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.
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.
Hua Yang up 2.83% on plan to raise stake in Magna Prima
KUALA LUMPUR (April 20): Hua Yang Bhd rose 2.
Gadang's 3Q improves on better property contribution, lower cost of sales
KUALA LUMPUR (April 20): Gadang Holdings Bhd posted a slight increase of 3% in net profit for the third quarter ended Feb 28, 2017 (3QFY17) to RM25.
OSK Holdings reshuffles board, names Ong Ju Yan MD
KUALA LUMPUR (April 20): OSK Holdings Bhd announced a number of changes to its board of directors yesterday, chief among them is the redesignation of Ong Ju Yan as managing director (MD) of the group, and his brother Ju Xing as deputy MD, with immediate effect.
Hua Yang to up stake in Magna Prima to 30.96%
KUALA LUMPUR (April 20): Hua Yang Bhd is planning to up its stake in Magna Prima Bhd by 20.
S P Setia offers differential sum loan scheme to its buyers
SHAH ALAM (April 19): Property developer S P Setia Bhd has launched a differential sum loan scheme that offers interest rates from 5.
Analysts hold S P Setia's earnings forecast pending Singapore project launch
KUALA LUMPUR (April 19): Analysts are holding their earnings forecast for S P Setia Bhd after it won the tender for a plot of prime land in Singapore, amid concern over the group’s valuation due to the high cost of the land.
Iskandar Waterfront City seeks more time to deliberate proposed merger with major shareholder
KUALA LUMPUR (April 19): Iskandar Waterfront City Bhd (IWCity) has requested for more time to deliberate on the proposed merger with its major shareholder Iskandar Waterfront Holdings Sdn Bhd (IWH).
