Overseas property projects lift BCorp’s 2Q earnings

KUALA LUMPUR (Dec 30): Berjaya Corp Bhd (BCorp) reported a 44% year-on-year rise in net profit in the second quarter of financial year 2017 (2QFY17), largely due to improved contribution from its property investment and development business segment.

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MQREIT: No plans to go into property development yet

KUALA LUMPUR (Dec 8): MRCB Quill Management Sdn Bhd, the manager of MRCB-Quill Real Estate Investment Trust (MQREIT), says it has no plans to embark on property development activities as yet, despite the proposed liberalisation of the REIT guidelines by the Securities Commission Malaysia (SC) in July.

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Berjaya Corp eyes second venture in Japan

KYOTO (Nov 30): Tycoon Tan Sri Vincent Tan Chee Yioun, via his flagship Berjaya Corp Bhd (BCorp), is in talks with luxury hotel operator Four Seasons Hotels and Resorts to develop a 100-acre (40.

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Quill 6 close to being sold, will not be injected into MQREIT

QUILL 6, a 24-storey office building on Lebuh Ampang, Kuala Lumpur — where HSBC Bank Malaysia Bhd has its headquarters — will not be injected into MRCB-Quill Real Estate Investment Trust (MQREIT) as its owner, the Quill Group of Companies, is seeking buyers for the property, according to sources.

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