KIP REIT's 4Q net property income up 14%, declares 1.75 sen income distribution
Revenue for the quarter rose 16.5% to RM22.39 million, from RM19.22 million in 4QFY2022, driven by higher gross revenue from its retail and industrial segments.
Latest
RHB Research's optimism on Iskandar property market grows as market moves past property glut
... as it believes that the market has moved past the "Forest City scare" or supply glut from the massive mixed-use development, thanks to incoming infrastructure developments.
Malaysia Steel Association tasked by Miti to formulate green transition roadmap for industry
The association said it was given the responsibility at a Malaysia Steel Council meeting last week, which had focused on the need for the local steel sector to strengthen its Decarbonisation and ESG disclosure and compliance of Scope 1, 2 and 3.
UOA REIT's 2Q net profit drops 7% on higher operating expenses
It posted a net profit of RM13.98 million or 2.16 sen for the second quarter ended June 30, 2023 (2QFY2023), versus RM15.07 million or 2.37 sen a year ago.
Lebtech says RM55m Pekan job for reclamation, shore protection terminated
This was because the builder could not come to an agreement with Global Marine Sdn Bhd, from whom it secured the project, on the terms and conditions of the final definitive agreement for the job.
Special residence pass to be granted to investors committing at least RM5b investments in targeted manufacturing sectors, says Miti
The investments will have to be in the targeted manufacturing sectors promoted by the government through its New Investment Policy and the upcoming New Industrial Master Plan 2030
King’s Park in Genting Highlands officially launched
King’s Park Development Sdn Bhd (formerly known as Highlands Park City Sdn Bhd) has officially launched its latest integrated mixed-use development, named King’s Park in Genting Highlands, via an opening ceremony of its sales gallery on Saturday (July 22).
Former Consortium Zenith director says impossible RM2m payment went to Guan Eng, when money was part of RM19m earmarked for Najib
A former director of Consortium Zenith Construction Sdn Bhd (CZCSB) told the Sessions Court on Friday (July 21) that it was impossible for a RM2 million payment to have made its way to Lim Guan Eng, when he had been initially told it was paid via businessman G Gnanaraja to then prime minister Datuk Seri Najib Razak, in order for the company to maintain close ties with Najib.
Chin Hin Group Property partners with AFFIN BANK to offer home financing solutions
Chin Hin Group Property Bhd (CHGP) is collaboratting with AFFIN BANK to offer the AFFIN Home Step Fast/i home financing solutions to homebuyers.
Rise in conveyancing legal fees will mean increased cost of purchasing a home, says Rehda
The recent hike in conveyancing legal fees will result in a rise in the cost of purchasing a house, said Real Estate and Housing Developers' Association Malaysia (Rehda).
