News about ST

KUALA LUMPUR (May 25): Eastern & Oriental Bhd’s net profit for its fourth quarter of its 2015 financial year has doubled to RM100.

KUALA LUMPUR (May 25): WCT Holdings Bhd’s net profit declined 17% to RM33.

KUALA LUMPUR (May 25): Property developer IGB Corp Bhd is planning more mixed development projects in the domestic and overseas markets over the next five to eight years, with an estimated gross development value (GDV) of RM10 billion.

KUALA LUMPUR: UEM Sunrise Bhd, the largest landlord in the Iskandar region in Johor, has seen its share price shrink to only one-third of its peak at RM3.

KUALA LUMPUR (May 22): Principal Place Residential Ltd will be launching 90 units of luxury apartments named Upper House at Mandarin Oriental Hotel in Kuala Lumpur this weekend.

KUALA LUMPUR (May 21): Land development and “vertical living”  issues were today addressed at the 10th National Real Estate Research Coordinator (Naprec) Conference held at the National Institute of Valuation (Inspen) in Kajang.

CYBERJAYA (May 15): Joyful Star Sdn Bhd, a subsidiary of Emkay Group Bhd, will sell part of its Star Central development in Cyberjaya to Kabaz Sdn Bhd for RM26 million.

Sunway Bhd (May 12, RM3.

CHERAS (May 12): Boustead Ikano Sdn Bhd, a joint venture between Boustead Holdings Bhd and Ikano Pte Ltd, today unveiled MyTown – a new shopping centre encompassing 18 acres, which will open in the second half of 2016.

MELBOURNE (May 12): Standing at 18 storeys high, Fawkner Centre on the premier boulevard of 499 St Kilda Road in Melbourne, Victoria, will undergo a transformation from October to change its purpose from commercial to residential following the recent acquisition by real estate investment manager Qualitas.