Ireka to exit RuMa project, pare stake in Aseana to settle 2009 JV dispute
The shares represent a 19.
Ireka signs demerger agreement with Aseana Properties
KUALA LUMPUR (July 16): Ireka Corp Bhd has signed definitive agreements with London Stock Exchange-listed Aseana Properties Ltd to undertake a demerger exercise which involves separating the interests of Ireka Group from Aseana, where the former held a 23% stake in Aseana.
Ireka expects bulk of Aseana Properties' assets to be sold by FY2020: Report
KUALA LUMPUR (Aug 24): Ireka Corp Bhd expects associate company, Aseana Properties Ltd, to have sold most of the six assets on its divestment programme by the end of the former’s financial FY2020, reported The Edge Malaysia.
The RuMa Hotel targets to open for business in 2Q2018
PETALING JAYA (July 28): Jointly developed by Ireka Corp Bhd and Aseana Properties Ltd, The RuMa Hotel and Residences at Jalan Kia Peng, Kuala Lumpur is due to open for business in 2Q2018, said Ireka in a statement today.
Sale of Aloft KL lifts Ireka's 1Q net profit to RM27.98 mil
KUALA LUMPUR (Aug 29): Ireka Corp Bhd posted sharply higher net profit of RM27.
Ireka’s 23% associate sells Aloft KL for RM418.7 mil
KUALA LUMPUR (April 1): Aseana Properties Ltd, a London-listed property developer in which Ireka Corp Bhd has a 23% stake, is selling the Aloft Kuala Lumpur Sentral Hotel in Malaysia to Prosper Group Holdings Ltd for RM418.
Ireka sees minimal impact from weaker ringgit
KUALA LUMPUR (Sept 29): Ireka Corp Bhd expects the weaker ringgit to have minimal impact on the company’s earnings.
