AHB's interim income distribution drops slightly to 3.1 sen per unit
KUALA LUMPUR (April 5): Amanah Hartanah Bumiputera's (AHB) income distribution for the six months ended March 31, 2017 fell to 3.
PHB’s Mayang Mall to be completed by 2020
PETALING JAYA (April 4): The real estate arm and wholly-owned subsidiary of Yayasan Amanah Hartanah Bumiputera (YAHB), Pelaburan Hartanah Bhd (PHB) has officially launched Mayang Mall in Kuala Terengganu.
CEO Phua offers to privatise TEE International at 21.5 Singapore cents per share
SINGAPORE (April 3): Phua Chian Kin, group CEO and controlling shareholder of TEE International, is offering to buy out other shareholders for 21.
Mulpha International's Australia hotel damaged by Cyclone Debbie
KUALA LUMPUR (March 31): Mulpha International Bhd said its One&Only Hayman Island hotel along Australia's Great Barrier Reef "incurred significant damage" last Tuesday (March 28) from Cyclone Debbie.
Revamp old warehouses, shophouses for e-commerce, says Area Management
KUALA LUMPUR (March 25): Old warehouses and shophouses in highly populated areas but with limited distribution network have the potential to be turned into distribution and customers service centres, said Area Management Sdn Bhd CEO Rajesh Kumar Tharmalingam (pictured).
Mulpha plans 10-into-one share consolidation
KUALA LUMPUR (March 22): Energy, construction and real estate group Mulpha International Bhd has announced a 10-into-one share consolidation plan to improve its capital structure and reduce the trading volatility of its shares.
SPH REIT upgraded to ‘buy’ on potential mall acquisition
SINGAPORE (March 16): DBS Group Research has upgraded SPH REIT to “buy”, from “hold” previously, and raised its target price by 3% to S$1.
Estate agents should explore selling to REITs
SETIA ALAM (March 4): Property agents should shift their mindsets and explore more options in terms of property selling, according to Axis Real Estate Investment Trust (REIT) Managers Bhd head of investment Siva Shanker.
JPPH venturing into new frontiers
NEWLY appointed Valuation and Property Services Department (JPPH) director general Dr Rahah Ismail is certainly qualified for the job.
Mammoth Empire sells Empire Shopping Gallery to PHB, has option to buy it back in 5 years
PROPERTY developer and asset manager Mammoth Empire Holdings Sdn Bhd has signed on the dotted line to sell its flagship Empire Shopping Gallery in Subang Jaya, Selangor, to Pelaburan Hartanah Bhd (PHB) for RM570 million cash.
