Eco World on track to meet RM3 bil property sales in FY15 despite broader market doldrums
KUALA LUMPUR (Aug 19): Eco World Development Group Bhd is on track to meet its sales target of RM3.
Affin: TRX land price at a 2.3% discount to market value
KUALA LUMPUR (Aug 12): Affin Holdings Bhd said the purchase price of RM255 million, or RM4,699 per sq ft, for a 54,266-sq-m plot of land at Tun Razak Exchange (TRX) here represents a discount of RM6 million or 2.
Affin’s land deal is affordable but pricey
KUALA LUMPUR (Aug 12): Besides the bearish market sentiment, the purchase of land in Tun Razak Exchange (TRX) at a record high transaction price has accelerated the fall in Affin Holdings Bhd’s share price, which hit a 3½-year low yesterday.
Affin Bank buys land from 1MDB
KUALA LUMPUR (Aug 11): Affin Bank Bhd, which is controlled by Lembaga Tabung Angkatan Tentera (LTAT), is paying RM255 million cash to buy a parcel of land in the Tun Razak Exchange (TRX) — a property development project wholly owned by 1Malaysia Development Bhd (1MDB).
Lembaga Tabung Haji still considering offers for TRX land, says chairman
KUALA LUMPUR (July 28): Lembaga Tabung Haji (LTH) is still evaluating offers for the proposed sale of a parcel of land it bought from 1Malaysia Development Berhad (1MDB) at Tun Razak Exchange (TRX) earlier this year, its chairman Datuk Seri Abdul Azeez Abdul Rahim said today.
Forty investors keen on Bandar Malaysia
KUALA LUMPUR (July 14): Some 40 interested parties, including local government-linked corporations (GLCs) and foreign state-owned investment firms, have submitted proposals to participate in the development of Bandar Malaysia, a property project wholly owned by 1Malaysia Development Bhd (1MDB).
1MDB's Bandar Malaysia eyes consortiums, construction to start as early as 2017
KUALA LUMPUR (June 30): The scale of 1Malaysia Development Bhd's (1MDB) Bandar Malaysia mixed-use development here may require the combined expertise and financial strength of consortiums to ensure its success.
Eco World optimistic about meeting RM3 bil FY15 sales target, RM4 bil in FY16
KUALA LUMPUR (May 28): Eco World Development Group Bhd is still confident in achieving its sales target of RM3 billion for its financial year ending Oct 31, 2015 (FY15), and its target of RM4 billion in FY16.
Eco World to launch first Penang project next month
PENANG: Eco World Development Group Bhd (EcoWorld) is expected to launch its first project in Penang, Eco Terraces condominium, in mid-June.
EcoWorld raises RM2.8 bil for expansion plans
PETALING JAYA (May 8): Following a 20% share placement with institutional investors and the completion its corporate exercise yesterday, EcoWorld Development Group Bhd has raised some RM2.
