Boo Kuang Loon returns as Yong Tai CEO
Melaka-based tourism-themed developer Yong Tai Bhd has reinstated Datuk Wira Boo Kuang Loon as its chief executive officer (CEO), nearly nine months after his initial resignation on May 10, 2023.
Haily bags RM45.8 mil construction job to build houses in Johor
Haily Group Bhd has bagged a RM45.8 million contract to build 120 double-storey houses in Kulai, Johor, from a subsidiary of IOI Properties Bhd.
Service tax hike and high value tax implementation to weigh on consumers’ sentiment, says CLMT
The imminent service tax hike and the implementation of luxury goods tax this year could weigh on consumers’ sentiment, but the impact is yet to be seen for CapitaLand Malaysia Trust (CLMT), said the trust’s chief executive officer Tan Choon Siang.
CapitaLand Malaysia REIT Management chairman Lui Chong Chee resigns, to be replaced by Ng Tiong Lip
Lui Chong Chee has resigned as chairman and non-executive and independent director of CapitaLand Malaysia REIT Management Sdn Bhd (CMRM), manager of CapitaLand Malaysia Trust (CLMT), with effect from Feb 1.
Oriental Interest sees 42% rise in 1Q profit
Earnings per share increased to 3.41 sen from 2.41 sen.
Loss-making Avillion under spotlight as Daim charged in court
Avillion and 23 of its subsidiaries were listed among the 71 assets in the Malaysian Anti-Corruption Commission’s charge sheet, in its case against Daim.
Pavilion REIT’s 4Q net property income up 39%, pays 4.6 sen DPU
Pavilion Real Estate Investment Trust (Pavilion REIT) said its net property income (NPI) rose 38.97% to RM134.64 million for the fourth quarter ended Dec 31, 2023 (4QFY2023), from RM96.89 million a year earlier, due to increased revenue from its malls, including newly acquired Pavilion Bukit Jalil.
Sentral REIT's 4Q NPI up 30%, declares 0.68 sen DPU
Sentral Real Estate Investment Trust (Sentral REIT)'s net property income (NPI) rose 30.21% to RM36.26 million for the fourth quarter ended Dec 31, 2023 (4QFY2023), from RM27.85 million a year earlier, on the back of higher revenue.
YNH Property says it has received offers for its Mont'Kiara mall
Property developer YNH Property Bhd said it has received offers to buy its Mont'Kiara retail shopping mall, which sits on a six-acre land, and is expected to finalise the selection of the buyer in a month.
Rapid Synergy reveals land disposal involves freehold parcel in KL worth RM39m
Rapid Synergy said the land in question is a freehold piece of land that was amalgamated from three parcels in Sri Hartamas here.
