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The time to invest is now

The time to invest is now

“BE fearful when others are greedy and greedy when others are fearful,” is a famous quote by billionaire investor Warren Buffett (pic) made more than three decades ago. This quote is relevant now. Some investors fear the impact of the 40-year record high inflation which is driving up prices of goods and services, and in...

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Inflationary consequences

Inflationary consequences

SARAVANAN, a minimum wage worker, complains about how he has to pay almost RM10 more for five kg of cooking oil in a span of just two years. “The price of vegetables, poultry products and processed items have all increased significantly. The only thing that doesn’t increase as much is my salary. “I’m not the...

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Sunsuria purchases agricultural land in Ijok for RM74.17mil to expand

Sunsuria purchases agricultural land in Ijok for RM74.17mil to expand

Sunsuria Bhd is paying RM74.17 million for a parcel of leasehold agricultural land in Ijok, Kuala Selangor, to expand its property development and property investment businesses. According to a filing with the Bursa Malaysia last Friday, the proposed acquisition represents an opportunity for the company to accumulate strategic industrial land. The developer has proposed purchasing...

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S P Setia partners TNB to promote solar energy in its developments

S P Setia partners TNB to promote solar energy in its developments

PUTRAJAYA (April 12): Property developer S P Setia Bhd has inked a memorandum of understanding (MoU) with Tenaga Nasional Bhd (TNB) to install solar panels across S P Setia’s upcoming residential projects. The MoU, which was signed today, marks S P Setia’s commitment towards the country’s agenda in achieving a carbon-neutral nation by 2050. Besides...

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Jentayu Sustainables plans to dispose leasehold industrial property in Petaling Jaya for RM19.99m

Jentayu Sustainables plans to dispose leasehold industrial property in Petaling Jaya for RM19.99m

KUALA LUMPUR (April 11): Jentayu Sustainables Bhd (formerly known as Ipmuda Bhd) has proposed to sell a parcel of leasehold redevelopment industrial land with warehouses and offices in Petaling Jaya for RM19.99 million cash. Jentayu Sustainables had on Thursday (April 7) entered into a conditional Sale and Purchase Agreement (SPA) with Beacon ACM Sdn Bhd...

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Property sector to benefit from re-opening of economy, says RHB IB

Property sector to benefit from re-opening of economy, says RHB IB

KUALA LUMPUR (April 11): RHB Investment Bank Bhd said the property sector should generally benefit from the re-opening of the economy and international borders. In a note Monday (April 11), the research house said it sees some potential trading opportunities as sector valuations are undemanding, at 64% discount to RNAV. “Recent news flow on the...

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The GDV for Ampang Ukay will exceed RM5bil, according to a revised masterplan by the developer, EcoFirst

The GDV for Ampang Ukay will exceed RM5bil, according to a revised masterplan by the developer, EcoFirst

EcoFirst Consolidated Bhd’s flagship Ampang Ukay township project in the upscale enclave of Bukit Antarabangsa will see the gross development value (GDV) exceed the current estimated RM5 billion under a revised masterplan. The new masterplan will consider the township’s benefit from the construction of the Mass Rapid Transit Line 3 (MRT3), said the company’s alternate...

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