BAssets 4Q net loss widens following higher deferred tax bill
KUALA LUMPUR (Aug 22): Berjaya Assets Bhd’s (BAssets) net loss widened significantly in the fourth quarter ended June 30, 2019 (4QFY19) to RM83.
Damansara Realty's 2Q earnings lifted by JV project, lower expenses
KUALA LUMPUR (Aug 15): Damansara Realty Bhd recorded improved second quarter earnings, thanks to lower operating expenses and contribution from its joint venture (JV) development in Central Park, Johor Bahru.
Axis REIT to buy two industrial properties in Johor for RM55.8m
KUALA LUMPUR (Aug 14): Axis Real Estate Investment Trust is planning to acquire two industrial properties for a total of RM55.
Property consultant: Stop building serviced apartments in Johor Bahru
PETALING JAYA (Aug 6): A property consultant recently said that developers should stop constructing serviced apartments in Johor Bahru.
An affordable PJ address
Petaling Jaya Old Town, popularly known as PJ Old Town, is where the satellite city of Petaling Jaya (PJ) first took shape.
Axis REIT leases PDC land for FedEx courier facility
KUALA LUMPUR (July 15): Axis Real Estate Investment Trust (REIT) is leasing 2.
Damansara Realty's unit bags contract to build, manage parking facility in the Philippines
KUALA LUMPUR (July 3): Damansara Realty Bhd's indirect wholly-owned unit Metro Parking Management (Philippines) Inc (MPP) has received a lease contract to construct and manage a parking lot in Muntinlupa City, Philippines.
Damansara Realty partners Negeri Sembilan state investment arm in RM771m mixed development
KUALA LUMPUR (June 17): Damansara Realty Bhd is partnering the state investment arm of Negeri Sembilan — the Menteri Besar Negeri Sembilan (Inc) or MBNSI — to jointly develop a RM771 million mixed development in Bandar Sri Sendayan, Negeri Sembilan.
Guan Eng: Entry to US currency watchlist highlights Malaysia’s economic strength
KUALA LUMPUR (May 30): The inclusion of Malaysia in the US Department of Treasury’s watchlist actually highlights the strength of the nation’s economy, as the list includes other major trading economies as well, said Finance Minister Lim Guan Eng “While the US Treasury has included Malaysia into its expanded Monitoring List of Potential Currency Manipulator, the report does not name Malaysia as a currency manipulator.
