Land & General to acquire Pembinaan Jaya Megah for RM90 mil
KUALA LUMPUR (June 10): Property developer Land & General Bhd announced that its wholly-owned unit Victory Vista Sdn Bhd has signed a share sale agreement to acquire Pembinaan Jaya Megah Sdn Bhd – which will own 112.
Malton unveils RM1.5 bil Bukit Jalil City project
PETALING JAYA (June 9): Malton Bhd and Kuala Lumpur Pavilion Sdn Bhd unveiled its RM1.
Hua Yang on track to build high-rise mixed-use development RM800 mil project in Selayang
KUALA LUMPUR (June 2): Hua Yang Bhd is on track to begin construction of a high-rise mixed-development project in Selayang with a gross development value (GDV) of RM800 million after shareholders passed the ordinary resolution that will give effect to the proposed acquisition of a piece of land measuring 8.
E&O plans to list unit to help reduce gearing
KUALA LUMPUR (June 1): Eastern & Oriental Bhd’s (E&O) proposed listing of its UK-based subsidiary, Eastern & Oriental Property (UK) Ltd, on the London Stock Exchange by year-end will help the developer to reduce its gearing level, said analysts.
Malton 3Q net profit jumps to RM5.2m on higher billings
KUALA LUMPUR (May 27): Property developer Malton Bhd recorded a 95.
Rising investment yields in the UK
PETALING JAYA (May 6): Residential investment yields are on the rise in the UK.
EPF in talks to divest 1–2 properties in UK
KUALA LUMPUR (April 10): The Employees Provident Fund (EPF) is in discussions to divest one or two of its property assets in the UK.