House prices finally coming down?
“House prices will never go down” is probably what we hear whenever we are told to invest in a residential property.
UOL a step closer to achieving ‘statutory control’ of UIC in share swap deal with Haw Par
SINGAPORE (June 23): UOL and Haw Par have entered into a share swap deal for shares in United Industrial Corporation (UIC).
Singapore Press Holdings-Kajima JV to build over 600 residences, mall on Bidadari site
SINGAPORE (June 22): Consortium partners Singapore Press Holdings (SPH) and Kajima Development plan to develop over 600 residential units with a retail/commercial component of roughly 310,000 sf gross floor area at the Bidadari site they recently won.
Third consecutive profitable quarter for O&C Resources
KUALA LUMPUR (June 22): O&C Resources Bhd posted a net profit of RM1.
CapitaLand divests entire stake in Vietnam real estate unit for S$6.4 mil
SINGAPORE (June 22): CapitaLand announced on Wednesday that its wholly-owned subsidiary CVH Sparkle has divested its entire 65% stake in Vietnam-based real estate development business Sparkle Value Homes Co (SVH) for US$4.
Bina Puri mulls raising fund
KUALA LUMPUR (June 22): Bina Puri Holdings Bhd is considering making a cash call from investors via a rights issue to reduce its gearing to as low as 1.
UIC takeover positive for UOL, say analysts
SINGAPORE (June 21): UOL Group, UIC Group and Haw Par Corp this morning called for trading halts.
18,000 buildings in KL could be at risk of fires
PETALING JAYA (June 21): In view of the recent tragic Grenfell Tower fire in North Kensington in London, the Malaysian Institute of Architects (PAM) has urged building owners in Malaysia to inspect their buildings’ fire safety features.
