Paramount to develop Mercure hotel in Utropolis Glenmarie
PETALING JAYA (April 4): Paramount Corporation Bhd today announced the development of the hotel component in its integrated development in Shah Alam, Utropolis Glenmarie.
Frasers Centrepoint Trust issues S$90 mil 2.365% notes
SINGAPORE (April 4): Frasers Centrepoint Asset Management, the manager of Frasers Centrepoint Trust, announced Monday that FCT MTN has issued S$90 million (RM285.
ARA Asset Management's 4Q earnings falls 28% to S$18.5 mil
SINGAPORE (Feb 10): REIT management company ARA Asset Management posted 28% lower earnings of S$18.
Landmarks names Wee as CEO, slips into red in 3Q
KUALA LUMPUR (Nov 18): Landmarks Bhd yesterday announced the appointment of Mark Wee Liang Yee as its new chief executive officer while it saw a net loss of RM14.
WCT’s share price shows positive gap up from its trading range
Maintain neutral recommendation with a target price of RM1.
Sime’s Saizen REIT buy is back on track
KUALA LUMPUR (Oct 11): Sime Darby Bhd’s plans to acquire a majority stake in Singapore-based Saizen Real Estate Investment Trust (REIT) through a reverse takeover is back on track.
Sime Darby's plan to acquire Saizen REIT via RTO may have fallen through
KUALA LUMPUR (Oct 4): Sime Darby Bhd's plan to acquire a majority stake in Saizen Real Estate Investment Trust (Saizen REIT) through a reverse takeover (RTO) appears to have fallen through.
AmInvest wants to increase exposure to REITs but rates M'sia as underweight
KUALA LUMPUR (Sept 7): AmFunds Management Bhd, or more commonly known as AmInvest, has rated Malaysia's real estate investment trust (REIT) as "underweight", despite seeking to double its investment to RM500 million in that asset class by next March.
Paramount plans hotel project with Singapore firm
KUALA LUMPUR (Aug 25): Paramount Corp Bhd is tying up with a Singapore firm to undertake a proposed hotel development in the former's integrated township, Paramount Utropolis at Glenmarie, Shah Alam.
Open tender to be called for KL-Singapore HSR project on Monday
KUALA LUMPUR (Aug 19): MyHSR Corp Sdn Bhd and Singapore's Land Transport Authority (LTA) will be calling for a joint tender on Monday (Aug 22) to appoint a joint development partner (JDP) to assist in the development of the Kuala Lumpur-Singapore High Speed Rail (HSR) project.
