Wing Tai Malaysia takeover positive for Wing Tai Holdings
SINGAPORE (May 24): OCBC is maintaining its ‘buy’ on Wing Tai Holdings (Wing Tai) after the latter made an unconditional voluntary takeover offer for Wing Tai Malaysia Bhd (WTM).
Polish model wins The Apartment: Rising Stars Edition
PETALING JAYA (May 23): After 10 gruelling episodes, Aleksandra Flasz from Poland emerged as the winner of The Apartment: Rising Stars Edition, and walked away with US$100,000 (RM430,000) cash prize.
Wing Tai general offer seems unattractive
KUALA LUMPUR (May 24): Controlling shareholders of Wing Tai Malaysia Bhd (WTM) want to take the property developer and apparel retailer private at RM1.
Matrix Concepts plans to raise RM250 mil via sukuk
KUALA LUMPUR (May 22): Matrix Concepts Holdings Bhd plans to raise up to RM250 million from issuance of Islamic commercial papers and/or medium term notes to finance future investments, working capital and capital expenditure.
UEM Sunrise shines on 1Q profit jump
KUALA LUMPUR (May 18): UEM Sunrise Bhd rose as much as seven sen or 5% after the property developer said first quarter net profit rose 1,929% from a year earlier.
Sabana REIT manager CEO Xayaraj steps down; acquisition of 47 Changi South Ave 2 aborted
SINGAPORE (May 10): Kevin Xayaraj has stepped down from his position as CEO and executive director of Sabana Real Estate Investment Management (SREIM), the manager of Sabana REIT.
Six questions to ask at Sabana REIT’s EGM today
SINGAPORE (April 28): Unitholders of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust will vote today on booting out the REIT’s manager, and perhaps winding up the whole entity.
Analysts hold S P Setia's earnings forecast pending Singapore project launch
KUALA LUMPUR (April 19): Analysts are holding their earnings forecast for S P Setia Bhd after it won the tender for a plot of prime land in Singapore, amid concern over the group’s valuation due to the high cost of the land.
AmFIRST REIT's 4Q NPI rises 15%, pays 2.13 sen DPU
KUALA LUMPUR (April 19): AmFIRST Real Estate Investment Trust (REIT) saw its net property income (NPI) grow by 15.
