KUALA LUMPUR (Jan 18): Sime Darby Bhd today confirmed that the conglomerate and two other property groups, SP Setia Bhd and I&P Group Sdn Bhd, have aborted their plans to jointly develop an affordable housing project in Indonesia worth 11.
SINGAPORE (Jan 18): The manager of CapitaLand Commercial Trust (CCT) has reported a distribution per unit (DPU) of 2.
SINGAPORE (Jan 18): Deutsche Bank expects a challenging 2017 for the local property market despite forecasting a recovery.
KUALA LUMPUR (Jan 18): Due to an oversupply, high-end strata properties particularly Small-office Home-office (SoHo) and Small-office Virtual-office (SoVo) units could see prices falling by at least 10% this year, according to property consultancy firm CBRE | WTW.
KUALA LUMPUR (Jan 18): TA Securities Research has maintained its “Underweight” rating on the property sector, as “weak market sentiment, increasing supply and tight lending environment are expected to weigh on property sales”.
KUALA LUMPUR (Jan 18): RHB Retail Research said Ekovest Bhd may rise higher after posting a long white candle and hitting its highest close in nearly two months.
KUALA LUMPUR (Jan 18): AllianceDBS Research said Mudajaya Group Bhd (Mudajya) had gapped down to reach a low of 85 sen before closing at 86.
KUALA LUMPUR (Jan 18): Hua Yang Bhd fell 1.
KUALA LUMPUR (Jan 18): Confirming that it is paring down its stake in Malayan Banking Bhd (Maybank) to raise money, cash-strapped Federal Land Development Authority (Felda) disclosed yesterday that it also wants to dispose of some of its overseas assets.
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