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News by M

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Prestariang acquires eight properties for RM25.5 mil

27 January, 2017

Prestariang Bhd has proposed to acquire eight properties at Star Corporate Park, Star Central@Cyberjaya for RM25.5 million, to accommodate its future expansion plans.

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news

PM’s cousin Haris sells five million shares in Ekovest

27 January, 2017

The disposal, according to the filing, was done on Jan 20, 2017 via “a private arrangement”.

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indepth

IGB REIT FY2016 earnings within expectations

27 January, 2017

IGB REIT reported stronger sequential earnings in 4QFY2016 which grew 2% quarter-on-quarter to RM70.3 million.

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news

Sime Darby reveals plan to list plantation, property arms

27 January, 2017

Move will split the conglomerate into three listed entities.

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Sunway Construction poised for a potential breakout, says Public IB Research

27 January, 2017

In a technicals note today, the research house said should RM1.74 resistance level be broken, it may continue to lift price higher to the next resistance levels of RM1.80 and RM1.87.

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HLIB Research keeps Buy on Sime Darby, ups target to RM10.06

27 January, 2017

In a note today, the research house said it was positive on the move, as the planned spin-offs allow Sime to crystalise values of its businesses.

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news

Final block of Sunsuria’s The Olive opens for sale

27 January, 2017

Sunsuria Bhd has opened Block B, the final block at The Olive condominium project at Sunsuria City in Salak Tinggi, Selangor, for sale following good response to the earlier blocks.

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C&C Bintang buys land and factory opposite Bandar Malaysia for RM59.8 mil

26 January, 2017

The property comprises a 45,000 sq ft piece of leasehold land rated at RM1,100 per sq ft and a single-storey detached factory.

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news

Slow sales growth for China’s property market in 2017, says Moody’s

26 January, 2017

This is on the back of Beijing’s tightened controls to curb property price growth.

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news

AIM drops Sabah shoplot purchase plan due to economic slowdown

26 January, 2017

Advance Information Marketing Bhd (AIM) has decided not to proceed with the purchase of an arcade shoplot unit in Kota Kinabalu, Sabah from private property developer Sunsea Development Sdn Bhd.

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