News about capital

SINGAPORE (Aug 3): CapitaLand, South-east Asia’s largest property group, has reported a near doubling of 2Q17 earnings to S$579.

Sunway Bhd (July 31, RM4.

  PETALING JAYA (July 27): Melawati Mall in Taman Melawati, Kuala Lumpur opened its doors yesterday to serve an estimated 740,000 residents in the surrounding neighbourhoods which include Taman Melawati, Taman Melati, Wangsa Maju, Bukit Antarabangsa, Ukay Heights, and Kemensah Heights.

ONLY a handful of about 200 attendees at the ­recent Real Estate Developers’ Associa­tion of Singapore (Redas) property market update seminar on July 7 spent at least S$200 (RM630) in a Singapore shopping mall in ­recent months, according to a straw poll ­conducted by Knight Frank ­Singapore’s ­Wendy Low, exe­cutive director of retail, and Alice Tan, head of ­consultancy and research.

SINGAPORE (July 24): The Ascott, CapitaLand’s serviced residence unit, is acquiring an 80% stake in Synergy Global Housing, a leading accommodation provider in the US where it leases apartments from partners and property owners to rent to corporate clients.

KUALA LUMPUR (July 21): Encorp Bhd, which inked preliminary agreements with several companies last year to develop its huge 641-acre landbank in Melaka, has called off one of them.

SINGAPORE (July 21): Regal International Group, the former Hisaka Holdings, is acquiring land in Sarawak to build a residential cum retail development.

KUALA LUMPUR (July 21): Sinmah Capital Bhd, formerly known as Farm's Best Bhd, is planning to raise up to RM44.

CapitaLand Malaysia Mall Trust (July 20, RM1.

SINGAPORE (July 21): The capital flight to greener pastures abroad from Singapore has slowed to a trickle, amid a turnaround in the property market at home.