Ipmuda disposes of two properties in Johor for RM11.3m
KUALA LUMPUR (May 22): Building materials trader Ipmuda Bhd is selling off two freehold properties in Johor to Kenyin Hardware Sdn Bhd for a total of RM11.
Hektar REIT pays 2.3 sen DPU, 1Q NPI up 10%
KUALA LUMPUR (May 22): Hektar Real Estate Investment Trust (REIT)’s first quarter net property income (NPI) grew 9.
MRCB rises in active trade on news of disposing EDL to govt by year end
KUALA LUMPUR (May 22): Shares of Malaysian Resources Corp Bhd (MRCB) rose 1.
Lower property development earnings seen for IOI Properties
IOI Properties Group Bhd (May 21, RM1.
Recurring rental income seen for Sime Darby Property’s JV
Sime Darby Property Bhd (May 21, RM1.
Cahya Mata Sarawak business model seen to remain intact
Cahya Mata Sarawak Bhd (May 21, RM1.
Aspen to secure RM44m via convertible loan
KUALA LUMPUR (May 22): Aspen Group Holdings Ltd is planning to raise RM44 million via a convertible loan agreement to finance its investments in associate company Global Vision Logistics Sdn Bhd in Shah Alam, the construction of the central park located in Aspen Vision City, investment in associate company Bandar Cassia Properties (SC) Sdn Bhd, its other development projects and for working capital.
Sunway's Velocity Mall helps lift 1Q net profit by 14.1%
KUALA LUMPUR (May 22): Sunway Bhd’s net profit for the first financial quarter ended March 31, 2018 (1QFY18) grew 14.
New housing and local government minister sworn in
PETALING JAYA (May 21): Ampang MP Zuraida Kamaruddin (pictured) has been sworn in as Housing and Local Government Minister, along with 11 other ministers, at the Istana Negara today, reported Bernama.
MRCB keeps end-2018 target for disposal of EDL
KUALA LUMPUR (May 21): Malaysian Resources Corp Bhd (MRCB) remains hopeful that it can complete its disposal of the Eastern Dispersal Link (EDL) to the Malaysian government by the end of this year.
