Bina Darulaman Bhd (BDB) is targeting RM900 million in gross development value (GDV) of property launches for the financial year ending Dec 31, 2017 (FY17), with the group maintaining its focus on the affordable housing segment.

Bina Darulaman Bhd reported a 58.1% increase in net profit for its third financial quarter ended Sept 30, 2016 (3QFY16), to RM5.8 million or 1.91 sen per share from RM3.67 million or 1.21 sen per share a year ago due to a 98.8% surge in 3QFY16 revenue to RM87.18 million.

Property developer Yong Tai Bhd is confident of achieving its target of drawing one million tourists annually to its Impression Melaka theatre.

Datumcorp plans to acquire more land beyond Selangor and collaborate with the private sector and GLCs for future projects.

Chief executive Datuk Ahmad 'Asri Abdul Hamid said in a statement today that CIDB viewed the incident seriously and investigations would be conducted with various parties involved in the project.

Sakura Residence is located within the Parkview Precinct in the 1,800-acre Sunway Iskandar development in Johor.

With a net-lettable area of 1.1 million sq ft, MyTOWN has a capacity for more than 400 stores.

It said growth in 2016 reflected its strong sales force, customer-centric practises and the ability to deliver quality projects and development that are ongoing such as Suria Residence at Bukit Jelutong.

DBS is optimistic on CapitaLand Retail China Trust upgrading it to a “buy” call with a target price of S$1.60, citing the REIT’s preparations for the future.

It takes a significant over London and New York.