News about China

SINGAPORE (Aug 31): CapitaLand Mall Asia Ltd, CapitaLand’s wholly owned shopping mall business, has signed a management contract to manage the retail component of the landmark Fortune Finance Center in Changsha, the provincial capital of Hunan in Central China.

KUALA LUMPUR (Aug 30): IOI Properties Group Bhd will embark on its third property project in China, after winning the tender to acquire a 6.

KUALA LUMPUR (Aug 29): IOI Properties Group Bhd has successfully tendered for a 6.

KUALA LUMPUR (Aug 24): A joint venture between George Kent (M) Bhd and China Communications Construction Company Ltd (CCCC) has won the RM1.

KUALA LUMPUR (Aug 23): Sime Darby Bhd’s fourth quarter net profit climbed 13.

SINGAPORE (Aug 22): CapitaLand Retail China Trust (CRCT) is looking at a “potential core asset” in its newest acquisition, the Galleria shopping mall in Chengdu, China.

KUALA LUMPUR (Aug 22): IOI Properties Group Bhd has reported a 3% drop in net profit for its fourth financial quarter ended June 30, 2016 (4QFY16) to RM389.

SINGAPORE (Aug 22): UOB Kay Hian is maintaining its “buy” rating for Genting Singapore, but with a lower target price of 84 cents from 88 previously as the casino operator is hit by lower mass market gross gaming revenue (GGR) at its Resorts World Sentosa (RWS) integrated resort.

A CHANGE of scenery can do wonders for people.

  PETALING JAYA (Aug 13): Some developers might be deterred by the sluggish property market by pushing back their launches but Sunway Property, the property development arm of Sunway Bhd, sees opportunities in the downturn.