SkyWorld Development inks underwriting agreement with Kenanga Investment Bank
SkyWorld’s IPO involves a public issue of 208,000,000 new shares and offer for sale of 192,000,000 existing shares.
ACCCIM welcomes PM’s call to review affordable housing policy, says social housing is govt’s responsibility
“Social housing for rentals should become the social housing stock of the nation to provide transit housing for the incoming deserving households.
MRCB posts lower 1Q profit on completion of DASH highway project
The lower contribution from the engineering, construction and environment division was partially offset by the property development and investment division, which recorded an operating profit of RM33.
Sime Darby Property sees challenging year for property industry, but optimistic about hitting sales target
Group managing director Datuk Azmir Merican: I think it is a difficult time especially today, as you see a lot of price increases.
MBSB earnings up 27.3% on lower expected credit losses and opex
Commenting on the results, MBSB group chief executive officer Datuk Nor Azam M Taib said, “The improvement is driven by strong fundamentals based on our business plan despite the challenging economic environment.
SkyWorld Development gets SC approval to list on main market of Bursa Malaysia
In conjunction with the listing, SkyWorld’s initial public offering entails a public issue of 208,000,000 new shares representing approximately 20.
Malaysian residential properties have become more, not less, affordable
There is a widely held perception that housing is increasingly out of reach for the younger generation of Malaysians.
The REAL deal: Is Singapore property tax hike a boon for Malaysia?
The latest ABSD increase hits foreigners most with the doubling of the rate to 60%.
Genting Malaysia issues RM500m MTNs to fund development of Genting Highlands, working capital
The proceeds from the issuance of the MTNs will be used for, among others, the development of properties and resorts of Genting Malaysia and its subsidiaries, including those in Genting Highlands, Pahang.
CGS-CIMB sees another hike in 2H2023, bringing the OPR to 3.25%
“We believe there could be one more OPR hike by end-2023 to 3.
