IOI Properties introduces online community engagement platform
PETALING JAYA (March 21): IOI Properties Group Bhd has created an online community engagement platform via its mobile app IOI Community.
IOI Prop cancels agreement with Hongkong Land to jointly develop Singapore land
KUALA LUMPUR (March 13): IOI Properties Group Bhd (IOI Prop) has terminated its agreement with Hongkong Land International Holdings Ltd (HKLI) to jointly develop and manage a land parcel at Central Boulevard in Singapore.
IOI Properties secures S$1.6b long-term financing for S’pore JV, say sources
PETALING JAYA (March 10): IOI Properties Group Bhd has secured S$1.
IOI Properties 2Q net profit plunges 60% on lower overseas project contribution, impairment loss
KUALA LUMPUR (Feb 24): IOI Properties Group Bhd's net profit plunged 60% to RM109.
IOI Properties' S'pore project faces setbacks, say sources
PETALING JAYA (Feb 24): IOI Properties Group Bhd’s proposed joint venture in the Marina Bay financial district has faced challenges in obtaining longer-term financing and fulfilling specific conditions precedent, reported The Edge weekly, citing sources.
IOI Properties unit issues first sukuk tranche totalling RM100m
KUALA LUMPUR (Dec 21): IOI Properties Group Bhd's wholly-owned subsidiary Fortune Premiere Sdn Bhd (FPSB) has issued RM100 million sukuk to refinance its debt, fund its capital expenditure and for working capital.
Additional alternative route to Bandar Puteri Puchong
PETALING JAYA (Nov 30): IOI Properties Group Bhd has engaged with Lingkaran Trans Kota Sdn Bhd (Litrak) to provide an additional alternative route to Bandar Puteri Puchong while the Bandar Puteri Puchong Interchange remains closed due to upgrading works.
IOI Properties 1Q profit up 28% on better earnings from core businesses
KUALA LUMPUR (Nov 20): IOI Properties Group Bhd’s net profit jumped 28.
Property market seen on marginal recovery
Property sector Maintain positive stance on the property sector: In the Budget 2018 announcement last Friday, the government announced that the “step-up” end financing scheme will be extended to private property developers to encourage more affordable property projects.