Bursa Malaysia confirms in final talks to move its HQ to TRX
Bursa Malaysia Bhd (KL:BURSA) said it is in final negotiations with the developer of The Exchange 106 at Tun Razak Exchange (TRX) to move its headquarters to TRX.
Trive Property proposes two-for-five bonus issue of warrants
Trive Property Group Bhd (KL:TRIVE) has proposed a bonus issue of warrants on the basis of two warrants for every five existing shares, to reward its shareholders and strengthen its financial position and capital base.
Glomac 4Q net profit up 8% on fair value gain on investment property, pays 1.25 sen dividend
Property developer Glomac Bhd’s net profit rose 8% to RM15.34 million for the fourth quarter ended April 30, 2024 (4QFY2024), from RM14.1 million a year ago, thanks to its recognition of RM17 million fair value gain on investment property.
YNH Property appoints UHY for independent review of JV, turnkey contracts
Property developer YNH Property Bhd (KL:YNHPROP) has appointed UHY as a special independent reviewer to assess certain joint venture (JV) and turnkey contracts entered into by its unit, Kar Sin Bhd.
Bintai Kinden bags RM22 mil contracts to build houses in Muar
Mechanical and electrical services specialist Bintai Kinden Corp Bhd (KL:BINTAI) has secured two sub-contracts with a combined value of RM22.3 million to build double-storey houses in Muar, Johor.
S P Setia says it has started pre-IPO works for REIT
S P Setia Bhd (KL:SPSETIA) says it has started pre-IPO (initial public offering) preparatory works to explore the establishment of a real estate investment trust that will have a diverse asset portfolio.
Syed Mokhtar's firm buys S P Setia's Tebrau land for RM564 mil cash
S P Setia Bhd (KL:SPSETIA), which previously failed to sell its 959.72-acre Tebrau land to Scientex Bhd (KL:SCIENTX) due to Bumiputera requirement issues, has finally sold the plot to a company linked to tycoon Tan Sri Syed Mokhtar Albukhary for RM564 million, cash.
Vizione wins RM250m construction job to build apartments in Semenyih
Vizione Holdings Bhd (KL:VIZIONE) has bagged a RM250 million contract to construct apartments in Semenyih, Selangor, in a related-party transaction.
E&O to launch properties with estimated RM1.63b GDV in Penang
In view of the healthy take-up rate of its properties in Penang, Eastern & Oriental Bhd (KL:E&O) plans to launch three new projects in the state with an estimated gross development value (GDV) of RM1.63 billion in 2024 and 2025.
Kerjaya Prospek Property to launch two projects with combined GDV of RM395m this year
Kerjaya Prospek Property Bhd (KL:KPPROP) plans to launch two new residential projects in the Klang Valley with a combined gross development value (GDV) of RM395 million this year.
