KUALA LUMPUR (Feb 21): Sunrise Innovation Sdn Bhd, a wholly-owned subsidiary of UEM Sunrise Bhd will undertake a mixed development project on the Malay College Old Boys Association’s land (MCOBA) at Jalan Seputeh, KL to redevelop a new office building, a banquet hall with a capacity for 1,200 people and two blocks of serviced apartments together with other supporting facilities.
PETALING JAYA (Feb 16): Amcorp Properties Bhd (Amprop) has secured its maiden residential development site in Madrid, Spain with joint-venture (JV) partner Grosvenor Europe.
KUALA LUMPUR (Jan 26): Cycle & Carriage Bintang Bhd (CCB) is buying a piece of leasehold land together with a factory building located opposite the Bandar Malaysia project for RM59.
KUALA LUMPUR (Dec 21): Amcorp Properties Bhd (AmProp) is planning to venture into the Hong Kong property market via a tie-up with Grosvenor Asia Pacific Ltd.
PETALING JAYA (Dec 3): Boutique and high-end developer Datumcorp International Sdn Bhd is gearing up for the launch of three mixed-use developments worth a total of RM3.
Amcorp Properties Bhd (Aug 22, 92 sen) Maintain hold with unchanged target price of 89 sen: In the absence of any major property disposal, Amcorp Properties Bhd’s (AmProp) net earnings contracted a sharp 92% year-on-year to a mere RM4.
KUALA LUMPUR (July 25): The slowdown in the property sector has prolonged for over a year.
Amcorp Properties Bhd (July 8, 87 sen) Downgrade to hold with a target price (TP) of 86 sen: With more than 90% of Amcorp Properties Bhd’s (AmProp) earnings derived from London, we believe Brexit would raise uncertainty over its sales, at least in the near term.
KUALA LUMPUR (Feb 19): Master developer Kwasa Land Sdn Bhd will invite 28 pre-qualified Tier 2 developers for its next residential plot, R3-1, the biggest thus far, sited on freehold land measuring 24.
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