Guocoland says 3Q earnings more than double to nearly S$30 mil on higher sales
SINGAPORE (April 20): Guocoland saw 3Q earnings more than double to S$29.
Meda Inc to sell The Summit Hotel Bukit Mertajam for RM20 mil
KUALA LUMPUR (April 20): Meda Inc Bhd is disposing of its hotel The Summit Hotel Bukit Mertajam in Penang for RM20 million to partially fund its working capital requirements.
Ng brothers no longer substantial shareholders in Gabungan AQRS
KUALA LUMPUR (April 20): Former Gabungan AQRS Bhd executive director and deputy chairman Alvin Ng Chun Kooi has ceased to be a substantial shareholder in the company, after disposing of 5.
Unravelling the knots of property management (Part 2)
This is Part 2 of the Q&A with speakers following TheEdgeProperty.
Time for investors of this Singapore REIT to take profit
SINGAPORE (April 20): RHB has downgraded its call on CapitaLand Commercial Trust (CCT) from “buy” to “take profit”, recommending investors to lock in profits and re-enter at lower levels now that the units of the trust are currently hovering close to the research house’s target price of S$1.
Time to target the Malay market, says Ahyat Ishak
KELANA JAYA (April 20): Property developers need to take a relook at their marketing strategies to target the Malay consumers better, said seasoned property investor Ahyat Ishak.
Frasers Centrepoint sells DUO hotel and offices in Sydney for S$199 mil
SINGAPORE (April 20): Frasers Centrepoint’s Australian division and JV partner is selling Sydney’s Four Points by Sheraton hotel in Central Park and some associated office space for nearly A$190 million (S$199 million or RM626.
Malaysia's Public Sector Home Financing Board issues RM3.25 bil sukuk
KUALA LUMPUR (April 20): Malaysia's Public Sector Home Financing Board had today issued up to RM3.
Hua Yang up 2.83% on plan to raise stake in Magna Prima
KUALA LUMPUR (April 20): Hua Yang Bhd rose 2.
