KUALA LUMPUR (June 18): Eco World International Bhd (EWI), a special purpose entity set up by major shareholders of Eco World Development Group Bhd (Eco World) to acquire real estate assets for development overseas, has withdrawn its plans to list as a special purpose acquisition company (SPAC) that was to raise RM1.
PETALING JAYA (June 16): KUB Malaysia Bhd will forge ahead with its redevelopment plans to build office towers at the site of the old Petaling Jaya A&W outlet.
CRESCENDO CORPORATION BHD PROPERTY stocks may under-perform in the near to medium term, following cooling measures, weak consumer confidence and oversupply concerns, including in Iskandar Malaysia (IM).
KUALA LUMPUR (June 12): Sunsuria Bhd is eyeing about RM1 billion property sales per year, primarily from its township development in Sepang, Selangor and starting from about RM900 million for the financial year ending Sept 30, 2016 (FY16), according to executive director Kong Wai Seng.
KUALA LUMPUR: Construction company Bina Puri Holdings Bhd is targeting the above-ground infrastructure works of the light rail transit line 3 (LRT3) and mass rapid transit line 2 (MRT2).
KUALA LUMPUR (June 10): Property developer Land & General Bhd announced that its wholly-owned unit Victory Vista Sdn Bhd has signed a share sale agreement to acquire Pembinaan Jaya Megah Sdn Bhd – which will own 112.
KUALA LUMPUR (June 10): GuocoLand (Malaysia) Bhd held a “topping out” ceremony for its RM2.
PETALING JAYA (June 9): Malton Bhd and Kuala Lumpur Pavilion Sdn Bhd unveiled its RM1.
SKUDAI (June 5): Iskandar Malaysia is still experiencing rapid economic growth, said Iskandar Regional Development Authority (IRDA) CEO Datuk Ismail Ibrahim today.
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