Singapore REITs outlook cloudy as rate hike looms following Trump triumph
SINGAPORE (Nov 16): Dark clouds are gathering for Singapore real estate investments trusts (REITs).
Hua Yang marks debut in Penang with Meritus Residensi
PETALING JAYA (Nov 16): Hua Yang Bhd has marked its entry into Penang’s property market with its maiden residential project, Meritus Residensi, located at Jalan Baru, Seberang Perai, Penang.
S P Setia 'bumper earnings' seen — RHB
KUALA LUMPUR (Nov 16): S P Setia Bhd is expected to see strong fourth quarter earnings, due to the handover of the property developer's two overseas projects, according to RHB Research Institute Sdn Bhd.
Liow’s justification of ECRL cost raises more questions than answers, says Pua
KUALA LUMPUR (Nov 16): The DAP’s Tony Pua (pictured) said that Transport Minister Datuk Seri Liow Tiong Lai’s attempts to justify the increase in price from RM29 billion to RM55 billion for the proposed East Coast Rail Link (ECRL) raises many more questions than answers.
MREITs unlikely to be impacted by US interest rate concerns
Malaysian real estate investment trusts Maintain overweight: Concerns over tightening US interest rates are not expected to have a dampening impact on Malaysian real estate investment trusts (MREITs), in our view.
KLK expected to post 4QFY16 CNI of RM330 mil to RM350 mil
Kuala Lumpur Kepong Bhd (Nov 15, RM23.
Land & General to buy four firms for RM298 mil; proposes rights issue
KUALA LUMPUR (Nov 16): Land & General Bhd (L&G) is acquiring four companies for a total of RM298.
Sunway to turn office blocks above upcoming mall into REIT product
SUBANG JAYA (Nov 16): Sunway Bhd plans to turn the office blocks located above the upcoming Sunway Velocity Mall into a real estate investment trust (REIT) product.
EcoWorld gains 3% after JV with EPF to undertake RM15 bil project
KUALA LUMPUR (Nov 16): Shares in Eco World Development Group Bhd (EcoWorld) jumped as much as 3.
