CapitaLand acquires S$70 mil prime site in Ho Chi Minh for residential development
SINGAPORE (Sept 23): CapitaLand has made its third acquisition in Vietnam within 14 months with the purchase of a prime site in Ho Chi Minh City, for US$51.
Poh Huat upbeat about positive US housing data
KUALA LUMPUR (Sept 13): The recent positive US housing data is good news for exports-oriented furniture manufacturer Poh Huat Resources Holdings Bhd, which derives at least 60% of its sales from the US market.
JAKS Resources’ 2Q earnings more than triple to RM9.83 mil
KUALA LUMPUR (Aug 23): JAKS Resources Bhd’s net profit for the second quarter ended June 30, 2016 (2QFY16) increased by more than three times to RM9.
Genting, Pavilion in US$6 bil Vietnam project
KUALA LUMPUR (Aug 4): Malaysia's Genting Group and Pavilion Group are partnering with Vietnam-based property developer Van Thinh Phat Group Corp to develop the US$6 billion (about RM24 billion) Saigon Peninsula mixed project in Ho Chi Minh City, Vietnam.
CapitaLand's Ascott on track to hit target of 80,000 units by 2020: Lim & Tan
SINGAPORE (June 21): The Ascott Limited, CapitaLand’s wholly owned serviced residence business unit, announced on Monday it has secured seven new properties with 1,714 units across seven cities in Asia.
First Oakwood hospitality property in Malaysia to open in 3Q2016
KUALA LUMPUR (May 9): Malaysia’s first Oakwood hotel and serviced apartments – formerly the Nomad SuCasa Hotel – is scheduled to open in September this year, said property owner Plenitude Bhd.
Sunway invests RM875m to expand hospitality unit
PETALING JAYA (April 1): Sunway Hotels & Resorts, the hospitality arm of property-construction conglomerate Sunway Group, will invest RM875 million to facilitate the redevelopment and expansion of its hotels across Malaysia, Cambodia and Vietnam.
Jet Set with Setia winners travel to China
GUILIN (Feb 22): S P Setia Group's Jet Set with Setia campaign has helped two lucky winners, Tai Yu Jen and Tang Lih Pin to fulfil one of their longstanding wishes -- bringing their fathers for a relaxing trip to China.
