Axis REIT buys three properties in Johor for RM28m in related party transaction
KUALA LUMPUR (Nov 20): Axis Real Estate Investment Trust (Axis REIT) is acquiring three properties in Johor in a related-party transaction for RM28.
BCB's 1Q net profit falls 56.34% on lower property sales
KUALA LUMPUR (Nov 19) : BCB Bhd’s net profit for the first quarter ended Sept 30, 2020 (1QFY21) fell 56.
Swiss Inn Johor Bahru converts to Holiday Inn Express & Suites Johor Bahru next year
JOHOR BAHRU (Nov 4): InterContinental Hotels Group (IHG) has signed a management agreement with OSK Holdings Bhd to convert Swiss Inn Johor Bahru to Holiday Inn Express & Suites Johor Bahru in early next year.
UEM Sunrise to sell part of stake in Johor land development unit to partner KLK
KUALA LUMPUR (Oct 23): UEM Sunrise Bhd has announced a reduction in its stake in a firm developing 2,500 acres (1,011.
Johor’s Forest City joint developer Country Garden issues US$1b bonds
KUALA LUMPUR (Oct 22): Country Garden Holdings Co Ltd, which is the Johor state government’s joint venture partner in the Forest City property project in Johor, had today issued US$1 billion worth of bonds, which will be listed on the Singapore Exchange Ltd (SGX) tomorrow.
UEM Sunrise to sell Johor land to AME Elite Consortium for RM434m
KUALA LUMPUR (Oct 9): UEM Sunrise Bhd has entered into agreements to sell 169.
New Covid-19 cluster detected aboard ship docked in Pasir Gudang
KUALA LUMPUR (Sept 26): The Ministry of Health (MoH) said yesterday a new Covid-19 cluster has been detected aboard a ship docked in Pasir Gudang, Johor.
Many Chinese nationals selling their homes, leaving Malaysia, says report
KUALA LUMPUR (Sept 22): Many China citizens have decided to leave Malaysia, with many opting to “sell their homes remotely rather than wait to see when and if they will be allowed to return,” according to a report by the South China Morning Post (SCMP).
UEM Sunrise achieves RM400m sales in two months
PETALING JAYA (Sept 18): UEM Sunrise has achieved over RM400 million in sales and bookings within two months, mainly driven by the good market response for its projects in Klang Valley, Bangi and Johor Bahru.
Tropicana Corp 2Q profit rises after disposal of JB land
KUALA LUMPUR (Aug 20): Tropicana Corp Bhd’s second quarter net profit jumped 371% from the immediate preceding quarter, thanks to the disposal of two parcels of freehold land in Johor Bahru for RM248.
