KUALA LUMPUR (Aug 8): Matrix Concepts Holdings Bhd, which was one of the small- to mid-capitalisation property developers that have been offering a decent dividend payout ratio (DPR) — at least 40% of its net profit — recently capped its DPR to a maximum of 40% instead.
LOCATED 35km north of Kuala Lumpur, Rawang in Selangor was once a busy tin mining town which had recorded a number of “firsts” in the country.
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Setia Sky Seputeh is an exclusive, low density condominium project comprising 290 units housed in two towers TUCKED away from the hustle and bustle of the city is Taman Seputeh, a cosy nook between the vibrant Mid Valley City and upscale Taman Desa.
KUALA LUMPUR (Aug 4): The government, specifically the Deputy Minister of Finance 1 Datuk Othman Aziz, said yesterday that houses priced up to RM165,060 are considered affordable to a median Malaysian household.
MAMMOTH Empire Holdings Sdn Bhd, the property developer and asset manager behind Empire Shopping Gallery in Subang, Selangor, plans to raise funds through a maiden issue of bonds.
PETALING JAYA (Aug 3): IJM Land Bhd will be launching the second phase of Rimbun Vista (3A2) at S2 Heights, Seremban 2 later this September, said its managing director Edward Chong.
KUALA LUMPUR (Aug 3): TSR Capital Bhd, which currently has an order book of RM800 million, is tendering RM5 billion worth of construction projects, including the Damansara-Shah Alam Elevated Expressway, Sungai Besi-Ulu Klang Elevated Expressway, and mass rapid transit and light rail transit 3 projects.
TRX City Sdn Bhd (formerly known as 1MDB Real Estate Sdn Bhd) saw a net profit of RM380.
Banking sector Maintain overweight: June 2016 loan growth (+5.
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