AmanahRaya REIT proposes lower 4Q DPU despite jump in net income
KUALA LUMPUR (Feb 15): Amanahraya Real Estate Investment Trust (REIT)’s distribution per unit (DPU) for the fourth quarter ended Dec 31, 2017 (4QFY17) fell 5.
TTDI residents seek donation for legal fees
PETALING JAYA (Dec 26): The Taman Tun Dr Ismail Residents’ Association (TTDI RA) and Save Taman Rimba Kiara Working Group are seeking donations from the public to raise funds for the ongoing court case against Dewan Bandaraya Kuala Lumpur (DBKL) and the KL mayor.
TTDI residents hit back at FT Minister's claims
PETALING JAYA (Dec 19): The Taman Tun Dr Ismail Residents’ Association (TTDI RA) has refuted several claims made by the Federal Territories (FT) Minister Datuk Seri Utama Tengku Adnan Tengku Mansor regarding issues related to the proposed high-rise development near Taman Rimba Kiara (TRK).
AmanahRaya REIT to dispose of land
KUALA LUMPUR: AmanahRaya Real Estate Investment Trust (REIT) has proposed to sell a piece of freehold land in Shah Alam to Nippon Express (M) Sdn Bhd for RM105 million.
Ekovest posts flat 1Q net profit
KUALA LUMPUR (Nov 28): Ekovest Bhd, controlled by tycoon Tan Sri Lim Kang Hoo, reported a flat net profit for the first financial quarter ended Sept 30, 2017 (1QFY18), as higher sales recognition from its property development projects was offset by lower profits from its construction operations.
Gains from land disposal boosts YTL Land & Development’s profit by over nine times
KUALA LUMPUR (Nov 22): YTL Land & Development Bhd's net profit surged by more than nine times to RM78.
CIMB: Malaysia's move to freeze luxury property project approval 'positive'
KUALA LUMPUR (Nov 20): CIMB Investment Bank Bhd said Malaysia's move to freeze approvals for development of shopping complexes, offices, serviced apartments and luxury condominiums priced over RM1 million here, will address the oversupply situation in the country's property market.
UPDATE: Jalan Medang Tanduk reopens following landslide
PETALING JAYA (Nov 19): Jalan Medang Tanduk at Bukit Bandaraya, Bangsar, has reopened following a landslide caused by a slope retaining wall collapsing at 11.
Jalan Medang Tanduk in Bangsar closed after retaining wall collapses
PETALING JAYA (Nov 19): Jalan Medang Tanduk at Bukit Bandaraya, Bangsar, will be closed for the foreseeable future after a hillslope retaining wall collapsed at 11.
