News about ar

KUALA LUMPUR (April 22): Econpile Holdings Bhd has bagged a piling and related works contract from TWY Development Sdn Bhd for the latter’s TWY @ Mont Kiara duplex condominiums, valued at RM29.

KUALA LUMPUR (April 22): BIMB Securities Research reported on April 21 that IOI Properties Group Bhd now has a leaner structure comprising three main segments -- property development, property investments, and leisure and hospitality.

KUALA LUMPUR (April 22): MIDF Amanah Research reported on April 21 that Axis REIT’s first quarter of financial year 2015 (1QFY15) core net income of RM22.

KUALA LUMPUR (April 21): Mayland Universal Sdn Bhd is said to be building the last high-rise development in Sri Hartamas.

KUALA LUMPUR (April 21): Eco World Development Group Bhd today accepted a letter of award from the Penang Development Corporation (PDC) to develop 449.

KUALA LUMPUR (April 21): The property market volume and value of transactions in Putrajaya rose 72.

KUALA LUMPUR (April 20): MIDF Research has maintained its “Neutral” rating on the property sector and said that it expects demand for property to remain slow in 2015.

KUALA LUMPUR (April 20): AllianceDBS Research reported on April 17 that the Eco World Development Group Bhd (ECW) announced that it had received a letter of award (LOA) from the Penang Development Corporation (PDC) for the proposed acquisition of 299.

KUALA LUMPUR (April 17): Naim Indah Corporation Bhd is in talks to develop a 32-floor office tower with a gross development value of US$120 million in Yangon, Myanmar, via a joint venture.

KUALA LUMPUR: Hektar Real Estate Investment Trust (Hektar REIT), the country’s first retail-focused REIT, will rely on organic revenue growth via its asset enhancement initiative (AEI) for its financial year ending December (FY15).