China investors shifting focus to domestic market

The Asia-Pacific region has been impacted by China’s capital outflow control with China’s outbound investment in Asia Pacific in the first half of this year (1H2017) having slumped 59% y-o-y, according to CBRE Research’s Asia Pacific Marketview 2Q2017 report.

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DONE DEAL: 2-storey terraced house, Lakeside Residences, Puchong

Sold for: RM835,000 Concluded by: Wong Hor Yan (REN 18777) of 1TPE Realty (016-324 8307) When: July 2017 Noteworthy: ● Leasehold ● Land area: 22ft by 75ft ● Built up: 2,167 sq ft ● Four bedrooms and three bathrooms ● Lakeside property ● Gated-and-guarded development According to the agent, Wong Hor Yan of 1TPE Realty, the seller was an investor who bought the unit in 2013.

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Vizione mulls paying dividends

KUALA LUMPUR (Sept 7): Vizione Holdings Bhd is looking at the possibility of paying dividends to shareholders from as early as the next financial year ending May 31, 2019 (FY19), said its group managing director Datuk Ng Aun Hooi.

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Iris deputy MD retires amid graft probe

KUALA LUMPUR (Sept 7): Iris Corp Bhd announced that its deputy managing director (MD) Datuk Hamdan Mohd Hassan (pictured) has relinquished his position in the trusted identification (ID) company amid an ongoing graft probe in connection with the company’s e-passport contract with the Republic of Guinea.

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