Ekovest dips on profit taking
KUALA LUMPUR (March 13): Ekovest Bhd fell 2 sen in heavy volume at mid-morning today, possibly due to profit-taking by investors after closing on a high of RM1.
Sunway Iskandar gears up for mid-year launch of the GRID Collection
PETALING JAYA: Sunway Property, the property division of Sunway Bhd, will be targeting young entrepreneurs and new start-ups for the GRID Collection at Sunway Iskandar, Johor.
Market outlook on the Klang Valley, Johor and Penang
DESPITE its subdued performance last year, the Klang Valley property market seems to be picking up momentum this year with encouraging take-up rates observed in the first two months, especially after the Chinese New Year, says Zerin Properties CEO Previndran Singhe.
Country Garden: Closure of Forest City sales galleries in China not because of capital outflow controls
PETALING JAYA (March 10): Hong Kong-listed Country Garden Holdings Co Ltd has denied that the closure of Forest City’s sales galleries in China was due to the government’s capital control policy.
IWC-IWH merger deal stirs strong market interest
KUALA LUMPUR (March 10): Iskandar Waterfront City Bhd (IWC) shares, which resumed trading yesterday following the announcement that it is merging with its parent Iskandar Waterfront Holdings Bhd (IWH), climbed as much as 10.
Country Garden closes all China sales centres
KUALA LUMPUR (March 10): Hong Kong-listed Country Garden Holdings Co Ltd has closed all sales centres in China for its Forest City housing project in Johor, according to a South China Morning Post report yesterday.
Bandar Malaysia land included in merger exercise, says IWH
KUALA LUMPUR (March 9): Iskandar Waterfront Holdings Sdn Bhd (IWH) says its Bandar Malaysia land is also included in the corporate exercise announced yesterday which involves the group merging with Iskandar Waterfront City Bhd (IWC).
UMLand J-Biotech Park to attract foreign investors to Johor Halal Park
PETALING JAYA (March 9): UMLand J-Biotech Park Sdn Bhd (UJP), a joint venture between United Malayan Land Bhd (UMLand) and the Johor state government, signed a memorandum of understanding (MoU) with The Cosmetic & Perfumery Association of Hong Kong Ltd and Persatuan Anggun Menawan Malaysia to bring in potential investors from Hong Kong, Macau and China to Johor Halal Park (JHP) in Pasir Gudang, Johor.
‘Sultan of Johor and Lim to sell land to merged IWH’
KUALA LUMPUR (March 9): Iskandar Waterfront City Bhd (IWC) announced a proposed merger with its major shareholder Iskandar Waterfront Holdings Bhd (IWH) through a one-for-one share swap exercise in which IWH would take over the listing status upon completion.
