Suntec REIT 1Q DPU climbs 2.3%
SINGAPORE (April 27): Suntec Real Estate Investment Trust (REIT) recorded a distribution per unit (DPU) of 2.
Thriven Global FY2016 shows higher losses after audit due to impairment
KUALA LUMPUR (April 26): Thriven Global Bhd said its audited net loss for the financial year ended Dec 31, 2016 (FY16) was much larger as compared the unaudited net loss, due to impairment on the disposal of Bukit Tunku land.
Sunsuria buys controlling stake in construction firm with CIDB licence
KUALA LUMPUR (April 26): Sunsuria Bhd hopes to have access to infrastructure and development projects in the government and private sector through its acquisition of a controlling stake in a firm that holds a Construction Industry Development Board (CIDB) licence.
Gamuda Land enlists key tenants for Quayside at twentyfive.7
KOTA KEMUNING (April 26): Gamuda Land has already attracted some familiar names as key tenants for the Quayside, the waterfront commercial hub at twentyfive.
UEM Sunrise partners real estate agencies to offer one-stop management services
KUALA LUMPUR (April 25): SCM Property Services Sdn Bhd, a wholly-owned subsidiary of UEM Sunrise Bhd, will be introducing a one-stop real estate management service concept in collaboration with eight real estate agencies.
SEAL-ing the deal for property developer S P Setia
Property sector Maintain neutral: S P Setia Bhd has launched a differential sum loan scheme called Setia Express Advance Loan (SEAL), that offers purchasers of its properties lending rates as low as 5.
Ng brothers no longer substantial shareholders in Gabungan AQRS
KUALA LUMPUR (April 20): Former Gabungan AQRS Bhd executive director and deputy chairman Alvin Ng Chun Kooi has ceased to be a substantial shareholder in the company, after disposing of 5.
Education group to set up campuses in EcoWorld townships
PUNCAK ALAM (April 19): Eco World Development Group Bhd (EcoWorld) today signed two memoranda of understanding (MoUs) with Brainy Bunch International Islamic Montessori for the sale of lands at its mixed development townships to the latter, at a price to be determined later.
Strong take-up for phase 2 of E&O’s Ariza Seafront Terraces in STP
PETALING JAYA (April 18): Eastern & Oriental Bhd (E&O) has recorded 87% take-up for phase 2 of its Ariza Seafront Terraces comprising 35 units of landed homes in Seri Tanjung Pinang (STP), Penang.
Govt files winding-up proceedings against Country Heights unit
KUALA LUMPUR (April 18): The government of Malaysia has filed a winding-up petition against a subsidiary of Country Heights Holdings Bhd over some RM22.
