EUPE Corp net profit surges 28.9% in 4Q, driven by strong property sales
For the full year of FY2024, net profit increased by 35.
CapitaLand Malaysia Trust surges to near four-year high after strong 1Q
So far this year, CLMT has gained 17%, sharply outperforming its peers, buoyed by potential earnings contributions from its newly-acquired industrial properties.
Homes near electrical lines and substations may not always pose lower values
Based on the transacted prices gathered via EdgeProp analysis, it appears that the presence of a power station or transmission lines within 50m of the houses does not impact property prices across the board.
Fajarbaru Builder bags RM252m construction job in Johor Bahru from WCT
This is not the first time Fajarbaru has won a contract from WCT.
CLMT’s 1Q net property income jumps 63% to RM64m, DPU up 37%
Revenue for the quarter ended March 31, 2024 (1QFY2024) rose 42.
I-Bhd to raise RM100m from preference share issue
The proposal calls for the issuance of up to 100 million redeemable preference shares to Sumurwang Sdn Bhd at RM1 apiece, according to an exchange filing.
AME REIT’s 4Q net property income jumps 12%, declares 1.87 sen distribution per unit
During the quarter, AME REIT registered RM12.
Suria KLCC shrugs off competition from new malls, with occupancy rate hitting 98% at end-2023
Suria KLCC recently become a wholly owned subsidiary of KLCCP, after it bought the remaining 40% stake in the mall for RM1.
OCR Group inks JV agreement for residential development in Rawang
OCR said that under the joint-venture (JV) agreement, the landowner, Lecca Properties (M) Sdn Bhd, stands to gain RM45 million for partnering with the developer.
YNH aborts sale of Segambut land, appoints Chin Hin Group Property to develop it instead
Chin Hin is to develop a 2,434-unit serviced apartment on the plot, which it estimated will cost about RM575 million.
