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Real estate news News Home Editor's Pick Latest News In Depth Stories Lifestyle Stories Videos Narratives Malaysia Property Industry The Pulse on Companies Your Local Experts Guides Events Upcoming events Best Managed & Sustainable Property Awards 2021 Best Managed & Sustainable Property Awards 2020 Best Managed Property Awards 2019 Best Managed Property Awards 2018 Best Managed Property Awards 2017
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News by Sulhi Khalid

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Lim Kang Hoo proposes consolidation of group businesses under Ekovest

28 September, 2023

Tycoon Tan Sri Lim Kang Hoo wants to group the various but similar business segments of his stable of companies under an enlarged Ekovest Bhd to streamline and rationalise the businesses and assets, consolidate his direct shareholding in the companies and avoid potential conflict of interests.

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Gamuda's FY2023 net profit crosses RM1b on disposal of highways; overseas construction revenue surges fourfold to RM3.5b

28 September, 2023

Gamuda Bhd’s annual net profit crossed the RM1 billion mark for the financial year ended July 31, 2023 (FY2023) after it posted a 128.03% increase to RM1.84 billion from RM806.23 million in the previous year (FY2022), largely fuelled by gains on the divestment of its highways.

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Bina Puri reports change in substantial shareholder

22 September, 2023

Maju Offshore Sdn Bhd has offloaded its entire 5.04% stake in loss-making Bina Puri Holdings Bhd to Maju Offshore Capital Sdn Bhd, according to a bourse filing on Thursday.

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YTL REIT proposes rental revisions, refurbishment of AC Hotel chain

20 September, 2023

YTL Hospitality REIT (YTL REIT) has entered into three supplemental lease agreements for rental revisions and proposed refurbishment of its three hotels (AC Hotels) in Kuala Lumpur, Penang and Kuantan.

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MBSB to dispose of non-financial units, non-performing conventional loans to SPV

19 September, 2023

MBSB said five of its companies in the property development business will be transferred to a corporate share trustee, while disposal of the loans shall be settled in cash and on a deferred basis.

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UEM Sunrise shares hit four-year high in active trading

18 September, 2023

Shares in UEM Sunrise Bhd rose as much as 13.5 sen or 18.49% in active trade on Monday, pushing the counter to a four-year high of 86.5 sen.

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OKA Corp buys land in Johor for RM14.2m for expansion of operation

16 August, 2022

OKA Corp Bhd has proposed to acquire a piece of land in Senai, Johor for a total of RM14.24 million for expansion of operation.

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UEM Sunrise buys Jalan Semarak land for RM384 mil

05 August, 2022

UEM Sunrise Bhd has announced the acquistion of a parcel of freehold land in Jalan Sultan Yahya Petra (formerly known as Jalan Semarak), Kuala Lumpur for RM384.04 million.

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Chin Hin Group Property secures RM330 mil substructure job in Penang

13 July, 2022

In a Bursa Malaysia filing, the group said its 65%-owned subsidiary, Kayangan Kemas Sdn Bhd, was awarded the contract by Exyte Malaysia Sdn Bhd.

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Ideal United Bintang planning to buy freehold land in Penang from NAZA Corp for RM475.36 million

06 July, 2022

In a Bursa Malaysia filing on Wednesday (July 6), the group said its 70%-owned subsidiary Lestari Duta Sdn Bhd and Mujur Sinarjaya Sdn Bhd had entered into a sales and purchase agreement with Aspen Bell Avenue Sdn Bhd on Jan 27.

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    TRENDING NOW
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