SHAH ALAM (June 29): Packaging manufacturer Scientex Bhd, which is also involved in property development, intends to buy 326 acres of freehold tract in Pulai, Johor Bahru, for RM219 million cash to expand its land bank.
PETALING JAYA (June 29): Sunway Construction Group Bhd (SCG) has set a dividend policy of paying out 35% of its annual core profit once it has been listed to enable its shareholders “to participate in the group’s profit”, according to its prospectus of its initial public offer.
PETALING JAYA (June 29): The Selangor government has agreed to include the Damansara-Shah Alam (DASH) elevated expressway alignment into the Petaling Jaya City Plan 2 (RTPG 2).
PETALING JAYA (June 29): Sunway Construction Group Bhd’s (SCG) listing exercise will offer up to 398.
SHAH ALAM (June 29): I-Bhd, the developer of the 29-ha (72 acre) i-City here, may pay higher dividends as the company expects better profit this year.
Sunway Real Estate Investment Trust (June 26, RM1.
CapitaMalls Malaysia Trust (June 26, RM1.
• This week, we focus on the non-landed residential properties in one of Kuala Lumpur’s oldest suburbs, Setapak.
BINTAN (June 27): The Haven Sdn Bhd aims to launch its S$1 billion integrated hospitality project here in Indonesia by year-end, said its CEO Peter Chan.
PRICES on the Kota Kinabalu secondary market are expected to continue rising, albeit at a slower pace, in the coming months.
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