Bina Darulaman group MD’s contract extended by two years
KUALA LUMPUR (Feb 16): Bina Darulaman Bhd’s group managing director Datuk Izham Yusoff’s contract has been extended by another two years, effective from this month.
Yong Tai to partner Iconic Paragon in new Bukit Bintang project
KUALA LUMPUR (Feb 16): Yong Tai Bhd is taking up a 70% stake in land holding company Iconic Paragon Sdn Bhd for a proposed development on two leasehold plots with a cumulative size of 1.
Ekovest up 6% on special dividend
KUALA LUMPUR (Feb 14): Ekovest Bhd rose as much as 17 sen or 6% after the company declared a special dividend of 25 sen a share to shareholders.
Ekovest to pay 25 sen special dividend post DUKE stake sale
KUALA LUMPUR (Feb 14): Ekovest Bhd, which has completed the sale of a 40% stake in the Duta-Ulu Kelang Expressway (DUKE) concession to the Employees Provident Fund (EPF), will be paying a 25 sen special dividend to shareholders.
Soft market, new opportunities
While there was a sharp drop in the volume of transactions across all subsectors in the property market last year, average prices per unit are still increasing 5%, says CBRE | WTW managing director Foo Gee Jen in presenting the Malaysia series of the property consultancy firm’s Asia-Pacific Real Estate Market Outlook for 2017.
WZR Property to launch two more phases of The Earth
PETALING JAYA (Feb 11): WZR Property Sdn Bhd will be launching two new phases of its Bukit Jalil development — The Earth, by the end of next month, according to the company’s director of development Ibrahim Rahmad.
ZEPP Hall signs 20-year lease deal with BBCC
KUALA LUMPUR (Feb 10): BBCC Development Sdn Bhd, the developer of the Bukit Bintang City Centre (BBCC) project has inked an Agreement to Lease (ATL) today with Zepp Hall Network Inc (Zepp Hall) for a 20 year lease tenure to operate a Zepp branded concert hall at BBCC.
Affordable housing proves to be fruitful for O&C Resources
KUALA LUMPUR (Feb 10): In May last year, O&C Resources Bhd (OCR) shareholders gave the rubber and baby products manufacturer the greenlight to diversify into property development.
80 million Ekovest shares up for sale?
RIDING on a tide of good news over the past one year, Ekovest Bhd’s market capitalisation has surged over 140% to RM2.
60% take-up rate for Senada Residences @ ALYA Kuala Lumpur
KUALA LUMPUR (Feb 6): Sime Darby Property’s Senada Residences project at ALYA Kuala Lumpur has achieved a take-up rate of between 55% and 60% since its official launch in September last year.
