UOA Development Bhd's (KL:UOADEV) first-ever venture outside Klang Valley will raise its net asset value and share price even as the project could come with a lower margin, said RHB Research.
Net rental income declined to RM17.81 million for the first quarter ended March 31, 2025 (1QFY2025), from RM18.48 million in the same period a year earlier.
The collaboration, formalised through a memorandum of understanding, will study the best ways to capture and use or store CO₂ in steel production.
The works are at two 50-storey serviced apartment blocks in Kuala Lumpur for Aricia Sdn Bhd, a subsidiary of Chin Hin Group Bhd.
Sunway Real Estate Investment Trust (KL:SUNREIT), partially owned by Sunway Bhd (KL:SUNWAY), announced the sale of Sunway University and college campus to Sunway Education Group’s Sunway College (KL) Sdn Bhd for RM613 million in cash.
CIMB Group Holdings Bhd's (KL:CIMB) wholly owned CIMB Bank Bhd will buy 16 properties that it is currently leasing from the Employees Provident Fund Board (EPF) for RM209.81 million, cash.
TCS Group Holdings Bhd (KL:TCS) said the group has received the Kuala Lumpur City Hall's (DBKL) nod to resume construction works for the J Satine mixed development project in Wangsa Maju.
Property developer HCK Capital Group Bhd (KL:HCK) said it has lodged the necessary documents with the Securities Commission Malaysia (SC) to establish a sukuk wakalah programme of up to RM2 billion in value.
Property developer EcoFirst Consolidated Bhd (KL:ECOFIRS) swung to a net profit in the third quarter ended Feb 28, 2025 (3QFY2025), driven by stronger progress in its KL-48 project, which lifted revenue.
Johor-based property developer Country View Bhd declared a 20 sen dividend on Tuesday after a ninefold rise in first quarter net profit due mainly to the sale of three pieces of commercial land in Taman Nusa Sentral, Iskandar Puteri.
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