed a joint venture development agreement with Daya Builders Sdn Bhd (DBSB) to undertake a housing project in Kuching, Sarawak.

Managing Of Bumiputera Housing Quota In Penang Unsatisfactory - A-G's Report

GEORGE TOWN, May 18 (Bernama) -- The managing of Bumiputera Housing Quota by the Penang Government was found to be unsatisfactory, according to the Auditor-General's Report 2015, Series 1.

AG's Report: Release Of Malay Quota By Six Melaka Private Developers Exceeds Limit

MELAKA, May 18 (Bernama) -- The weak control of Malay quota for private housing projects in the state had, among others caused the excessive release of Malay quota by six developers, according to the first series of the 2015 Auditor-General's Report which was released Wednesday.

RM4 Bln Sales Target Achievable, Says SP Setia

KUALA LUMPUR, May 18 (Bernama) -- SP Setia Bhd is confident of achieving its sales target of RM4 billion this year, says President and Chief Executive Officer Datuk Khor Chap Jen.

Perak To Ensure Affordable Houses Do Not Exceed RM200,000

PARIT BUNTAR, May 18 (Bernama) -- The state government will amend its housing policy to set the price of affordable houses at not more than RM200,000, says Perak Women Development, Family, Community Welfare, Housing and Local Government Committee chairman Datuk Rusnah Kassim.

SP Setia Chalks Up Pre-Tax Profit Of RM194.3 Million In Q1

KUALA LUMPUR, May 12 (Bernama) -- SP Setia Bhd posted a pre-tax profit of RM194.3 million for the first quarter ended March 31, 2016 on the back of a RM908.5 million revenue.

Gabungan AQRS Unit, Monolight To Build PR1MA Houses For RM424.23 Million

KUALA LUMPUR, May 5 (Bernama) -- Gabungan AQRS Bhd's unit, Gabungan Strategik Sdn Bhd, and a joint-venture (JV) partner, Monolight IBS Building System Sdn Bhd, plan to build PR1MA houses in Kuantan, Pahang for RM424.23 million.

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