Sunway REIT poised to resume uptrend, says RHB Retail Research
In a trading stocks note today, the research house said this, coupled with its above 30-day average trading volume, the stock may push above the immediate resistance of RM1.58.
TSR Capital sells property in Port Dickson to McDonald's licensee
In a bourse filing, TSR Capital said it is selling part of a land measuring 36,617 sq ft together with a McDonald's restaurant erected on it for RM6 million.
TPC Kuala Lumpur reverts back to its previous name, KLGCC
In 2016, SDP struck a five-year brand licensing contract with the United States’ PGA Tour under the Tournament Players’ Club (TPC) network umbrella, which allowed SDP to utilise the TPC brand to host major golf tournaments and elevate the club’s global recognition and standards. The licence expired at the end of 2021.
Jiankun revives Kg Bharu redevelopment project
The group said it signed an agreement with Menara Rezeki Sdn Bhd (MRSB) on Thursday (June 16) to undertake the project via their joint venture (JV) firm, Menara Rezeki Properties Sdn Bhd (MRPSB).
Eco World Development 2Q net profit up 8%, helped by Malaysian ops
The property developer said its Malaysian operations’ profit after tax (PAT) contribution rose 86.7% to RM61.2 million from RM32.8 million, offsetting the share of loss from its international arm, Eco World International’s (EWI).
Masteron unveils KR7 Residences in Puchong
This development marks the developer’s seventh project in its “Koi” series, following Koi Kinrara, Koi Tropika, Koi Boulevard, Koi Legian, Koi Prima and Koi Residences in Puchong, all of which have been well-received.
More than 80% of Mah Sing's M Vertica taken up, with early completion and full handover slated by 2023
In total, there will be 3,684 units with Tower A having 808 units, Tower B with 685 units, Tower C with 752 units, Tower D with 793 units and Tower E with 646 units. Built-ups are 850 sq ft for three-bedroom layout and 1,000 sq ft for the four-bedroom design. Selling price starts at RM480,800 with maintenance fee of 35 sen psf.
Kelington bags contract worth RM114m to build semiconductor manufacturing facility
In a bourse filing on Thursday (June 16), KGB said its unit Kelington Technologies Sdn Bhd (KTSB) on June 15 entered into a construction contract with a Franco-Italian multinational electronics and semiconductor manufacturer to design and build a new manufacturing building comprising a manufacturing (plating) area, mechanical and electrical utility plant, and a multistorey carpark for the existing plant in Johor.
London’s first art’otel to open at Battersea Power Station this year
The first art’otel at the London Battersea Power Station in the UK will open its doors later this year, with the interior images of the hotel unveiled on June 14.
Dynaciate proposes to buy Pahang industrial land from KPower for RM12m
Dynaciate Group Bhd has proposed to acquire a piece of freehold industrial land measuring 23,550 square metres in Bentong, Pahang from KPower Bhd for RM12 million cash.
