HLIB upgrades property sector, sees benefits from revamped MM2H policy
This follows an announcement last week by the Ministry of Tourism, Arts and Culture (Motac) of an updated MM2H guideline.
Retail sales rebounded in 1Q, may slow in next three months — Retail Group Malaysia
Retail sales grew 7.8% in January-March 2024 when compared to the same period in 2023.
Kerjaya Prospek Property officially opens Bloomsvale Shopping Gallery in KL
Kerjaya Prospek Property Bhd (KL:KPPROP), via its wholly owned subsidiary Kerjaya Property Sdn Bhd, has officially opened Bloomsvale Shopping Gallery on Jalan Puchong, Kuala Lumpur, in a door-opening ceremony on Saturday.
Trive Property proposes two-for-five bonus issue of warrants
Trive Property Group Bhd (KL:TRIVE) has proposed a bonus issue of warrants on the basis of two warrants for every five existing shares, to reward its shareholders and strengthen its financial position and capital base.
PR1MA Corp Malaysia breaks ground for its first township development in Teluk Intan
PR1MA Corp Malaysia, which is an affordable housing agency under the Ministry of Housing and Local Government (KPKT), has commenced construction of its first township development in Teluk Intan, Perak, according to a press statement on Friday.
OSK Property collabs with Affin Bank to provide financial solutions tailored to women homebuyers
OSK Property Holdings Bhd, the property arm of OSK Holdings Bhd (KL:OSK) has partnered with Affin Bank Bhd (KL:AFFIN) in the bank’s new mortgage programme “Affinita”, aimed at providing women with financial solutions towards homeownership.
Tropicana Corp partners Samsung to offer AI home appliances in upcoming developments
Tropicana Corp Bhd (KL:TROP) has announced a partnership with Samsung Malaysia Electronics Sdn Bhd to offer artificial intelligence (AI) home appliances in its upcoming developments.
Glomac 4Q net profit up 8% on fair value gain on investment property, pays 1.25 sen dividend
Property developer Glomac Bhd’s net profit rose 8% to RM15.34 million for the fourth quarter ended April 30, 2024 (4QFY2024), from RM14.1 million a year ago, thanks to its recognition of RM17 million fair value gain on investment property.
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LBS Bina’s unbilled sales stood at RM1.71 bil as at end-May
Property developer LBS Bina Group Bhd (KL:LBS) said on Thursday that it has unbilled sales of RM1.71 billion as at end-May, which will be recognised in the upcoming years.
Solarvest buys office space from related party Chin Hin Property for RM48.73 mil cash
Solarvest Holdings Bhd (KL:SLVEST) is buying four levels of office space with 200 parking bays and a rooftop retail unit in the Solarvest Tower, which is currently under construction, from Chin Hin Group Property Bhd (KL:CHGP).
