News about co

PETALING JAYA (June 19): Property tycoon Tan Sri Danny Tan, who founded Tropicana Corp Bhd in 1992, had retired as group executive vice chairman, the developer said in a press statement yesterday.

PETALING JAYA (June 18): Eco World Development Group Bhd (Eco World) shares rose 8 sen or 5.

KUALA LUMPUR (June 18): Eco World International Bhd (EWI), a special purpose entity set up by major shareholders of Eco World Development Group Bhd (Eco World) to acquire real estate assets for development overseas, has withdrawn its plans to list as a special purpose acquisition company (SPAC) that was to raise RM1.

• Today we look at price growth and indicative asking rental yields for non-landed residences along Kuala Lumpur’s Jalan Ipoh.

KUALA LUMPUR (June 17): Eco World Development Group Bhd reported a 286% jump in net profit to RM11.

CRESCENDO CORPORATION BHD PROPERTY stocks may under-perform in the near to medium term, following cooling measures, weak consumer confidence and oversupply concerns, including in Iskandar Malaysia (IM).

• This week, the spotlight falls on non-landed residences along one of Kuala Lumpur’s main arterial roads, Jalan Ipoh.

PETALING JAYA (June 12): Construction media group, BCI Asia awarded 20 of the country’s finest architecture firms and developers at its 11th annual BCI Asia Awards 2015 ceremony here tonight.

KUALA LUMPUR (June 12): TA Global Bhd has completed the sale of its 65% stake in a Canadian property development joint venture (JV) for RM69.

DUBAI (June 12): London house prices are expected to increase between 2% and 3% this year, and likely approach 18% to 20% in the next five years, according to global real estate services company, Cluttons LLP.