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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 TheEdgeMarkets.com

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Tower REIT 2QFY23 NPI down 17% as operating costs, interest expense weigh

31 January, 2023

Net property income fell to RM3.88 million in 2QFY23, from RM4.7 million a year ago, while net income declined 93% to RM108,000 from RM1.53 million amid higher interest expense.

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news

UEM Sunrise completes issuance of RM255m Islamic medium term notes

31 January, 2023

The IMTN programme comes together with an Islamic commercial papers programme, which together have a combined aggregate limit of up to RM4 billion in nominal value, based on the shariah principle of murabahah via tawarruq arrangement.

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news

Building materials maker Ajiya’s 4Q profit jumps 169% on gain from other investments

31 January, 2023

Earnings per share rose to 3.29 sen from 1.2 sen. 

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Zecon, PR1MA terminate partnership for mixed development in Kuching

31 January, 2023

Following the termination, Zecon will be buying back the project from PR1MA for RM63.56 million, which includes the land cost. 

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Sunway REIT’s 4Q NPI rises 19% to RM146m; declares five sen DPU

30 January, 2023

Quarterly revenue increased by 18.34% to RM186.73 million compared to RM157.8 million.

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news

AZRB confirms formal withdrawal of winding-up petition by UEM Edgenta

30 January, 2023

“The company wishes to announce that AZSB has received notification from the petitioner (EPB) that the petition has been struck off with liberty to file afresh.”

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news

EcoFirst logs higher 2Q revenue but net loss widens as finance costs jump

30 January, 2023

The property developer has been loss-making since 1QFY2022.

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news

UEM Edgenta drops winding-up petition against Ahmad Zaki Resources’ unit

30 January, 2023

... after the pair mutually agreed that AZSB would settle an RM11.05 million outstanding sum by way of 11 monthly instalments.

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Perak Transit accepts extended agreement to provide construction services to another edotco unit

30 January, 2023

Perak Transit accepted the extended agreement to provide the same scope of services to Touch Matrix Sdn Bhd via its wholly-owned PTrans Resources Sdn Bhd. 

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news

SCIB withdraws from 'long-delayed' JB hospital project

27 January, 2023

Civil engineering group Sarawak Consolidated Industries Bhd (SCIB) said it has withdrawn from proposed engineering, procurement, construction and commissioning (EPCC) contracts involving a specialist hospital project in Johor Bahru.

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