GuocoLand’s stake in Eco World gets a ‘yes’ vote
Investment will help diversify GuocoLand’s geographical holdings as well as provide scale and immediate exposure to ongoing developments.
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This is one S-REIT with strong earnings visibility
The REIT has no refinancing needs until 2HFY18 and an average debt to maturity of 3.4 years.
Gadang top decliner on 1Q profit, revenue drop
Yesterday, Gadang told Bursa Malaysia that net profit fell to RM16.7 million in the first quarter ended Aug 31, 2016 from RM20.86 million.
First Oakwood Hotel & Residences in KL set to open on Oct 31
“The opening of Oakwood Hotel & Residence Kuala Lumpur is a great opportunity to showcase the Oakwood stay experience.”
BON Estates secures RM300 mil loan for The Estate
Boutique developer eyeing more land in Penang and the Klang Valley for its high-end properties following the success of past projects.
Gadang 1Q net profit tumbles 20% on lower construction revenue
The construction and property player’s revenue for the quarter fell 30% to RM104.6 million from RM149.38 million…
E&O set to launch Amaris Terraces By-The-Sea at Seri Tanjung Pinang
Eastern and Oriental Bhd (E&O) is set to launch its latest project Amaris Terraces By-The-Sea at its Seri Tanjung Pinang development in Penang this November, pending the completion of the project’s show unit.
DONE DEAL: Shopoffice at Bandar Sri Pinang, Jelutong, Penang
Rented for: RM2,100 a month; Concluded by: Mayzel Wong (REN 17359) (017-575 8999) of Khoo & Associates Realty; When: Oct 15, 2016
It’s all in the planning
Gamuda Land’s development philosophy is to start with a strong master plan. This is reflected in the many award-winning townships that the developer has built in Malaysia and overseas.
S P Setia stamps its mark of excellence in Seraya Putrajaya
S P Setia’s mettle remains proven. Its recently launched Setia Eco Templer was 100% sold and its double-storey homes in Setia Alam, launched on Aug 27, drew a long queue with an outstanding 85% take-up.
