Jiankun’s unit hit with another lawsuit from ex-JV partner concerning residential project
In December 2022, JKID received a notice of demand from Fivestar for RM12.
Live in the Centre at TRX Residences
The opening of The Exchange TRX retail and TRX City Park recently sparked a frenzy nationwide and both continue to be mainstays on the digital sphere.
Kimlun bags RM134m contract from Sunway unit to build houses in JB
The project, which is expected to be completed in the third quarter of 2026, is expected to contribute positively to Kimlun Group’s earnings and net assets for the financial years during the contract period.
Daim-linked Avillion shares rise to six-month high on assuring business as usual
Prior to Avillion’s assurances, the group’s shares fell one sen or 16.
Sunway REIT 4Q net property income falls 7%, declares 4.68 sen DPU
The contraction in Sunway REIT’s NPI was attributed to higher reversal of doubtful debt provision recorded in 4QFY2022 and the impact of increased Imbalance Cost Pass-Through (ICPT) electricity charges across all segments.
Daim-linked Avillion says business as usual
On Monday (Jan 29), Avillion and 23 of its subsidiaries were listed among the 71 assets listed in the MACC’s charge sheet in charging Daim for failing to declare his assets to the anti-corruption body.
YNH Property now plans to sell 163 Retail Park to Sunway REIT for RM215m cash
YNH had previously inked an agreement in November 2022 to sell the mall for RM270.
Sunsuria to raise stake in Bangsar Hill Park developer by 33% for RM71m cash in related party deal
Bangsar Hill Park was launched in August 2020, and is expected to be fully completed over the next eight years from the date of the announcement of the RPT (Jan 29), with estimated costs of around RM1.
RHB IB maintains 'overweight' call on real estate sector, identifying UEM as top proxy in Johor
In a sector update on Friday, the research house said that if the government decides to proceed with the Johor Light Rail Transit (LRT) and Kuala Lumpur-Singapore High-Speed Rail (HSR) projects, it could boost demand for residential, commercial and industrial properties in Iskandar Malaysia in the coming years, leading to an increase in prices for strategically located parcels of land.
Sunsuria poised for a technical rebound, says RHB Retail Research
In a trading stocks note on Friday, the research house said that if a breakout above that level happens, the stock may trend upwards further towards 58 sen, followed by the next resistance point of 62 sen, which is also the 4-month high.
