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KUALA LUMPUR (April 24): Aseana Properties Ltd, a London-listed property developer which is 23%-owned by Malaysian developer Ireka Corp Bhd, plans to sell some of its property assets and return the capital to shareholders this year, Ireka group managing director Lai Voon Hon (pictured) said in The Edge Financial Daily today.

KUALA LUMPUR (April 24): Eco World Development Group Bhd aims to list its Eco World International Bhd (EWI) special purpose acquisition company (SPAC) in 3Q, said Eco World chairman Tan Sri Liew Kee Sin (pictured) in The Edge Financial Daily today.

KUALA LUMPUR (April 24): Malaysian property developers can halt the degradation of the environment and go green by improving their corporate social responsibility practices, said Deputy Minister of Urban Well-Being, Housing and Local Government Datuk Halimah Mohamed Sadique.

KUALA LUMPUR (April 24): Property developer Tropicana Corp Bhd will launch the first phase of its Tropicana Aman (formerly Canal City) mixed township in the vicinity of Kota Kemuning in Shah Alam, Selangor this month.

KUALA LUMPUR (April 23): Pavilion Real Estate Investment Trust (REIT) saw its first financial quarter ended March 31, 2015 (1QFY15) distributable income rise 6.

KUALA LUMPUR (April 22): The projected gross development value (GDV) of a new residential development project in Puchong by Matrix Concepts Holdings Bhd could be increased up to RM754 million from RM500 million, according to Hong Leong Investment Bank Research, as reported in The Edge Financial Daily today.

KUALA LUMPUR (April 23): Eco World Development Bhd will not propose any dividend for its shareholders for the next two to three years as it is still in a growth phase, its chief financial officer Datuk Heah Kok Boon said.

An artist's impression of The Light Waterfront Phase 2 KUALA LUMPUR (April 23): Kenanga IB Research reported on April 22 that IJM Corp Bhd is in the midst of entering a new phase of growth as it is expanding most of its major earning drivers.

KUALA LUMPUR (April 23): Malaysian Rating Corp Bhd (MARC) has downgraded its outlook on IJM Corp Bhd’s RM1 billion commercial paper/medium-term notes programme (CP/MTN), while affirming the ratings of MARC-1/AA- on the programme.

KUALA LUMPUR (April 22): Eco World Development Group Bhd (Eco World) is seeking a three-month extension to complete the last part of its major corporate exercise.