Sunway Construction Group Bhd (SCG) has set a dividend policy of paying out 35% of its annual core profit once it has been listed to enable its shareholders “to participate in the group’s profit”, according to its prospectus of its initial public offer

The Selangor government has agreed to include the Damansara-Shah Alam (DASH) elevated expressway alignment into the Petaling Jaya City Plan 2.

PETALING JAYA (June 29): Sunway Construction Group Bhd’s (SCG) listing exercise will offer up to 398.7 million shares for sale, of which 327.59 million shares  will be for institutional investors and 71.1 million shares for retail investors. 

SHAH ALAM (June 29): I-Bhd, the developer of the 29-ha (72 acre) i-City here, may pay higher dividends as the company expects better profit this year.

Speaking to reporters after I-Bhd's (fundamental: 2.55; valuation: 2.4) annual and extraordinary general meetings today, deputy chairman Datuk Eu Hong Chew said the company expected higher profit due to robust property sales.

The parcels in an area called A2 Island are to be developed into a premier waterfront residential community

BINTAN (June 27): The Haven Sdn Bhd aims to launch its S$1 billion integrated hospitality project here in Indonesia by year-end, said its CEO Peter Chan.

One of Kuala Lumpur's original districts is becoming an eclectic mix of old and new

KUALA LUMPUR (June 25): Gamuda Bhd will acquire a 12,154.6 sq m parcel of leasehold land in Toa Payoh, Singapore, for S$345.86 million (RM968.81 million) in a joint venture (JV) with Evia Real Estate (7) Pte Ltd and Maxdin Pte Ltd.

Bina Puri Sdn Bhd (BPSB) has been awarded a RM195 million contract to construct a 23-storey twin tower in Iskandar Malaysia’s Medini Central Business District.

Property developer Glomac saw its net profit jump 31% to RM29.24 million or 4.06 sen per share for the fourth financial quarter ended April 30, 2015