Pavilion REIT’s earnings expected to pick up in 2HFY16
Pavilion Real Estate Investment Trust (July 29, RM1.
SMD Development to kick off RM1 bil worth of projects
PETALING JAYA: SMD Development Sdn Bhd (SMD), which has its development footprint in Kundang, Rawang, has more to offer with upcoming projects, according to its CEO Datuk Jeffery Tan.
Two more Pan Borneo Highway contracts awarded
KUALA LUMPUR (July 29): Another two joint ventures (JVs) have clinched contracts under the Pan Borneo Highway project.
DaMen, Intermark lift PavREIT’s 2Q NPI up 13%
KUALA LUMPUR (July 29): Rental income from DaMen Mall and Intermark Mall, which Pavilion Real Estate Investment Trust (PavREIT) acquired at end-March, lifted the trust’s net property income (NPI) for the second quarter ended June 30, 2016 (2QFY16), by 13.
Project awards yet to translate into orders for SCH Group
SCH Group Bhd (July 28, 21 sen) Maintain hold with an unchanged target price of 20 sen: SCH Group Bhd registered third quarter of financial year 2016 (3QFY16) net profit of RM700,000, soaring six-fold quarter-on-quarter (q-o-q), but down 66.
WCT expected to eye upcoming Suke, Dash work packages closely
WCT Holdings Bhd (July 27, RM1.
KKB secures RM1 bil worth of deals YTD after latest job win
KKB Engineering Bhd (July 27, RM1.
Mitsubishi Jisho to market its condos in Malaysia
AFTER eight years of selling its condominiums overseas, Japan’s Mitsubishi Jisho Residence Co Ltd is finally bringing its brand of condos to Malaysia.
KKB gains 2.5% after JV with WCT secured Pan Borneo Highway job
KUALA LUMPUR (July 27): Shares in KKB Engineering Bhd surged as much as four sen or 2.
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Property market in 2H2016 to remain subdued
PETALING JAYA (July 27): The outlook for the property market in the second half of 2016 (2H2016) is expected to remain subdued, said Valuation and Property Services Department director-general Datuk Faizan Abdul Rahman at the Malaysian Property Summit Mid-Year Review 2016 today.
