Tower REIT’s 4Q2016 net property income drops 31.9%
The trust declared a final income distribution of 3.73 sen per unit, payable on Feb 28.
Guocoland 2Q profit jumps on land sale
Gain from one land sale has lifted Guocoland (M) Bhd’s net profit to RM110.8 million, or 16.54 sen per share, for the second financial quarter ended Dec 31, 2016.
TA Securities expects market headwinds to persist for property sector
TA Securities Research has maintained its “Underweight” rating on the property sector, as “weak market sentiment, increasing supply and tight lending environment are expected to weigh on property sales”.
Gadang to develop RM160 mil townhouse project in Puchong
The builder said its indirect wholly-owned subsidiary, Tema Warisan Sdn Bhd, yesterday inked a joint-venture agreement with Perikatan Progresif Sdn Bhd for the development on a 17.5-acre leasehold land.
Rafizi: MRT Line 1's RM21 bil cost excludes RM7 bil paid to consultant
Rafizi has been vocal towards the issues surrounding the MRT project, which he claimed would reach more than RM100 billion upon completion.
Mitrajaya bags RM183.44m West Coast Expressway job
Mitrajaya Holdings Bhd has bagged a RM183.44 million contract from concessionaire West Coast Expressway Sdn Bhd to build Section 2 of the West Coast Expressway (WCE) from the South Klang Valley Expressway interchange to the Shah Alam Expressway interchange.
YNH in talks to sell Pantai Hospital Manjung
The group, through its wholly-owned subsidiary YNH Hospitality, said it is currently in talks with PMC for the sale of the five-storey hospital facility.
