KUALA LUMPUR (Aug 15): Sime Darby Bhd has initiated a reverse takeover (RTO) of Japan’s Saizen Real Estate Investment Trust (REIT) under which it will be injecting several of its industrial properties in Australia into the REIT, in exchange for a a certain amount of units in the REIT and cash.
TWO years ago, Singaporean David Neubronner moved into his new home at Straits View Residences, a gated landed housing community located in the Permas Jaya housing estate of Johor Bahru.
PETALING JAYA (Aug 13): Some developers might be deterred by the sluggish property market by pushing back their launches but Sunway Property, the property development arm of Sunway Bhd, sees opportunities in the downturn.
HOMEBUYERS and investors who have been waiting on the sidelines for the government to tweak the property cooling measures before committing to a purchase will have to wait a little longer.
KUALA LUMPUR (Aug 3): Johor Bahru's City Council (MBJB) intends to collaborate with Singapore Exchange-listed property developer Astaka Holdings Ltd in relocating the city council's new headquarters to a new central business district in Johor, One Bukit Senyum (pictured) (OBS).
THERE are still many details of the KL-Singapore high-speed rail project that need ironing out before the bilateral agreement is signed at the end of the year.
PETALING JAYA (July 26): Following the recent signing of the Memorandum of Understanding (MoU) on the Kuala Lumpur-Singapore high speed rail (KL-SG HSR) by both the Malaysian and Singaporean governments, MyHSR Corp Sdn Bhd (MyHSR) has selected CH2M as its technical advisor for the landmark cross-border project.
SINGAPORE (July 27): DBS Vickers Securities is keeping its “hold” call on CapitaLand Mall Trust (CMT) with a higher target price of S$2.
SINGAPORE (July 26): UOB is expecting the Singapore-Kuala Lumpur High Speed Rail to be the “next growth-game changer for the two countries, after Singapore Prime Minister Lee Hsien Loong and Malaysia Prime Minister Najib Razak signed the memorandum of understanding for the project on July 18.
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