KUALA LUMPUR (Jan 8): Kuala Lumpur Kepong Bhd (KLK) is disposing of a 20% equity interest in its wholly-owned subsidiary, KLK Premier Capital Ltd (KLKPCL), for US$44 million or RM154 million, cash.

KUALA LUMPUR: Mah Sing Group Bhd, the country’s second-largest property developer by sales value, expects to post higher sales this year, driven by pipeline launches worth RM5.96 billion in gross development value (GDV).

KUALA LUMPUR: Century Logistics Holdings Bhd is in advanced talks to acquire a document management services company, said its managing director Steven Teow.

KUALA LUMPUR: Country Garden Pacificview Sdn Bhd, the developer of Forest City in Johor, said yesterday that its discussions with the Department of Environment (DoE) did not mean that the size of the controversial property development project is being limited or compromised.

KUALA LUMPUR (Jan 5): Country Garden Pacificview Sdn Bhd (CGP), the developer of Forest City in Johor, today clarified its discussions with the Department of Environment (DoE) did not mean that the size of the controversial property development project is being limited or compromised.

KUALA LUMPUR (Jan 5): Property developer LBI Capital Bhd saw 3.62 million of its shares, representing a stake of 4.9%, traded off market today for RM3.748 million.

KUALA LUMPUR: Iskandar Waterfront Holdings Sdn Bhd (IWH), which had postponed what would have been one of the country’s largest initial public offering (IPO) once, has decided to put the plan on the back burner indefinitely, said sources.

IWH had initially targeted to be listed on Bursa Malaysia by end of 2013 or early 2014.

KUALA LUMPUR: Thanks to the government’s ambitious infrastructure goals, 2015 will likely be a busy year for contractors.

KUALA LUMPUR (Jan 5): JF Apex Securities Research said it envisages another tough year for the property sector as empirical evidence suggests that developers had experienced slowdown in their new sales since 2H14 with no signs of pre-Goods and Services Tax (GST) rush and relaxation of tightening lending.

KUALA LUMPUR (Jan 2): ACE-market listed Kanger International Bhd has proposed to undertake an issuance of redeemable convertible notes (RCN) programme of up to RM100 million today, together with a proposed diversification into property investment and management.