News about Johor

WCT Holdings Bhd (Oct 27, RM1.

PETALING JAYA (Oct 27): The Real Estate and Housing Developers’ Association Malaysia (Rehda) views Budget 2018 positively and urged the state governments to follow suit in providing homes for the B40 and M40 groups.

KUALA LUMPUR (Oct 27): Affordable housing developer Hua Yang Bhd saw its net profit plunge 97% to RM584,000 in its second quarter ended Sept 30, 2017 (2QFY18), from RM16.

PETALING JAYA (Oct 27): The Purpose-Built Office (PBO) Rental Index for Klang Valley, Johor Bahru, and George Town grew in the second quarter of 2017 (2Q17) from a year ago, according to the “Economic Report 2017/2018”.

PETALING JAYA (Oct 27): The residential overhang rose by 55.

KUALA LUMPUR (Oct 27): WCT Holdings Bhd is expected to list its real estate investment trust (REIT) in mid-2018, after it had had delayed the listing of the property trust that was scheduled by end-2017, according to Affin Hwang Investment Bank Bhd (Affin Hwang IB).

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JOHOR BARU (Oct 24): Hua Yang Bhd has unveiled Elemence, its newest township in Taman Denai Alam, Johor Bahru, the developer announced in a press statement.

KUALA LUMPUR (Oct 24): UEM Sunrise Bhd’s Southern Industrial & Logistics Clusters (SILC) Phase 3 — a fully integrated industrial park in Iskandar Puteri, Johor — has achieved about RM50 million of sales since its launch at the beginning of this year.

KUALA LUMPUR (Oct 17): Malaysian Rating Corp Bhd (MARC) has assigned a preliminary rating of AAIS to the proposed RM3 billion sukuk by Fortune Premiere Sdn Bhd, a wholly-owned subsidiary of IOI Properties Group Bhd.