The trust’s manager declared an interim income distribution of 3.2 sen per unit amounting to RM8.9 million, representing about 76% of the realised distributable net income for the six months ended June 30, 2016 (6MFY16) which would be paid on Sept 14.

Gabungan AQRS Bhd, a mid-size construction and property development company, is getting a RM500 million subcontract for the CA3 portion of the Sungai Besi-Ulu Kelang Expressway (SUKE).

The conglomerate, via its indirect wholly-owned unit Sime Darby Property Singapore Ltd (Sime Darby Prop Singapore), will also be taking up an 80% stake in Japan Regional Assets Manager Ltd (JRAM), the manager of Saizen REIT.

Zecon said its wholly-owned subsidiary Zecon Land Sdn Bhd (ZLSB) has today signed the HoA with PR1MA Corp's wholly-owned unit PR1MA Development Sdn Bhd.

The Group is expected to make a gain of approximately RM85 million net of tax in FY17, which will improve the net assets per share and earnings per share by 6 sen, according to the filing.

The Edge Financial Daily reported today, quoting sources, that IGB Corp has found a buyer for its 910-room Renaissance Kuala Lumpur hotel.

The two cornerstone developments are Bandar Meridin East in Pasir Gudang, Johor, and Southville City, near Bangi, Selangor, which have a gross development value (GDV) of RM5.5 billion and RM11.1 billion respectively.

Details about the deal remains sketchy, but The Edge Financial Daily has learnt that the hotel will likely be sold at RM765 million or RM840,659 per room.

Eco World Development Group Bhd (EcoWorld) received more than 100 bookings for Clarita Tower — the final residential tower of its Eco Sky integrated development — even before its official launch today. Eco Sky is located at Taman Wahyu, along Jalan Ipoh in Kuala Lumpur.