EcoFirst's 2Q net profit jumps 78 times on reversal of tax penalties, interests
KUALA LUMPUR (Jan 21): EcoFirst Consolidated Bhd saw its net profit jump over 78 times to RM11.
New age media used to market properties illegally
KUALA LUMPUR (Jan 20): Illegal property brokers and marketing companies are turning to new age media such as websites and applications to encourage landlords to use their services instead of real estate agents, said the Board of Valuers, Appraisers, and Estate Agents Malaysia (BOVAEA).
Axis REIT’s earnings crimped by higher expenses
Axis Real Estate Investment Trust (Jan 19, RM1.
Pintaras Jaya bags RM72.8 mil shopping complex job in Shah Alam
Pintaras Jaya Bhd (Jan 18, RM3.
AmFirst REIT secures RM250 mil for land acquisition in Penang
KUALA LUMPUR: AmFirst Real Estate Investment Trust has secured a RM250 million syndicated-term loan facility from Public Bank Bhd andAmBank (M) Bhd to acquire six pieces of land in Seberang Perai Tengah, Penang.
Optimism amidst challenges
BEARISH oil prices, economic turbulence, ringgit depreciation and negative news from around the world have cast a shadow on 2016.
IJM Corp unit bags RM484.2 mil contract for works in Johor
KUALA LUMPUR (Jan 15) : IJM Construction Sdn Bhd, a wholly-owned unit of IJM Corp Bhd, has clinched a RM484.
Pavilion REIT’s 4Q property income rises 4.93%, declares 4.14 sen DPU
KUALA LUMPUR (Jan 15): Pavilion Real Estate Investment Trust (Pavilion REIT) recorded a 4.
Instacom in talks on RM2 bil Indonesia port project
KUALA LUMPUR (Jan 15): Instacom Group Bhd has signed a heads of agreement (HoA) with PT Kharisma Kemingking, an Indonesian oil palm plantation company, to develop a port that has a project value of RM2 billion.
MREITs may acquire more assets this year
MALAYSIAN real estate investment trusts (MREITs) may step up acquisitions this year as the rental reversion cycle peaked in 2014, which helps with asset valuations said Malaysian REIT Managers Association chairman Datuk Stewart LaBrooy (pictured).
