News about ST

S P Setia Bhd (Sept 9, RM3.

KUALA LUMPUR (Sept 13): The recent positive US housing data is good news for exports-oriented furniture manufacturer Poh Huat Resources Holdings Bhd, which derives at least 60% of its sales from the US market.

KUALA LUMPUR (Sept 13): Analysts expect no significant impact on the local property market, following the government’s move to allow eligible property developers to obtain a licence under the Moneylenders Act and Pawnbrokers Act to provide up to 100% financing for homebuyers.

KUALA LUMPUR (Sept 13): Permodalan Nasional Bhd (PNB) is facing a setback in the ongoing construction of what would be the tallest building in Southeast Asia, which raises the spectre of possible delay in completion, sources say.

PUCHONG: Hillcrest Gardens Sdn Bhd will be launching a medium high-end condominium project in Puchong, Selangor at the end of the year.

MUTIARA Damansara translates to The Pearl of Damansara and this township in the north of Petaling Jaya, Selangor is certainly shining like a gem for those who initially bought properties there.

SINGAPORE (Sept 9): Maybank Kim Eng has upgraded two Singapore office REITs, CapitaLand Commercial Trust (CCT) and Keppel REIT, to “buy” from “hold”, even as office rents are expected to continue to slide in the near term.

KUALA LUMPUR (Sept 9): M101 Holdings Sdn Bhd, a two-year-old property developer, is eyeing up to RM700 million sales by December  for its RM1.

KUALA LUMPUR (Sept 9): M101 Holdings Sdn Bhd is tapping into the property tourism industry with its iconic development M101 SkyWheel which has a Ferris wheel on top of the building.

Rented for: RM11,000 (RM1.