AQRS to get RM500 mil SUKE subcontract
Gabungan AQRS Bhd, a mid-size construction and property development company, is getting a RM500 million subcontract for the CA3 portion of the Sungai Besi-Ulu Kelang Expressway (SUKE).
IGB to sell Renaissance KL for RM765 mil
KUALA LUMPUR (Aug 15): IGB Corp Bhd announced a proposed disposal of Renaissance Kuala Lumpur Hotel (Renaissance KL) (pictured) by Great Union Properties Sdn Bhd, a wholly-owned subsidiary of IGB to Ventura International Sdn Bhd for RM765 million.
A softer performance seen for Sunway REIT’s hotel segment in FY17
Sunway Real Estate Investment Trust Maintain buy with a higher target price of RM1.
Tambun Indah Land’s first-half earnings within expectations
Tambun Indah Land Bhd (Aug 12, RM1.
Sunway seeks opportunities amidst an economic downturn
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.
Penang on fact-finding mission on rent-control policy
PETALING JAYA (Aug 12): The Penang state government is on a fact-finding mission to pin point the possible impact of a rental hike on its pre-war buildings in George Town.
Tambun Indah 2Q net profit up 67% on more billings, take-up rates
KUALA LUMPUR (Aug 12): Tambun Indah Land Bhd’s net profit rose 67% to RM28.
Sunway REIT 4Q net property income grows 6.8%
KUALA LUMPUR (Aug 12): Sunway Real Estate Investment Trust’s (REIT) net property income (NPI) rose 6.
‘Ringgit to stay strong vs pound’
KUALA LUMPUR (Aug 12): A leading British forecasting group says the ringgit will remain strong against the pound sterling, ranging between 5 and 5.
EcoWorld unveils Eco Grandeur township at the opening of new sales gallery
PUNCAK ALAM (Aug 11): Eco World Development Group Bhd (EcoWorld) has unveiled Eco Grandeur, its latest integrated township in Puncak Alam, Kuala Selangor, in conjunction with the opening of the developer’s 12th sales gallery in Malaysia.
