Sunway REIT capex seen at RM60m to RM100m
Maintain outperform with a higher target price (TP) of RM1.
Hotel income boosts Sunway REIT 2Q earnings
KUALA LUMPUR (Feb 7): Sunway Real Estate Investment Trust’s (REIT) net property income (NPI) grew 10% year-on-year (y-o-y) to RM103.
MACC remands deputy general manager, project director and five others
PUTRAJAYA (Feb 6): The Malaysian Anti-Corruption Commission (MACC) has obtained a five-day remand today for seven individuals, including a deputy general manager and a project director of a property developer, The Star Online reported.
Kimlun buys 47 vacant plots and 30 houses in Shah Alam from Melati Ehsan for RM68m
KUALA LUMPUR (Jan 26): Kimlun Corp Bhd is buying 47 vacant detached lots and 30 double-storey detached houses in Shah Alam from Melati Ehsan Holdings Bhd for RM68.
Axis REIT’s Axis Mega seen to contribute by 2H18
Axis Real Estate Investment Trust (Jan 24, RM1.
Axis REIT on acquisition trail, targets RM292m new asset injection
KUALA LUMPUR (Jan 24): Axis Real Estate Investment Trust (Axis REIT) said it is aiming to achieve RM292 million worth of industrial asset acquisitions this year.
Woman tossing junk off Shah Alam flats goes viral
PETALING JAYA (Jan 19): As outrage roils over the death of a 14-year-old boy who was killed by a falling chair at a block of public housing in Pantai Dalam, a Facebook posting showing a woman allegedly throwing rubbish and unwanted furniture from some flats in Shah Alam has gone viral.
Sime Darby Property FY18 sales seen exceeding FY17’s
Sime Darby Property Bhd (Jan 18, RM1.
Advance Synergy expands property business with building buys
KUALA LUMPUR (Jan 17): Kuching-based Advance Synergy Bhd is acquiring two commercial properties — one located on Jalan Yap Ah Shak here and the other in Temasya Glenmarie, Shah Alam — for a combined RM40.
