OSK Holdings reshuffles board, names Ong Ju Yan MD
KUALA LUMPUR (April 20): OSK Holdings Bhd announced a number of changes to its board of directors yesterday, chief among them is the redesignation of Ong Ju Yan as managing director (MD) of the group, and his brother Ju Xing as deputy MD, with immediate effect.
Hua Yang to up stake in Magna Prima to 30.96%
KUALA LUMPUR (April 20): Hua Yang Bhd is planning to up its stake in Magna Prima Bhd by 20.
Rise in number of landed homes sold at auctions
IN 1Q2017, of eight properties sold under the hammer, four were landed homes, according to JLL in a release on April 3.
GuocoLand 4Q net profit down y-o-y after asset sale last year
KUALA LUMPUR (April 19): GuocoLand (Malaysia) Bhd saw a 38% decline in net profit for its third financial quarter ended March 31, 2017 (3QFY17) to RM8.
S P Setia offers differential sum loan scheme to its buyers
SHAH ALAM (April 19): Property developer S P Setia Bhd has launched a differential sum loan scheme that offers interest rates from 5.
Analysts hold S P Setia's earnings forecast pending Singapore project launch
KUALA LUMPUR (April 19): Analysts are holding their earnings forecast for S P Setia Bhd after it won the tender for a plot of prime land in Singapore, amid concern over the group’s valuation due to the high cost of the land.
Iskandar Waterfront City seeks more time to deliberate proposed merger with major shareholder
KUALA LUMPUR (April 19): Iskandar Waterfront City Bhd (IWCity) has requested for more time to deliberate on the proposed merger with its major shareholder Iskandar Waterfront Holdings Sdn Bhd (IWH).
Rehda: Review cooling measures to boost sales
KUALA LUMPUR (April 19): The Real Estate and Housing Developers’ Association Malaysia (Rehda) has once again called on the government to review its property cooling measures to boost property sales.
Buyers need to be more realistic, says Rehda
KELANA JAYA (April 19): Homebuyers need to be more realistic when it comes to choosing a preferred location for their potential homes, said the Real Estate Housing Developers’ Association Malaysia (Rehda).
