Boustead 2Q net profit surges 77 times
KUALA LUMPUR (Aug 25): Boustead Holdings Bhd saw its second-quarter net profit jump more than 77 times to RM225.
S P Setia cuts FY16 sales target to RM3.5 bil
KUALA LUMPUR (Aug 24): Three months after expressing confidence that its RM4 billion property sales target for the current year is achievable, S P Setia Bhd yesterday lowered the figure to RM3.
‘Ringgit to stay strong vs pound’
KUALA LUMPUR (Aug 12): A leading British forecasting group says the ringgit will remain strong against the pound sterling, ranging between 5 and 5.
Hunting for bargains in Brexit Britain
THERE is nothing extraordinary about Sedley Place, a retail and office building on London’s Oxford Street (pictured) that is the latest piece of UK prime property acquired by Norway’s sovereign wealth fund.
Time for property investors to reassess their holdings
THE local property market has seen frenzied buying in recent years as real estate is considered by many to be the perfect investment in the face of rising inflation.
Property market still slow and outlook seems uncertain
THE CURRENT slowdown in the property market doesn’t look like it will pick up anytime soon.
AmProp unit to invest in real estate projects in Spain
KUALA LUMPUR (July 14): Amcorp Properties Bhd (AmProp) plans to invest in a portfolio of real estate development and value-added projects in Madrid and other cities in Spain.
Number of deals to rise as REITs seek to build
MALAYSIAN real estate investment trusts (M-REITs) are touted as safe haven assets for investors seeking safety in dividend yields post-Brexit.
Bank Negara cuts OPR by 25bps for the first time since 2009
KUALA LUMPUR (July 13): Bank Negara Malaysia (BNM) has cut its key interest rate to 3% from 3.
