REITs’ target prices revised downwards on higher MGS yield
Real Estate Investment Trusts Maintain neutral call: Malaysian government securities (MGS) yield spiked in November to above 4.
MBSB CEO keeps mum about MBSB-AFB merger
KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) president and chief executive officer (CEO) Datuk Ahmad Zaini Othman (pictured) kept mum about questions yesterday about the potential merger and acquisition (M&A) of MBSB with Asian Finance Bank (AFB), saying only it is now a shareholder matter.
George Kent 3Q net profit almost doubles to RM23.74 mil
KUALA LUMPUR (Dec 6): George Kent (M) Bhd’s net profit jumped 96.
From backwater to property hot spots
TYPICALLY, when prime land in the city centre becomes scarce, fringe areas become the next natural target for both investors and developers.
EcoFirst secures RM189.95m financing facilities from MBSB to fund Ampang Ukay project
KUALA LUMPUR (Dec 5): EcoFirst Consolidated Bhd has secured financing facilities worth RM189.
Bina Darulaman to launch RM900m worth of projects in FY17
KUALA LUMPUR (Dec 5): Bina Darulaman Bhd (BDB) is targeting RM900 million in gross development value (GDV) of property launches for the financial year ending Dec 31, 2017 (FY17), with the group maintaining its focus on the affordable housing segment.
Bina Darulaman 3Q net profit up 58.1% on revenue surge
KUALA LUMPUR (Dec 5): Bina Darulaman Bhd reported a 58.
Sentoria’s Morib, Kuching projects contribute to record sales
Sentoria Group Bhd (Dec 2, 78.
Just In: It’s more than just a bed
STORAGE spaces are becoming more precious as home unit sizes get smaller especially for those living in city centres.
Just In: Electrolux introduces the UltimateCare washing machine
GLOBAL home appliances company Electrolux has introduced nine new models of front-load washers and washer-dryers to cater to the modern consumer’s needs for low temperature washing.
