KUALA LUMPUR (Apr 3): IJM Corp Bhd's construction and plantation units are expected to cushion the impact of a potential slowdown in property sales, according to RAM Rating Services Bhd.

MALLORCA (April 3): British buyers and investors are expected to invest more in luxury properties across Europe and Mallorca on the back of a weakening euro, Spanish developer Taylor Wimpey España says.

Development located in 590 Orrong Road, next to the historic Beatty Avenue and Toorak railway station in the leafy eastern suburbs of Melbourne

KUALA LUMPUR: The first phase of KL-Kepong Country Homes Sdn Bhd’s Ixora Residences in Bandar Seri Coalfields has received a good response with 31% take-up recorded within two days. The company is a subsidiary of Kuala Lumpur Kepong Bhd.

JOHOR BARU: Traders Hotel Puteri Harbour in Iskandar Malaysia, Johor, has undergone a rebranding exercise and is now known as Hotel Jen Puteri Harbour. It is Shangri-La International Hotel Management Ltd’s latest venture into hotel branding.

KUALA LUMPUR (April 2): The independent adviser for Naim Indah Corp Bhd (Naim Indah) has recommended non-interested shareholders to vote in favour of the company’s proposal to provide project management services to the Gateway Klang Project, after it was awarded the contract in Feb 11, 2015.

KUALA LUMPUR (April 1): Builder cum property developer SHL Consolidated Bhd’s public shareholding spread is now at 23.53%, short 1.47% from the minimum requirement of 25%.

KUALA LUMPUR (March 31): MIDF Research has upgraded Eastern & Oriental Bhd to “Neutral” (from Sell) with a higher target price of RM2.05 (from RM1.88) and said the launch of Tamarind Tower A (GDV: RM450 million) had received a good take up rate of 80%.

KUALA LUMPUR (March 30): The Employees Provident Fund (EPF) has pared its stake in UEM Sunrise Bhd, thus ceasing to be a substantial shareholder in the property developer.

According to a Bursa Malaysia filing today, the EPF disposed of 2.42 million shares or a 0.05% stake in UEM Sunrise (fundamental: 1.5; valuation: 1.8), leaving it with 226.24 million shares or a 4.98% stake.

KUALA LUMPUR (March 30): AmResearch Sdn Bhd has maintained its “Buy” rating on Sunway Bhd with a higher fair value of RM3.95 (from RM3.60), based on a 20% discount to its upward revised SOP value of RM4.93.

In a note today, the research house said it had incorporated additional investment properties to the SOP, including the recently completed RM340 million Sunway Pinnacle.