S P Setia to gain RM393.6m pre-tax profit in FY20, says HLIB Research
KUALA LUMPUR (Dec 18): Hong Leong Investment Bank Research is expecting S P Setia Bhd to recognise a profit before tax of RM393.
PNB and EPF buys Battersea Power Station phase 2 for RM8.35bn base consideration
PETALING JAYA (Dec 17): Battersea Phase 2 Holding Company Ltd (Battersea Phase 2 Holdco) and PNB-Kwasa International 2 Ltd has inked a sale and purchase agreement to acquire Phase 2 of the Battersea Power Station commercial assets last Friday for a base consideration of £1.
Advancecon bags RM43m earthworks job from Sime Darby
KUALA LUMPUR (Nov 15): Advancecon Holdings Bhd has bagged a RM43.
Zeti: Property prices have to adjust
KUALA LUMPUR (Oct 31): Property prices will definitely have to adjust in the near term to cater to the softening demand, said Sime Darby Property Bhd's chairman Tan Sri Zeti Akhtar Aziz.
Deadline to finalise RM8.8b Battersea deal extended to Dec 31
KUALA LUMPUR (Oct 6): The deadline to finalise a proposed £1.
Sime Darby Property to develop Malaysia's biggest property project alone – report
PETALING JAYA (Oct 4): Sime Darby Property Bhd will be developing the 379,000-acre Malaysia Vision Valley (MVV) to the south of Kuala Lumpur on its own after a Memorandum of Understanding (MoU) inked with two other partners to jointly develop the project lapsed a year ago, reported The Star.
'Possibly' another extension in Battersea Phase 2 deal, says PNB
KUALA LUMPUR (Sept 27): Permodalan Nasional Bhd (PNB) is not discounting another extension for the completion of the proposed stake acquisition in the Battersea Power Station (BPS) project in the UK.
Sime Prop makes it into DJSI, only Malaysia real estate company to make cut
KUALA LUMPUR (Sept 18): Sime Darby Property Bhd (Sime Prop) has been recognised as an index component of the Dow Jones Sustainability Indices (DJSI), after obtaining a good sustainability score that qualified it as an index constituent in the Dow Jones Sustainability Emerging Markets Index.
Sime Darby Prop eyes up to 10% recurring income contribution
KUALA LUMPUR (Aug 29): Sime Darby Property Bhd (SDP) is targeting its recurring income segment to contribute up to 10% from its profit before interest and tax (PBIT) by 2022 or 2023 as part of the group’s strategic pillars to grow the recurring income, according to group chief financial officer Datuk Tong Poh Keow.
