INDUSTRY NEWS (5 JULY 2021)
Kenanga Research: Challenging times ahead for M’sia’s property sector
Tough times abound for the country’s property sector. Kenanga Research has maintained a “neutral” call on the sector on the rationale that the numerous movement control orders (MCOs) which have further pushed back the sector’s recovery trajectory, and also the fact that
Ireka Corp chairman and family trim stake, sell 21.67 million shares off market
Ireka Corp Bhd substantial shareholder Ideal Land Holdings Sdn Bhd sold 21.67 million shares via an off-market transaction last Friday. According to several bourse filings, Ideal Land — a vehicle controlled by Ireka executive chairman Datuk Lai Siew Wah and his son, who is Ireka’s
Contractors crying foul with bleak prospects of total sector re-opening
The Master Builders Association Malaysia (MBAM) together with 35 associations in the construction industry is lobbying the Government to expedite the vaccination process on construction industry workers and the building materials supply chain under Phase 2 of the
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