Gadang Holdings Bhd’s net profit rose 57.5% to RM23 million or 10.62 sen per share for the second quarter ended Nov 30, 2016 (2QFY17), from RM18 million or 7.4 sen per share a year ago.

On prospect, MQ REIT said the office market is expected to remain challenging with the slowdown of the global and domestic economies, and low crude oil prices.

Despite the global consolidation of operations and restructuring exercise by multinational companies in Penang, such as those involving Seagate Technology Inc, Western Digital Corp and Intel Corp, the industrial sector in Penang has fared quite well over 2016.

Vietnam will stand out as a rising star in the Southeast Asia property market with strong demand growth in the office, residential and retail sectors as well as increasing foreign direct investment to the country, according to international real estate services firm JLL.

Demand non-landed residential property has lost its momentum, with more new supply coming in over the next few years.

They are sized at 807 sq m with three bedrooms and two bathrooms and come with condominium standard facilities such as parking lots, playgrounds and kindergartens.

Jaafar, 62, was the founder and principal shareholder of the Hektar Group of companies and provided leadership for the overall strategic direction of the group.

Farm’s Best said it had entered into nine agreements with CAB Cakaran for the disposal of 49 parcels of land located in Negeri Sembilan, Melaka and Johor.

It looks to maintain stable NPI, sustainable DPU in FY2017, says CEO.

The Klang Valley has seen a slew of new landmarks and hangout spots such as the Empire Shopping Gallery, The Curve, and The Gardens over the past two decades. On weekends, patrons and urbanites from surrounding areas will stop by at these trendy places for a cup of coffee or for some quick shopping.