AmProp’s 9MFY16 net profit more than doubles to RM83.8 mil
Amcorp Properties Bhd (Feb 5, 84 sen) Maintain buy with a target price (TP) of RM1.
PTMP a gargantuan task for Guan Eng
SHORTLY after the federal government unveiled the revised Budget 2016 last Thursday, Penang Chief Minister Lim Guan Eng called a press conference at his Komtar office and criticised Putrajaya for not abolishing the 6% Goods and Services Tax, which he claims is an added burden for the man in the street.
Residents unhappy with commercialisation of Bangsar Park
KUALA LUMPUR (Feb 10): Residents of Bangsar Park, Kuala Lumpur are questioning Kuala Lumpur City Hall’s decision to allow the commercialisation of their neighbourhood.
More pressure on KL commercial property this year
KUALA LUMPUR (Feb 5): With more incoming supply, Rahim & Co expects the Kuala Lumpur office market in 2016 to be more challenging in 2016.
HK firm invests RM280 mil in Yong Tai, emerges as substantial shareholder
KUALA LUMPUR (Feb 5): Hong Kong-listed Sino Haijing Holdings Ltd is investing RM280 million in Yong Tai Bhd under a corporate exercise and emerged as its new substantial shareholder with more than 33% of the voting rights.
Iskandar Waterfront reviving IPO plans — The Wall Street Journal
KUALA LUMPUR (Feb 5): Tan Sri Lim Kang Hoo-controlled Iskandar Waterfront Holdings Bhd (IWH) is again ruminating to take its shares public after shelving the plan indefinitely, according to The Wall Street Journal (WSJ), citing sources familiar with the matter.
Selangor Prop buys four parcels of land to develop high-end villas
KUALA LUMPUR (Feb 4): Selangor Properties Bhd (Selangor Prop) has acquired four parcels of land, measuring a total of 5,253 sq m in Kuala Lumpur for RM32.
Challenges amid a slowing market in Kota Kinabalu
SABAH, in particular its capital Kota Kinabalu, was not spared the effects of the cooling measures introduced to curb escalating property prices, resulting in a slower property market last year, with fewer transactions and launches.
Huat’s up: Local artists share their property goals for the Fire Monkey year and beyond
PETALING JAYA (Feb 2): Despite their hectic works schedules, it is important to make time to invest in property, local singer and Astro artist Nicole Lai told TheEdgeProperty.
Waste separation at source begins in Komtar
GEORGE TOWN (Feb 1): Government staff at the state administration offices in Komtar, Penang start separating the garbage at source today.
