All land deals relating to 1MDB in Penang still frozen, says Chief Minister
This will stay in place until 1MDB clarifies the ownership of some 234 acres of land it said it bought in Air Itam.
Matrix plans RM56.9 mil purchase in Port Dickson to expand landbank
Matrix said it would sustain continuous development in the township, which is surrounded by upcoming developments, and act as a catalyst to increase value to the properties in the vicinity...
Paramount to sell off schools to nation's first education trust, Alpha REIT
The proposed disposal is in line with Paramount’s aim to pursue an asset light strategy and monetise its real estate assets through a sale-leaseback transaction.
Mesiniaga to gain RM6 mil from property disposal
Mesiniaga said the building, which is being sold to Sparkle Gateway Sdn Bhd, was under utilised and an excess to the group, while no longer situated at a strategic location as it is far from the major customers in Penang.
IWCity substantial shareholder Creed Asia trims stake
Creed Asia, which owned 6.88% stake as at March 31, 2017, now has 44.07 million shares after unloading the shares through open-market transactions last Wednesday and Thursday...
Spring Gallery JV collapses as agreement deadline expires
Spring Gallery ends joint venture with Hasil Senudong Sdn Bhd to undertake a residential development with a gross development value of RM161.2 million in Perak after both parties failed to strike an agreement before the deadline expired.
RAM revises outlook on Country Garden’s notes to stable
RAM said the revised outlook reflects the improvement in the credit metrics of CGRE’s ultimate parent, China-based Country Garden Holdings Co Ltd.
IWCity shares fall further after signing of merger with IWH delayed
Last week, IWCity said the date to sign the deal has been extended to Sept 4...
Kumpulan Jetson bags RM919 mil building subcontract, share price hits 2-yr high
Jetson Construction Sdn Bhd has accepted a RM919.3 million subcontract job from MCC Overseas (M) Sdn Bhd to undertake main building works for a mixed commercial project on Jalan Conlay.
Sunsuria teams up with China’s CITIC to jointly undertake construction and property jobs
Sunsuria Bhd is teaming up with Hong Kong-based CITIC International Investment Ltd (CIIL) to carry out construction work and property development in Malaysia.
