EPF ceases to be substantial shareholder in IOI Properties after selling 100 mil shares
The sale reduced EPF’s shareholding in the property developer to 4.
Topping out marks progress for COVO in 16 Sierra township
The RM367 million COVO features 601 serviced apartment units across a 38-storey high-rise (Tower A) and a low-rise residential block (Tower B).
Singapore's CDL completes South Beach stake sale to IOI Properties for RM2.75b
This sale gives the Malaysian developer full ownership over the South Beach mixed-used development, which includes South Beach Tower, South Beach Avenue, and the JW Marriott Hotel Singapore South Beach.
IOI Properties Group reports 13.7% revenue growth in 4Q, announces 8 sen dividend
The notable improvement was supported by stronger performance in the property development segment and the Group’s strategic expansion into the hospitality & leisure segment.
Investors may have missed IOI Properties' improving earnings outlook, CGS International says
The potential listing of two real estate investment trusts (REITs), which CGS International is confident will materialise, will lower IOI Properties’ gearing levels, the house noted.
IOI Properties to take full ownership of Singapore’s South Beach development in RM2.75b deal with CDL
The group's wholly owned IOI Consolidated (Singapore) Pte Ltd has inked a conditional share sale agreement with Ascent View Holdings Pte Ltd to acquire the stake in Scottsdale Properties Pte Ltd, the holding company of South Beach Consortium Pte Ltd, which owns the development.
IOI Properties partners RHB to introduce home and green financing products
Under RHB Green Residential Property Loan/Financing, home purchasers can opt for loan/financing margins of up to 95% (inclusive of entry cost financing), with an additional 5% to finance MRTA/MRTT coverage.
IOI Properties' 3Q profit more than halves on higher interest expense
The group recorded net interest expense of RM100.
IOI Properties’ property investment segment records 53% growth
IOI Properties’ hospitality & leisure segment more than doubled its revenue, primarily driven by contributions from three new additions to the portfolio, namely Moxy Hotel, W Kuala Lumpur and Courtyard by Marriott Penang.
