Iris falls 9.1% on posting largest net loss to date
KUALA LUMPUR (June 1): Iris Corp Bhd fell 9.
Sentosa Cove property market stirs
AFTER a three-year slump, signs of life are returning to the property market in Sentosa Cove.
Slump in construction drags Vivocom's 1Q profit down 74%
KUALA LUMPUR (May 31): Vivocom International Holdings Bhd's net profit fell 74% to RM5.
Marco plans to diversify into property sector
UALA LUMPUR (May 31): Marco Holdings Bhd — the distributor of Casio watches, calculators, digital cameras and musical instruments — plans to expand its business into property development in the next two years.
Asia Pacific investors look to home amid policy uncertainties in US, Europe
PETALING JAYA (May 31): The Asia-Pacific region is expected to benefit from the policy uncertainties in the US and Europe in recent times.
Ascott Residence Trust acquires Doubletree by Hilton hotel in Manhattan for S$148 mil
SINGAPORE (May 31): Ascott Residence Trust (ART) is acquiring DoubleTree by Hilton Hotel New York – Times Square South for US$106 million (S$148.
Hap Seng eyes more acreage in Sabah
KUALA LUMPUR (May 31): Hap Seng Consolidated Bhd is looking at expanding its acreage in Sabah as it continues to expect stable contributions from its palm oil plantations division.
Mah Sing says expanding landbank as 1Q revenue tops RM723 mil
KUALA LUMPUR (May 31): Mah Sing Group Bhd is expanding its landbank as the property developer plans some RM1.
LBS Bina still positive on China joint venture
KUALA LUMPUR (May 31): LBS Bina Group Bhd has said it is still positive on its joint venture with China's local investment arm Zhuhai Jiuzhou Group Holdings Ltd, as the company expects to obtain planning and layout approvals for the project within the next few months.
MKH’s 2Q net profit falls 10.8% on lower revenue, slowing property and construction segment
KUALA LUMPUR (May 31): MKH Bhd has reported lower net profit and revenue for its second quarter ended March 31, 2017 (2QFY17) mainly due to lower sales revenue and profit recognition from its property and construction segment.
