UEM Sunrise’s 2Q earnings grow 12.6%
KUALA LUMPUR (Aug 18): UEM Sunrise Bhd saw its net profit for the second quarter ended June 30, 2015 (2QFY15) rise 12.
Hektar REIT 2Q realised net income up 3.4%, pays 2.6 sen DPU
KUALA LUMPUR (Aug 14): Hektar Real Estate Investment Trust (Hektar REIT)’s realised net income came in 3.
Mah Sing rescinds acquisition of RM359.96 mil Seremban land
PETALING JAYA (Aug 14): Mah Sing Group Sdn Bhd announced today that its wholly-owned subsidiary, Grand Prestige has rescinded its acquisition of a piece of prime, freehold land in Seremban for RM359.
Penang welcomes RM15 bil wellness resort city
GEORGE TOWN (Aug 14): Ewein Zenith Sdn Bhd is partnering with Consortium Zenith BUCG Sdn Bhd (CZBUCG) to develop the Wellness City of Dreams at Bandar Tanjong Pinang, Penang according to a report in the digitaledge Daily today.
Banyan Tree introduces Cassia in Phuket
SINGAPORE (Aug 13): Banyan Tree will open the first Cassia -- a new brand that combines hotel and serviced apartments - in Phuket, Thailand, this October.
Affin: TRX land price at a 2.3% discount to market value
KUALA LUMPUR (Aug 12): Affin Holdings Bhd said the purchase price of RM255 million, or RM4,699 per sq ft, for a 54,266-sq-m plot of land at Tun Razak Exchange (TRX) here represents a discount of RM6 million or 2.
PKR wants Affin owner to review TRX land buy, citing conflict of interest
KUALA LUMPUR (Aug 12): PKR wants Armed Forces Fund Board (LTAT) to compel its associate company Affin Holdings Bhd and Affin Bank Bhd to review its recent purchase of land in 1Malaysia Development Bhd's (1MDB) Tun Razak Exchange (TRX) project, citing conflict of interest.
Global Oriental to sell 19-acre Seri Kembangan parcel for RM43.3 mil
KUALA LUMPUR (Aug 12): Global Oriental Bhd is selling a 19.
Affin’s land deal is affordable but pricey
KUALA LUMPUR (Aug 12): Besides the bearish market sentiment, the purchase of land in Tun Razak Exchange (TRX) at a record high transaction price has accelerated the fall in Affin Holdings Bhd’s share price, which hit a 3½-year low yesterday.