KUALA LUMPUR (Aug 2): Analysts are generally positive on the news of Sime Darby’s disposal of its 40% stake in Seriamas Development Sdn Bhd (SDSB) to Permodalan Nasional Bhd yesterday for RM625 million cash, despite the lack of details surrounding the transaction.
KUALA LUMPUR (Aug 1): Sime Darby Bhd is disposing of its 40% stake in Seriemas Development Sdn Bhd to Permodalan Nasional Bhd (PNB) for RM625 million cash to monetise the seller's real estate assets.
KUALA LUMPUR (Aug 1): Malaysia-based construction services company, BGMC International Ltd (BGMC) is set to list on the Main Board of the Hong Kong Stock Exchange (HKSE) on Aug 9.
KUALA LUMPUR (July 31): Analysts have given the thumbs up to conglomerate Sime Darby Bhd's management changes announced last Friday, as they opined the changes would pave the way for the group's demerger exercise.
PETALING JAYA (July 28): Sime Darby Bhd has announced a new executive line-up and has named Permodalan Nasional Bhd (PNB) group chairman Tan Sri Abdul Wahid Omar as Sime Darby Property Bhd chairman while former Media Prima Bhd group managing director Datuk Seri Amrin Awaluddin will be the property arm’s managing director.
PETALING JAYA (July 27): Melawati Mall in Taman Melawati, Kuala Lumpur opened its doors yesterday to serve an estimated 740,000 residents in the surrounding neighbourhoods which include Taman Melawati, Taman Melati, Wangsa Maju, Bukit Antarabangsa, Ukay Heights, and Kemensah Heights.
PETALING JAYA (July 4): The Battersea Power Station redevelopment project will see its first commercial tenants open for business in the summer of 2017.
KUALA LUMPUR (June 30): CIMB IB Research reiterated its ‘Add’ recommendation on Sime Darby Bhd following the group’s disposal of approximately 297.
KUALA LUMPUR (June 29): Sime Darby Bhd is selling New Lunderston Estate, a freehold tract measuring 297.
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