News about capital

SINGAPORE (March 27): RHB is raising its target price of CapitaLand by 24 cents to S$3.

OVER the past three years, the government has repeatedly said that it is “too early” or “premature” for the property cooling measures to be lifted.

Sold for: RM1.

KUALA LUMPUR (March 23): Eco World Development Group Bhd’s wholly-owned subsidiary Eco World Capital (International) Sdn Bhd (EW Capital) would subscribe 648 million new shares with 259.

SINGAPORE (March 23): The trustee managers of CapitaLand Commercial Trust (CCT) and CapitaLand Mall Trust (CMT) has established a US$2 billion (S$2.

PETALING JAYA (March 22): Australia’s Independent Management Group (IMG) has inked an agreement with Malaysian boutique developer Lyon Capital Sdn Bhd to provide consultancy and management services for medium- to high-end retirement village developments in South East Asia.

KUALA LUMPUR (March 22): Energy, construction and real estate group Mulpha International Bhd has announced a 10-into-one share consolidation plan to improve its capital structure and reduce the trading volatility of its shares.

PETALING JAYA (March 16): TSR Capital Bhd has signed a Memorandum of Understanding (MoU) with Terusan Al-Maju Sdn Bhd and US-based investment company Globe Venture Holdings Inc to develop a 76-acre resort township project in Langkawi with an estimated gross development value (GDV) of RM3.

THE secret to happiness is to spend ­money on experiences and not things, says Thomas Gilovich, a psychology professor at Cornell University.

SINGAPORE (March 8): DBS is maintaining its “buy” recommendation for CapitaLand Commercial Trust, thanks to the timely acquisition of the remaining 60% stake in CapitaGreen.